Biggest Bang For The Buck Remodeling Projects

Most homeowners consider tackling renovation projects and the big question that haunts them is:What kind of return on investment can I expect?According to the latest Remodeling Magazine report, there are certain home improvements in the Los Angeles metro area that yield better results. Are you dying to know the top projects for adding value and making the investment easier on the wallet? Check out the top 5:1. New steel entry door - recoup 112%2. Garage door replacement - recoup 96%3. Deck addition - recoup approx. 87%4. Siding replacement (fiber cement) - recoup approx. 86%5. Minor kitchen remodel (approx. $23K in value) - recoup 84%As you will notice, most of these improvements relate to curb appeal, which reinforces how important the first impression is in real estate.Kitchens are one of the most valued rooms in a home as well and are a major selling feature so keeping them in good shape is a smart move. This report looked at a minor mid-level kitchen remodel, which is considered to be a functional kitchen of about 200 sq. ft., replacing cabinet doors with raised panel ones and new hardware, updated energy efficient appliances,  replacing laminate counters, new sink & faucet, new flooring, paint, and trim.If you have any questions about remodeling projects you would like to tackle and want to find out if it would be a wise move in terms of value and resale, please feel free to contact us at info@torellirealty.com anytime for a complimentary consultation.