I wanted to share some tips from my Realtor Magazine about various remodeling jobs that you will recoup the expense for when it comes time to sale your home. Consider this my “How To Sell Your Home”.
They are as follows:
1. The No. 1 remodeling project in Utah’s capital was a midrange garage door replacement. This recouped nearly 72% of its $1,380 cost.
2. Coming in second is vinyl sliding replacement recouping 70% of the cost of $10,197.
3. And coming in last is fiber-cement siding replacement recouping 68% of its $13,230.
Take notice that the top remodel projects are all dealing with the exterior of the home.
The 4th came in with a kitchen upgrade costing roughly $18,732 and recouping 66% of the cost.
Care to know what the least cost-effective upgrade was? It just so happens that the installation of a back-up power generator costs roughly $13,729 and recoups only 33% of that cost. Also, coming in towards the bottom was a sunroom addition. GO FIGURE that a lame addition such as that would not bring in the $, ha ha.