You can see the top four home improvements below that give you the best return for your dollar. Even though kitchen remodeling came in fourth place, my experience has been that what truly sells a home these days, is a warm and inviting and –most importantly an open kitchen. I have experienced the draw of the kitchen, both with my friends, when we all stand around our kitchen island, and I recently saw it when my teenage daughter had a party. I came downstairs to find 15-20 kids all crowded into our kitchen area happily chatting away. Besides, how much more fun is a great kitchen than a new front door. As my younger daughter says – really mom?
#1: Tough-as-Nails Siding Replacement
National average cost, replace 1,250 sq. ft. of existing siding with fiber-cement siding, including all trim: $13,461 Value at resale: $10,493 Percent of investment recouped: 78%*
#2: A Low-Cost Entry Door
National average cost, replace an existing entry door with a 36-inch-wide, half-glass, 20-gauge steel door, including new jambs and trim: $1,238* Value at resale: $903 Percent of investment recouped: 73%
#3: A Bedroom with High Aspirations
National average cost, convert a 15-by-15-ft. attic to a bedroom plus bath: $50,148 Value at resale: $36,346* Percent of investment recouped: 72.5%
#4: Energize Your Tired Kitchen
National average cost, minor kitchen remodel: $19,588* Value at resale: $14,120 Percent of investment recouped: 72.1%