Before Kitchen |
After Remodeling |
Bathroom Remodel
Cost: $19,936
Resale Value: $10,850
Cost Recouped: 57.3%
How to do it:
Add a full 6-by-8-foot bathroom over a crawlspace with poured concrete walls. Include cultured-marble vanity top with molded sink; standard chrome faucets; 30-by-60-inch white fiberglass tub/shower with ceramic tile surround; single-lever temperature and pressure-balanced faucet; white low-profile toilet; general and spot lighting; electrical wiring to code; mirrored medicine cabinet; linen storage closet or cabinet; vinyl wallpaper; painted trim; and ceramic tile floor.
Minor Kitchen Remodel
Cost: $20,377
Resale Value: $14,611
Cost Recouped: 71.7%
How to do it:
In a functional but dated 200-square-foot kitchen with 30 linear feet of cabinetry and countertops, leave cabinet boxes in place but replace fronts with new raised-panel wood doors and drawers, including new hardware. Replace wall oven and cooktop with new energy-efficient models. Replace laminate countertops; install midpriced sink and faucet. Repaint trim, add wall covering, and remove and replace resilient flooring.
Window Replacement (Vinyl)
Cost: $12,633
Resale Value: $7,313
Cost Recouped: 57.9%
How to do it:
Replace 10 existing 3-by-5-foot double-hung windows with insulated vinyl replacement windows. Wrap existing exterior trim as required to match. Do not disturb existing interior trim.
For a complete list of all the remodeling projects, you may refer to Remodeling Cost vs Value Report 2011-12. so, why invest in these major improvements? In our current buyer's market, says the National Association of Realtors, houses with well-done improvements tend to sell quicker than their shabbier neighbors. As a result, remodeling your home is a great investment.
If you need a list of professionals who can help you remodeling your home, please don't hesitate to contact me.
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