Home Remodeling Cost vs. Value

The cost associated with doing home projects increases every year, and the recouped costs are very different depending on the project you are doing, especially, when you do those projects with the intention to sell your home.

According to Remodeling Magazine’s annual Cost vs. Value report, the price you pay for those remodeling jobs will not be recouped entirely when you sell your home. According to Remodeling Magazine’s data, a midrange bathroom addition will cost you between  $45,980  and  $44,717, and you will recoup about 52.7% of the cost when you sell your home.  A garage door replacement, on the other hand, will cost you about $3,497  to $3,470, and you will probably recoup 96.6% to  98.3% of the cost.  Here are four different projects, their costs, and their recouped cost for you to see.

Every home is different and it needs different projects to spruce it up to make it more sellable or to enjoy with your family. If your intention is to sell your home and get as much value as you can from the sale, consider the projects that will make the home look better-an entry door for example-without spending too much money with the project.

There are many projects that will make the home look better to sell or for purely aesthetic reasons, but keep in mind a wet, moldy or unkept basement will not help you sell the home no matter how pretty the new bathroom is.

Basement waterproofing is not something we have to do every year.  Basement waterproofing is an investment we need to do to keep the value of the home increasing.

If you need to waterproof the basement before selling the home, or to remodel the basement to enjoy, remember we do not need to do it every year and we do not need to wait till the spring and summer months to do it.  Waterproofing the basement in the winter is something that can be done as easily as during the summer months.

If you need to contact us, do not hesitate to do so, we’ll be happy to come and offer you a hassle free consultation to waterproof the basement of your home.