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Are you thinking of doing some home improvements? If so, you should always consider resale value of your home, even if you are not going to sell anytime soon. The 2013 Cost vs. Value Report, which is a collaboration between Remodeling magazine and REALTOR Magazine says that there are some home improvement projects that top the list in regards to Return on Investment.

Here are just a few remodeling projects to get the most bang for your dollar:

Add a Deck or Patio

No matter where you live, buyers are looking for outdoor living space. Add a deck or porch to your home and recoup 77% of your investment on a new wood deck. If you already have outdoor space, consider making it larger, no deck is big enough! Or consider enhancing it with an outdoor fireplace or new landscaping.

Add Living Space

Depending on your budget and your goals adding living space to your home is almost always worth it. Adding a home addition with extra bedrooms and bathrooms; finishing a basement or attic or an expanded casual living space can very quickly increase the value of your home. You can get back 73% of your investment in an additional bedroom.

Replace Your Front Door

You may not notice your front door anymore, but a new door makes a great impression on buyers and yields an 86% percent return on your investment.

For more information on completing your home renovation project, contact Manzola Carpentry in Milford.


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