Less is generally never more when it comes to real estate, but homeowners do get a bigger bang for their buck when it comes to pre-sale improvements.
The recent 2015 Remodeling Cost vs. Value Report showed that it was small remodels and upgrades that had the biggest return on investment. The top projects included replacing front doors (specifically steel), stone veneer, and siding – all of which recouped more than 100 percent of the costs.
Other projects that paid off well regionally included window replacements (94.9 percent return on investment), wood deck additions (98.1 percent), basement remodels (92.7 percent) and minor kitchen remodels (83.2 percent).
The report is produced annually by Remodeling Magazine in cooperation with the National Association of Realtors and the Realtor Magazine.
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