Remodeling Return On Investment

According to the California Association of Realtors®, based on data from HouseLogic, the five remodeling projects that will reward you the most when it comes time to sell are:

1.       New Roof

Cost: $7,500 | Return On Investment: 109% (returning $8,150)

2.       Hardwood Floors

Refinishing: Cost $2,500 | Return On Investment: 100% (returning $2,500)

New floors: Cost $5,500 | Return On Investment: 91% (returning $5,000)

3.       New Garage Door

Cost: $2,300 (for a two-door) | Return On Investment: 87% (returning $2,000)

4.       Better Insulation

Cost: $2,100 | Return On Investment: 76% (returning $1,600) plus the added savings on heating and cooling costs)

5.       New Siding

Cost: $13,350 | Return On Investment: 75% (returning $10,000)