A scant two to three years ago, it was well worth the expense at completing rehab projects, but as house values have shrunk, so have the returns on remodeling jobs when it comes time to sell. This table outlines which projects bring the best return.
Project | Percent of Cost Recouped | Percentage Drop Since 2005 |
Replace Siding | 80.7% | -15% |
Minor Kitchen Remodel | 79.5% | -19% |
Window Replacement | 77.7% | -12% |
Major Kitchen Remodel | 76.0% | -9% |
Bathroom Remodel | 74.6% | -28% |
Deck Addition | 73.7% | -17% |
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