Exterior replacement projects continue to be the most costeffective home improvement projects, according to the 2010-11Remodeling Cost vs. Value Report. This year nine out of the 10 projects that return the most
bang for the buck are improvements to a home’s exterior.
A steel entry door took the top spot with an estimated 102.1 percent of cost recouped upon resale. That was the only project in this year’s report expected to return more than the cost. A new addition to the report – the midrange garage door replacement – is expected to recoup 83.9 percent of its cost. Both projects are relatively small investments, costing around $1,200 each, on average.
The report also found that replacement projects usually outperform remodel and addition projects in resale value due to their inexpensiveness and positive impact on curb appeal.
Indianapolis Real Estate
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