Wednesday, January 24, 2018

Cost vs. Value Report


Every year Remodeling Magazine produces their Cost vs. Value Report*: http://www.remodeling.hw.net/cost-vs-value/2018/

This is a valuable tool in every homeowners toolbelt when trying to determine the recaptured costs of updating and/or remodeling their home for resale value.

Topping the list in the midrange homes is Insulation.  This is often an area that is totally overlooked, mainly because it is not a cosmetic upgrade that can be immediately seen.  However, the cost to add insulation, ventilation, radiant barrier, etc. is minimal.  You not only see the savings in utility bills every month, but you typically can recoup the majority if the cost in resale!

We recently added 4 inches of fiberglass blown in insulation in the attic, added two solar powered attic fans (which we will be able to use for a tax rebate), added an insulated attic door cover, and had radiant barrier sprayed on the underside of our roof deck.  The total cost was very reasonable, and the work came with a Lifetime Transferrable Warranty!  We used Attic Innovations, whom I would highly recommend:  http://www.atticinnovations.com/

Many other projects, such as bathroom & kitchen remodels are always high on the list.  But a couple other low-cost items (relatively speaking) that many homeowners fail to recognize as cost vs. value items are Front Doors and Garage Doors.  Replacing your front door with a high-end fiberglass or steel door adds a dramatic affect to the curb appeal, as well as a high-end wood looking Garage Door!


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* The information is copyrighted, so download your own copy of this invaluable report at: http://www.remodeling.hw.net/cost-vs-value/2018/

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