Kates Seattle Real Estate Blog: March 2011

Remodeling: What Pays Off?

Wondering what projects pay off when you plan to sell your home and are considering remodeling?  Recouping Remodeling: What Pays Off?costs varies from state to state and city to city. 

In the Seattle area, you'll get more bang for your buck with mid-range projects versus upscale remodels for your kitchen and baths:

On average, minor and major mid-range kitchen projects net you 75% when selling your home. This includes: replacing cabinet fronts and hardware; matching, new energy efficient appliances; replacing laminate counter tops (granite versus Corian but there are plenty of options); a mid-priced sink and faucet; and flooring.

An upscale kitchen remodel only gives you a 64% return.

A mid-range bath remodel gives you back about 70% and if you choose an upscale approach, you'll get about 64% back.

Remodeling: What Pays Off?When putting your home on the market, your best dollar spent is  a mid-range entry door; it gives you a 108% return in Seattle.  Curb appeal is important and your front door is pretty much the first impression.
The national average is 102%.

Seattle home buyers choose a basement remodel as second place with a 79% return; nationally second place goes to a new garage door.

The garage door is third in Seattle netting you close to 79%.

And although new windows only get you a 70-72% return in Seattle, buyers really look at the windows when considering their purchase.  Vinyl replacement gives you a little higher return over wood.

This information is gathered from the "Remodeling 2010-11 Cost vs. Value Report" (www.costvsvalue.com).

 

_________________________________________________________________

Kate Pedersen

Broker / Realtor ®

206.841.5947

Realty Executives

View Houses For Sale

 



Comment balloon 0 commentsKate Pedersen • March 28 2011 12:03PM
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