Remodeling: What Gets the Best Bang for Your Buck?
By Tiny Varner, Christine "Tiny" Varner
(Atlantic Wave Services)
Thinking of remodeling or upgrading before you sell but you’re not sure where to start? You’re in luck. The results are in for Remodeling Magazine’s annual Cost vs. Value report, which is produced in cooperation with Realtor® magazine. This year’s big winners are decks, kitchens & baths (big surprise), and vinyl siding. If you add a wooden deck, you’ll recoup 81.8% of the cost when you resell, and a composite deck will get you 73.7%. Kitchens and baths are perennial winners. The 2008 average for a minor kitchen upgrade was $21,246, with $16,881 recouped at resale, or 79.5%. Not too shabby. And ditching that pink and black tile in the bathroom will return 74.6%. Vinyl siding replacement was another big winner in the report. The average cost in ’08 for the job was $10,256. You’ll recoup 8...