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Costs vs. Returns in North Dakota and Minnesota

Submitted by SterlingBrown on Thu, 04/25/2019 - 15:47

Improving and remodeling your home and the cost versus return on some important efforts

For the home buying public a comfortable home is number one on most people’s lists. Everyone’s definition of what that means, however, differs considerably but one common thread is a question, if I do X, Y or Z will I recover any of my costs when I sell?

Each year remodeling magazine comes up with a list of return on investment for the top home improvements nationwide. For 2019, the list for the north-west-central section of the United States includes the 22 most popular remodeling efforts. Your mileage may vary but it pays to remember that improvements aren’t improvements unless they increase your pleasure while you’re living in the house and are actually appropriate for your particular style of home.

Replacing a garage door ranks as number one with a 97.5% return on investment. The assumption here would have to be that the door actually needs to be replaced.

If you apply manufactured stone veneer to your home you can expect to return 94.9% of the initial cost. This makes it number two among the choices of things you might consider doing to your present home.

A minor remodel on your kitchen can yield 80.5% return and make preparation of meals much more pleasurable.

Replacing the siding on your home or adding a new deck is expected to yield a 75.6% return on your investment while replacing the entry door with a steel door will give you 74.9% return.

New windows, vinyl, are going to give you a 73.4% return and also should help reduce your energy loss and cost.

If you opt to go for fiberglass replacement front door rather than the steel mentioned above you might expect a 71.9% return and make a little tough for the Joneses to keep up with you.

Wooden window replacements, often an aesthetically pleasing improvement over vinyl, return 70.8%.

Deciding to use composite materials for that deck addition will yield you quite as much as doing it with wood in terms of return, only 69.1%, but can reduce maintenance costs and lengthen expected lifetime.

Number 10 on the list is a moderate bathroom remodel still yielding is 67.2% return and make reading your magazines all the more pleasurable.

For the complete list of cost versus return visit;

You also find the option to check if there are better places to live around the country when it comes to home improvements.

Submitted by SterlingBrown on Thu, 04/25/2019 - 15:47