PHOTO: Alyssa Rosenheck for Oxford Exchange Design By Sacha Strebe for My Domaine
Remodeling and where to allocate your investments wisely can definitely be scary and overwhelming, especially without the proper guidance. Below are the Top 5 renovation investments to get the most bang for your buck according to My Domaine 2017 findings. PROS 1. UP: Deck Addition (Composite) | 62.2% Return Job Cost: $17,249 Resale Value: $11,252 Cost Recouped: 65.2% 2. UP: Family Room Addition | 69.3% Return Job Cost: $89,566 Resale Value: $62,055 Cost Recouped: 69.3% 3. UP: Major Kitchen Remodel | 65.3% Return Job Cost: $62,158 Resale Value: $40,560 Cost Recouped: 65.3% 4. UP: Master Suite Additon | 64.8% Return Job Cost: $119,533 Resale Value: $77,506 Cost Recouped: 64.8% 5. UP: Two-Story Addition | 71.1% Return Job Cost: $176,108 Resale Value: $125,222 Cost Recouped: 71.1% CONS 1. DOWN: Basement Remodel | 70% Return Job Cost: $71,115 Resale Value: $49,768 Cost Recouped: 70% 2. DOWN: Backyard Patio | 54.9% Return Job Cost: $51,985 Resale Value: $28,546 Cost Recouped: 54.9% 3. DOWN: Bathroom Addition and Remodel | 53.9 and 64.8% Return Job Cost: $43,232 Resale Value: $23,283 Cost Recouped: 53.9% 4. DOWN: Backup Power Generator | 54% Return Job Cost: $12,860 Resale Value: $6,940 Cost Recouped: 54% To see the full article, click here. Comments are closed.
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August 2017
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