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Thinking of Remodeling? Here Are The Top Projects That Really Hold Their Value

It’s no secret that remodeling a home can be expensive. But sometimes improvements are necessary, especially if you are gearing up to sell. Thankfully, there’s no need to remodel every room at once, but you do have to prioritize in order to get your money’s worth.

So how do you know which projects will give you the best pay back? We’ve compiled a list of the top remodeling jobs that retain their value, according to the Remodeling.com’s 2014 report, based on pricing for the South Atlantic region.

  1. Replace the entry door: the curb appeal of this really speaks to buyers.
    1. Pays back: 101%
    2. Average cost: $1,119
  2. A deck addition.
    1. Pays back: 89%
    2. Average cost: $8,709
  3. Garage door replacement: this is another improvement that gets noticed right from the driveway.
    1. Pays back: 89%
    2. Average cost: $1,459
  4. Mid-range attic bedroom remodel
    1. Pays back: 88%
    2. Average cost: $46,135
  5. A midrange kitchen remodel: this means new laminate counter tops, sink, cabinet hardware and appliances, while leaving the floor and cabinets in place.
    1. Pays back: 83%
    2. Average cost: $17, 867

Now you may be asking, so which projects don’t pay off in the long run? According to Remodel.com’s data, adding a backup power generator, a master suite, bathroom, sunroom or a home office remodel are at the bottom of the list. If you plan on selling your home or if have any questions about remodeling projects, feel free to contact us at info@dickandkarla.com.

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