With the spring real estate market getting closer sellers are getting their homes ready to be put on the market. I have sellers asking me if I remodel a bathroom, install new windows or a roof…How much will I get back on my investment once I sell?
Last month there was a great article in Realtor magazine that I have been sharing with sellers on Cost vs Value. Exterior projects dominated the list. It is all about curb appeal!
1. Entry Door Replacement (steel)
Job Cost: $1,137
Resale Value: $974
Cost Recouped: 85.6 percent
2. Deck Addition (wood)
Job Cost: $9,327
Resale Value: $7,213
Cost Recouped: 77.3 percent
3. Garage Door Replacement
Job Cost: $1,496
Resale Value: $1,132
Cost Recouped: 75.7 percent
4. Minor Kitchen Remodel
Job Cost: $18,527
Resale Value: $13,977
Cost Recouped: 75.4 percent
5. Window Replacement (wood)
Job Cost: $10,708
Resale Value: $7,852
Cost Recouped: 73.3 percent
Click here for the full article on Cost vs. Value projects.
Have questions about Real Estate?
Contact me at 314-336-1962 or www.MichelleGegg.cbp1.com
Michelle Gegg Realtor Associate for Coldwell Banker Premier Group.
Follow me every Thursday on Patch to see what homes sold each week.