The Home Remodeling Projects With the Best Payback

The Home Remodeling Projects With the Best Payback
Photo by Jack Frog / Shutterstock.com

Rido / Shutterstock.com
Rido / Shutterstock.com

When it comes to remodeling, there’s what we want — maybe a gazebo, a chef’s kitchen, heated floors, a star-viewing deck. Then there’s what we need — a new roof, maybe, or bedrooms enough for the entire family. Finally, there’s what makes investment sense. How much of a project’s cost will you get back when you sell the house?

The good news is that with home values on the rise, the payback from many home renovations is rising too. That’s according to Remodeling Magazine, a trade publication, which recently released its 30th annual Cost vs. Value report. The report covers return on investment for a broad range of common home improvement projects — from garage-door upgrades and bathroom remodels to window replacement and two-story additions. Some projects were considered “midrange” and others “upscale,” depending on the size of the projects and whether they incorporate higher-end trim and amenities.

How does your renovation project measure up as an investment?

See where it fits in this rundown from the report — which ranks the 29 remodeling jobs by percentage of project cost that homeowners can expect to recoup when selling the home.

Popular Articles

The Secret to Getting Dollar Store Items for Free
The Secret to Getting Dollar Store Items for Free

If you know where to look, you can score freebies at the dollar store regularly.

The 10 Commandments of Wealth and Happiness
The 10 Commandments of Wealth and Happiness

I’ve been offering money advice for more than 35 years. Here are the 10 most important things I’ve learned.

17 Simple Home Repairs That Will Save You Cash
17 Simple Home Repairs That Will Save You Cash

Here’s how to cut household costs and maintain your property’s value.

View this page without ads

Help us produce more money-saving articles and videos by subscribing to a membership.

Get Started

Comments