Morning Minute: Thinking of remodeling? Some projects have bigger payback returns

If you want to get more out of your remodeling dollars, think curb appeal. Spending money on lower-cost projects that boost your home’s exterior appearance and, in turn curb appeal, can mean more money in your pocket at resale time, according to the Cost vs. Value Report, released by Remodeling Magazine, in cooperation with REALTOR® Magazine.

For example, the report finds that updating your home’s siding with fiber-cement panels, replacing the garage door and installing insulated, vinyl windows can yield the biggest returns. On the other hand, flashier upgrades such as gourmet kitchens and luxury master suites can recoup less.

Read more about the report, including an audio extra in the Wall Street Journal article, “After the Remodel, It’s Payback Time.”

More headlines:

Builders step up campaign against mandatory sprinklers – Quad-City Times

Staging, cleaning get home ready for quick sale – Quad-City Times

Struggling homeowners have option – Decatur Herald and Review

This entry was posted in Housing Market, Uncategorized by Stephanie Sievers. Bookmark the permalink.

About Stephanie Sievers

Stephanie Sievers is Senior Editor for the Illinois Association of REALTORS®. She serves as Senior Editor for IAR publications including the Illinois REALTOR® magazine and all other IAR publications. She is responsible for developing content for the Illinois REALTOR® Weekly Connection e-newsletter, coordinates the IAR Twitter account content at ILREALTOR and plans and develops content for videos. She assists in developing and writing content for the IAR blog. She also is involved in researching and drafting news releases and coordinates the news media distribution database and newsclips reports for the Association. She also assists in IAR spokesperson training seminars and is involved in development of association briefing materials on issues. She assists with the housing statistics program and reports.

One thought on “Morning Minute: Thinking of remodeling? Some projects have bigger payback returns

  1. I think it’s really a personal preference. It all depends what works best for your home and your budget. If you can afford to do a bigger remodel, go for it. But, if a couple smaller remodels make sense, do that.

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