How to Increase Your Home's Value
If you are planning on remodeling keep in mind that not every remodel will increase the value of your home. According to Realtor Magazine, here is what you can expect to recouped, on average, for each project.
Minor kitchen remodel (88%)
Bathroom remodel (85%)
Major kitchen remodel (81%)
Family room addition (80%)
Deck addition (77%)
Master suite (75%)
Attic bedroom (74%)
Siding replacement (73%)
Window replacement (69%)
Home office (55%)
These may not add value to your house:
Jacuzzi (4 jets or more); permanent hot tub; in-ground pool; security system; sprinkler system; substantial out buildings; and vaulted ceilings, above-ground pool; ceiling fans; garden pond; and light fixtures.
l Remodel with mass appeal in mind.
l Use durable, quality materials.
Remember to keep the value of your property within 15 to 20 percent of your neighbors’.