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Home Improvements - What are They Worth?
Are you wondering just which home improvements you should make to help your home sell? Many home sellers never realize before embarking on their new home improvements just what they can expect as a return on their dollar. Most home improvements don't return 100% of their value.The following is a list of the top home improvements based on the percentage of return on investment (compiled by realtor.com 2001).
- Minor kitchen remodel - 94% of investment
- Bathroom addition - 91% of investment
- Major kitchen remodel - 90% of investment
- Master suite addition - 84% of investment
- Conversion of attic to a bedroom - 84% of investment
- Two story addition - 83% of investment
- Family room addition - 83% of investment
- Bathroom remodel - 77% of investment
- Replace windows - 74% of investment
- Replace siding - 73% of investment
- Deck addition - 72% of investment
- Conversion of an extra bedroom to a home office - 67% of investment