By Judy Martel · Bankrate.com
Bathrooms and kitchens are the most popular remodeling projects, according to the National Association of Home Builders, but they’re not where you’ll get the most value when you sell your home. It’s all about curb appeal
When it comes to cost versus value, a survey of members of the National Association of Realtors finds that less-expensive fixes without the “wow factor” often recoup the most at resale.
The top home improvement for resale is a new entryway door of steel, followed by deck additions, new siding and new garage doors.
Cost versus value
According to the survey, remodeling a bathroom costs an average of $51,374, with 63.6 percent of that being recouped at resale. A major kitchen overhaul costs an average of $109,935 and delivers the same percentage in resale value as a bathroom.
Steel entrance doors, however, cost about $1,162 and deliver 96.6 percent of that when you sell your home. A wood deck addition costs an average of $9,539 and recovers 87.4 percent of that on resale. For siding (fiber-cement) the cost is $13,378, with 87 percent recouped. A garage door costing $2,791 will deliver 82.9 percent.
