Laura Dunlap, Realtor®
217 North Bay Avenue
Beach Haven, NJ 08008
Cell: (609) 290-76860
Fax: (609) 492-2708
Email Laura

Home Projects with Big Resale Returns

Posted By Laura Dunlap @ May 4th 2014 11:43am In: Spring Newsletter 2014

Now that it finally feels like Spring you may be thinking of starting a home project. Now you must decide where your money and time will be best spent. There is a project for every budget. According to Realtor Magazine, here are the overall top 5 mid-range projects.

1. Entry Door Replacement (steel)
Job Cost: $1,162
Resale Value $1,122
Cost Recouped $96.6%
2. Deck Addition (wood)
Resale Value $8,334
Cost Recouped 87.4%
3. Attic Bedroom
Job Cost: $49,438
Resale Value $41,656
Cost Recouped: 84.3%
4. Garage Door Replacement
Job Cost; $1,534
Resale Value: $1,283
Cost Recouped: 83.7%
5. Minor Kitchen Remodel
Job Cost: $18,856
Resale Value: $15,585
Cost Recouped: 82.7%

Back up generators were also high on the list for our region with a 77% recoup at sale. This comes as no surprise since there was such a high demand for them after Superstorm Sandy.

Looking for more Check out the Cost vs. Value Report for the Mid-Atlantic Region

Print This Post Email This Post