Cost vs. Value Remodeling Projects - Lowest Returns
So, we have been talking about which projects will get you the most bang for your buck. Now let’s look at which projects had the lowest return for the money according to the 2007 Remodeling Cost vs. Value Report …
57.0% return - Home office remodel (mid-range)
58.0% return - Back-up power generator (mid-range)
59.1% return - Sunroom addition (mid-range)
64.1% return - Master suite addition (upscale)
64.6% return - Garage addition (upscale)
65.7% return - Roof replacement (upscale)
66.0% return - Bathroom addition (mid-range)
67.4% return - Roof replacement (mid-range)
Have you had any personal experience with these projects? How was the return on your investment? Let us know if you think these figures are accurate and if any of these remodels/additions are worth it.
December 18th, 2007 at 12:46 am
Thanks for the information, I was just about to waste money on work that would not have been well spent. I will checking your blog more often for more useful hints. jimi
December 18th, 2007 at 9:32 am
Thanks Jimi. Glad we could help.
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