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June 18, 2014

Renovation Projects with the Best ROI

Notable

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Did You Know fixing up your home's exterior will give you the biggest bang for your buck when renovating? Replacing your front door gives you the best return on investment (97 percent) — followed by building a deck (87percent).

Want more indoor space? Turn your attic into a bedroom and recoup 84 percent of money spent.

So what about the ever popular kitchen renovation? With a major kitchen job (mid-range price vs. upscale), you’ll recoup 74 percent of your costs.

Note that the overall value of renovating, at 66 percent cost to value, is up for the second year in a row. See how much various renovation jobs cost and what you’re likely to recoup.

Read other Did You Know? posts in our series to celebrate National Homeownership Month.

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