Remodeling Projects That Pay Back

If you’re remodeling your home, you probably justified the costs by considering the increased resale value of your home. However, not all improvements are created equal. Some remodeling
projects return almost 90% of the original cost, while others return less than 50%. Work your way in The most profitable improvement projects are almost all exterior
projects. Projects such as additional decks, wood window replacements,
and siding replacements all return more than 80% of
the original cost. If you are remodeling for an increased home
value, start with the exterior, and move to interior projects only
after you have completed all of your exterior projects.
Common rooms take priority

In general, the more people use a room, the more likely it is to
hold its value. For instance, a kitchen is used by everyone in the
house, and, as you would expect, minor kitchen remodels return
81% of their original value. On the other hand, a master bedroom
is only used by one or two people, and, therefore, bedroom remodels
typically return less than 60% of their original value.
Novelty upgrades are risky

Less traditional upgrades, such as backup generators, are a dicey
proposition. There is always the chance that when it comes time
to sell, you will find the two buyers who absolutely must have a
backup generator, and promptly incite a bidding war. More likely,
buyers will shrug off the upgrade and refuse to pay extra for it. If
you really want a backup generator or a putting green, go for it,
but don’t expect to recover the value at resale.