Home Improvements

As Homeowners two of our biggest goals are to increase the value of our home while making it the most comfortable home possible, meeting our needs and exceeding our expectations. So what are the various types of home improvements that do this the best. The first is easy, to increase the value of your home there are certain improvements that are known to hold the best re-sale value. According to Remodeling Magazine Cost vs. Value 2005 and other expert sources, the following home improvements are the best if you are looking at increasing the value of your home**:

**Note: The BEST way to determine the cost of your home improvement is to get 3 estimates from professional local contractors in your area - Location of your home and your project specifics have an enormous impact on the total cost of your home improvement!

Kitchen Remodel - average cost can range from $ 14,000 to $84,000 depending on the significance of the remodel, features you want in your kitchen, the quality of cabinets, countertops & fixtures and the area of the country your home is located. The re-sale value, which is the percentage of the cost that can be regained in the selling price is, 78% to 112% plus the enjoyment of your kitchen while you own the house.

Bathroom Remodel - average cost can range from $9,000 to $27,000 depending on the significance of the remodel, size of your bathroom, quality of fixutures, features you want and the area of the country your home is located. The re-sale value is 78% to 112% plus the enjoyment of your bathroom while you own the house.

Basement Remodel - average cost can range from $46,000 to $51,000 depending on the significance of the remodel, size of your basement, features you want and the area of the country your home is located. The re-sale value is 73% to 108%.

Siding Replacement - average cost can range from $7,000 to $12,000 depending on the type and quality of siding, the size of your home and the area of the country your home is located. The re-sale value is 91% to 115% plus the enjoyment of low maintenance and energy efficiency of new siding while you own the house.

Window Replacement - average cost can range from $9,000-$10,000 depending on the number and size of your windows, the quality of window you desire and the area of the country your home is located. The re-sale value is 84% to 103% plus you can decrease your energy cost with new windows and enjoy lower energy bills while you own the house.

Other improvements that are considered to give good increased value to your home are Attic Bedroom, Deck Addition, Family Room Addition, Roofing Replacement, Home Office Remodel and Master Bedroom Addition.

Increasing the value is much more straightforward than improving your home to meet all your needs and exceed your expectations. A detailed review of your needs and lifestyle along with good planning can help ensure that you acheive not only the house of your needs, but of your dreams. By obtaining 3 estimates from local contractors you will gain insight not only into cost, but also gain ideas that different contractors may have for your remodel. This is part of the planning process as you needs and desires will become more clear.

 

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