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Top 5 Remodels

Posted on : 14-01-2011 | By : Sumina | In : Austin, Education

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What are the top 5 remodels that get you the best return? According to a recent study by Realtor.org here they are. Although the study supposedly does account for regions and areas, number 3 on the list is Basement Remodels… In Austin? …go figure.

Top 5 Remodels

  1. Replacing your entry door with a steel door will yield you 116% remodel
  2. Garage Door replacement
  3. Basement remodel – which I don’t exactly get, since Austin isn’t known for having basements considering that in most parts of the city, digging 4 inches down, you hit limestone.
  4. Attic Bedroom will get you 78% of your investment recouped
  5. Window replacements will get you 76% back. So use those Austin Energy rebates, and

What are the top 5 WORST ways to spend your hard earned dough?

Top 5 WORST remodels

  1. Sunroom Addition – with being able to recoup just barely 50% of your money back
  2. Home Office Remodel – anticipates converting a 12×12 room with built in bookshelves, cabinets, laminate desktop, computer workstation. Also, a rewire for electrical equipment, drywall, paint, trim and carpet.
  3. Backup Power Generator
  4. Bathroom Addition
  5. Roofing Replacement

So of course the question is, when would I tell my clients to do some of the least cost effective remodels? If it’s going to impact the quality of your life. If having a second bathroom will improve your day-to-day life and prevent you from screaming at the kids every morning, then for your sanity and privacy, get a second bathroom installed. Just know that you aren’t going to be getting back what you put into installing it.

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