In recent years the amount of money spent fixing up a home, by homeowners wanting to sell, has been insane.
Value Of Remodeling Project
| PROJECT | 2020 | 2019 |
| Add Bathroom (midrange) | 77.8% | 66.0% |
| Add Bathroom (upscale) | 65.9% | 65.5% |
| Bath Remodel (midrange) | 69.5% | 74.5% |
| Bath Remodel (upscale) | 52.9% | 65.5% |
| Minor Kitchen Remodel (midrange) | 100.5% | 90.4% |
| Major Kitchen Remodel (midrange) | 72.5% | 73.4% |
| Major Kitchen Remodel (upscale) | 59.6% | 63.3% |
| Deck Addition (wood) | 69.7% | 65.1% |
| Grand Entrance (fiberglass) | 50.6% | 80.8% |
| Garage Door Replacement | 166.1% | 93.2% |
| Window Replacement (wood) | 78.8% | 81.6% |
| Manufactured Stone Veneer | 199.4% | 131.4% |
| Roof Replacement (asphalt shingles) | 67.5% | 76.3% |
As shown in the table above, a midrange bathroom remodel returned 69.5% of the cost. If you spent $10,000 remodeling your bathrooms you would have got back about $7,000, and essentially given $3,000 to your real estate agent to promote himself.
If you would like to watch the recorded webinar please see the webinar-net-more-when-selling and please use a real estate agent who wants you to receive more when selling your home.
