3 Most Cost Effective home improvements!

December 10, 2007 by Gordon Corsie · 2 Comments 

Recently, Remodeling Magazine published its annual list of Cost Vs Value for home improvements. Some of the findings were very surprising, did you know for example that a new roof for your Livermore home will only bring you a 79% return upon sale, or that adding a master suite to your Pleasanton home will bring 77.3% when you sell. The survey covered the entire country but for this report we are looking at California and the SanFrancisco Bay Area.

Here are the 3 most cost effective home improvements you can make to your Livermore home.

  • 1. Deck addition. The assumption was that the deck was a 16 by 20 foot deck using pressure treated joists supported by 4 by 4 posts anchored to concrete piers. It included railings and balusters. Typical price was found to be $13,509 giving a resale value of $17,665 a return of $130.8%!

  • 2. Window Replacement. Average cost in San Francisco for window replacement (10 windows) 3 x 5 double hung wood exterior clad in vinyl was $14,102 with a recoup on sale of the house at $15,877 a potential return of 112.6%

  • 3.Minor kitchen remodel. Key here is the word minor in this case less than $25,000 spent. A typical minor remodel may include items like cabinet refacing with new hardware, new oven, replacing laminate counters and installing mid priced sink and faucet. An average cost of doing this was $23,865 with a resale value of $27,099 a return of 113.6%!

New this year! FREE CITY REPORTS once you register at www.costvsvalue.com. A map on the site shows cost comparisons by region.

Related posts:

  1. What to expect in 2008
  2. Interest Rates Fall

Comments

2 Responses to “3 Most Cost Effective home improvements!”
  1. Brian LeBars says:

    Window replacement is a great idea. It is a simple way to provide energy efficiency and possible tax credits. Many lenders offer (EEM’s) energy efficient mortgages to help finance these projects in addition to the standard Home Equity Line.

  2. Rosina says:

    Found your site in google, and it has a lot of usefull information. Thanx.h

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