Best home improvement investments | TheFencePost.com
YOUR AD HERE »

Best home improvement investments

Family Features
Ken Hurst | 649151
Buy Photo

Whether it’s time to sell the house, or it’s just time to make some improvements, it’s important to know which projects will be the best investments. You may really want to put a hot tub in the bathroom, or create an outdoor room, but will you recoup any of those costs when you sell the house? Where’s the smartest place to invest your hard-earned money?

For the past 20 years, the National Association of Realtors and Remodeling magazine have produced the Cost vs. Value Report, a detailed analysis of 30 different key home improvement projects. The report shows how much the projects cost and what they typically recoup in value when a home is sold. The figures are adjusted by region as well as shown as a national average.

The 2008-2009 Cost vs. Value Report indicates that while the average home price has fallen by a national average of 7 percent, the value of homeowners’ remodeling investments has declined less than 4 percent. As the housing market has slowed, there are fewer upscale projects being done. Instead, the focus is on curb appeal projects.



In comparing the national averages, replacement projects that boost curb appeal – siding, windows, and decks – give you the greatest chance of recouping your money. Inside, only kitchen remodels can compare, at least on a national level.

Whether it’s time to sell the house, or it’s just time to make some improvements, it’s important to know which projects will be the best investments. You may really want to put a hot tub in the bathroom, or create an outdoor room, but will you recoup any of those costs when you sell the house? Where’s the smartest place to invest your hard-earned money?



For the past 20 years, the National Association of Realtors and Remodeling magazine have produced the Cost vs. Value Report, a detailed analysis of 30 different key home improvement projects. The report shows how much the projects cost and what they typically recoup in value when a home is sold. The figures are adjusted by region as well as shown as a national average.

The 2008-2009 Cost vs. Value Report indicates that while the average home price has fallen by a national average of 7 percent, the value of homeowners’ remodeling investments has declined less than 4 percent. As the housing market has slowed, there are fewer upscale projects being done. Instead, the focus is on curb appeal projects.

In comparing the national averages, replacement projects that boost curb appeal – siding, windows, and decks – give you the greatest chance of recouping your money. Inside, only kitchen remodels can compare, at least on a national level.

Whether it’s time to sell the house, or it’s just time to make some improvements, it’s important to know which projects will be the best investments. You may really want to put a hot tub in the bathroom, or create an outdoor room, but will you recoup any of those costs when you sell the house? Where’s the smartest place to invest your hard-earned money?

For the past 20 years, the National Association of Realtors and Remodeling magazine have produced the Cost vs. Value Report, a detailed analysis of 30 different key home improvement projects. The report shows how much the projects cost and what they typically recoup in value when a home is sold. The figures are adjusted by region as well as shown as a national average.

The 2008-2009 Cost vs. Value Report indicates that while the average home price has fallen by a national average of 7 percent, the value of homeowners’ remodeling investments has declined less than 4 percent. As the housing market has slowed, there are fewer upscale projects being done. Instead, the focus is on curb appeal projects.

In comparing the national averages, replacement projects that boost curb appeal – siding, windows, and decks – give you the greatest chance of recouping your money. Inside, only kitchen remodels can compare, at least on a national level.


Start a dialogue, stay on topic and be civil.
If you don't follow the rules, your comment may be deleted.

User Legend: iconModerator iconTrusted User


News

Dykes, Carlin discuss IDFA agenda

|

International Dairy Foods Association President and CEO Michael Dykes and David Carlin, the IDFA senior vice president for legislative affairs and economic policy, said Tuesday the dairy processor group will focus this year on continuing…



See more