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4 Home Improvements with the Best Return

4 Home Improvements with the Best Return

March 30, 2015 By Crescent City Living

In a 2015 cost vs value report of home improvements in the central-southern region of the U.S., Remodeling prepared a list of major and minor improvements and how much a home seller can expect to recoup on the cost of those improvements.

4 Home Improvements with the best return

Entry Door Replacement (Steel)
At an average cost of $1,141, a homeowner can expect to recoup 98.1% of the cost.

Garage Door Replacement
The average cost is $1,490 and a seller can expect to recoup 86% of the cost.

Roof Replacement
The average cost is $17,657 and owners recoup an average of 82% of the cost.

Siding Replacement (fiber-cement)
AKA Hardi Board, the average replacement cost is $12,448, while the recouped costs are 80.8%.

Home Improvements with the Lowest Return

Just because an improvement may not provide you with a big return on your cost, it doesn’t mean that you shouldn’t make the changes to your home that allow you to live there comfortably. Remember, though, when it comes time to sell that the following changes won’t drastically improve your home’s value.

  • Home office remodel (54.8%)
  • Sunroom addition (46.6%)
  • Garage addition (55.4%)
Need some advice on preparing your New Orleans home for sale? Give us a call at 504-327-5303 and we’ll be happy to help you choose the most productive improvements to make based on your neighborhood.

Filed Under: Home Owners Tagged With: home improvements

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