|
Type
Of Improvement
|
Recovery
in Percent
|
Comments
|
|
Kitchen
Remodeling
|
80
to 100
|
This
is the most profitable job you can undertake, if it is not extravagant.
Be careful not to overspend here. Eight percent of the homes'
value is a recommended cap.
|
|
Bath
Remodeling
|
50
to 75
|
A
remodeled bath both beautifies and updates a home, increasing its
value. Don't invest too much in a small bath. Neutral colors are
best. |
|
Adding
A Two-Car Garage
|
33
to 80
|
The
wide diversity for recovery is due to different size homes. A
small home will recoup less return with a major addition like
this.
|
|
Add
A Fireplace
|
80
to 100
|
Popular
zero clearence and gas types are the least expensive. Keeps down
the expensive masonary work.
|
|
Additonal
Insulation & Weather Stripping
|
0
to 33
|
Recovery
depends on the area. Usually prospective buyers in Central New
York expect a home to be well insulated.
|
|
Room
Addition
|
50
to 80
|
Resale
value depends on how the room is used. First floor living is best.
A third bedroom is also good but ading a fourth bedroom on an
already smaller homes has a lower recovery.
|
|
Finish
Basement
|
30
to 75
|
A
walkout finished basement will bring you the highest recover here.
|
|
New
Deck
|
30
to 50
|
Don't
over improve here. A good basic deck has the best recovery.
|
|
Sauna
Or Pool
|
0
to 30
|
Be
careful not to over improve and plan the improvement carefully.
Don', for example, take the entire back yard.
|
