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Sellers' Resources - Preparing to Sell

 

Remodeling That Pays


Does Moving Up Make Sense?  |  Understanding Agent Relationships  |  What Is Appraised Value? Tips for Holding a Yard Sale  |  5 Things to Do Before You Sell  |  20 Low-Cost Ways to Spruce Up Your Home Remodeling That Pays  |  12 Tips for Hiring a Remodeling Contractor

Upgrading your home is always appealing, but which enhancements really get you a good return for your money when it's time to sell? The 2003 Cost vs. Value Report by Remodeling magazine and REALTOR® Magazine has the answer.

To see the complete article, visit http://www.realtor.org/rmomag.NSF/pages/costvaluedec03.


2003 2002 Variance
Bathroom Remodel
Midrange 89.3% 87.5% 1.8%
Upscale 92.6 91.0 1.6
Bathroom Addition
Midrange 95.0 94.2 0.08
Upscale 84.3 81.4 2.9
Major Kitchen Remodel
Midrange 74.9 66.6 8.3
Upscale 79.6 79.8 -0.2
Master Suite
Midrange 76.4 75.1 1.3
Upscale 76.9 76.8 0.1
Family Room
Midrange 80.6 79.5 1.1
Deck
Midrange 104.2 N/A* N/A*
Basement Remodel
Midrange 79.3 78.7 0.6
Siding Replacement
Midrange 98.1 79.1 19.0
Window Replacement
Midrange 84.8 73.8 11
Upscale 87.0 77.0 10
Attic Bedroom
Midrange 92.8 N/A* N/A*



Does Moving Up Make Sense?  |  Understanding Agent Relationships  |  What Is Appraised Value? Tips for Holding a Yard Sale  |  5 Things to Do Before You Sell  |  20 Low-Cost Ways to Spruce Up Your Home Remodeling That Pays  |  12 Tips for Hiring a Remodeling Contractor
Content from REALTOR® Magazine Online with permission of the
NATIONAL ASSOCIATION OF REALTORS® Copyright 2005.
All rights reserved. www.REALTOR.org/realtormag
   
 
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