Have you been thinking about painting you house or remodeling in some way this spring? If so here are a few facts you should know.
According to the 2008-09 Remodeling Cost vs. Value Report, which was produced by Remodeling magazine in cooperation with Realtor magazine, exterior improvements, including wood deck additions as well as all types of siding replacements return more than 80% of the project costs at resale.
Window replacements return more than 76% of cost at resale. A major midrange kitchen remodel returns 76% and a minor midrange kitchen remodel returns almost 80%. A midrange bathroom remodel will recoup approximately 75% at resale.
The least profitable? Glad you asked. They are home offices and sunroom additions.
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