Not all remodeling projects deliver the same bang for the buck when it comes to resale. If you are planning to sell soon and think that renovations will increase the value of your home, then some research might be in order. Studies suggest that most renovation projects do increase the value, however, the increase is typically less than the cost of the project. Generally, a homeowner will experience a return of 60% to 80% on the dollar at resale. Some of the more cost effective improvements are minor kitchen remodel, deck addition, and window replacements. Keep in mind the cost recouped can be affected by the quality of finish and even the type of neighborhood and local conditions.

Probably the biggest advantage that remodeling has is the fact that it increases the appeal of your home to buyers. A gleaming state of the art kitchen with granite countertops and bathrooms with tile and glass can sell a house more quickly than a home with an outdated kitchen and old appliances. Email me at donna@donnaforest.com if you would like a free copy of the 2014 Remodeling Cost vs. Value Report. 603-526-4116