One of the biggest incentives for doing a home improvement project is the potential to recoup the costs of the project in terms of the value it adds to your home. For example, you’ll spend x amount to finish your basement, but a finished basement also adds “y” amount to your home’s value. While you won’t recoup the entire cost of a home improvement project, the value that a project adds to your home effectively decreases the cost of the project in the long run by adding these costs back into the value of your home.
With this in mind, many homeowners are looking to undergo home improvement projects that give them the most return on their investment. Interest.com recently released its top 10 home improvement projects in terms of the percentage of the cost one could expect to recoup at resale, using data from 2013. According to their findings, homeowners can expect to recoup the most from the following projects.
| Project | Cost | Value Added to Home | Percent Recouped |
| Replace entry door | $1,137.00 | $974.00 | 85.60% |
| Siding replacement (using fiber-cement) | $13,083.00 | $10,379.00 | 79.30% |
| Wooden deck (16×20 ft) | $9,327.00 | $7,213.00 | 77.30% |
| Replace garage door | $1,496.00 | $1,132.00 | 75.70% |
| Minor kitchen remodel (replace cabinet fronts, counter tops, appliances) | $18,527.00 | $13,977.00 | 75.40% |
| Replace windows | $10,708.00 | $7,582.00 | 73.30% |
| Renovate attic into bedroom | $47,941.00 | $34,916.00 | 72.90% |
| Finish basement | $61,303.00 | $43,095.00 | 70.30% |
| Add a two-story addition | $152,470.00 | $99,674.00 | 65.40% |
| Midrange bathroom remodel (replace fixtures and counter tops) | $15,782.00 | $10,295.00 | 65.20% |
About C.C. Dietz
C.C. Dietz has been building and remodeling homes in York, Pennsylvania and the surrounding areas for almost 100 years. As a family owned business, we give your project the time and attention it deserves. Whether it’s a small remodeling project or building a custom home, we give all of our clients the customer service and build quality that can only come from a family owned business with many years of experience in the remodeling and home building industry.
We specialize in kitchen and bathroom remodeling, basement finishing, additions, as well as building custom homes from the ground up. We offer free consultations in order to discuss the scope, time frame, and estimate for your project. If you’re ready to remodel in York, Lancaster, and Harrisburg Pennsylvania, C.C. Dietz is here to help. If you wish to schedule a free consultation, please contact C.C. Dietz by calling 717.755.1921 or visit our website! Also, be sure to follow us on Facebook, Twitter, Google+, and LinkedIn.
Tags: home improvement, home value, recoup costs, recoup investment