Remodeling Magazine recently released their 30th annual Cost vs. Value report that they say offers “an unbiased, third-party report on how much it really costs for a professional to do a typical remodeling project, as well as how much a real estate pro believes that project will increase a home’s value if it’s sold within a year of when the work was completed.” Indeed, they compare 29 popular remodeling projects & upgrades with the value they retain when the property is sold in 99 U.S. housing markets.
“As was the case last year, putting loose-fill insulation in an attic is the only project that returns a higher value than its cost. It came in at 107.7%. Next up is the steel door replacement, a perennial high finisher, at 90.7%, followed by manufactured stone veneer at 89.4%.”
Number of Markets in Which a Project Had a 100%+ Return
