It’s in, the 2015 Cost Vs Value report for home remodelers. Where should you put your renovation dollars if you are seeking more immediate returns on your investment? This report will give you a good idea, and it is broken down by regions around the country. Jacksonville, Florida is one the regions that is broken out here.
According to the Remodeling 2015 Cost vs. Value Report for data provided for the Jacksonville, Florida area, the remodeling projects are broken down into two categories. The three ‘Midrange’ project types that provide the most costs recouped are: Entry door replacement (steel); Garage door replacement; and Stone Veneer accenting. 96 to 100%+ of costs recouped for seemingly ‘little’ projects such as those. For those projects labeled ‘Upscale,’ the three projects that provide the highest return are: Siding replacement (fiber-cement); Window replacement (wood); and again in the top, for those homes that need more than your ‘basic’ doors, Garage door replacement. 75 – 86% of costs recouped for the ‘larger’ remodel projects. This is not to say that enclosing that sunroom, or updating your owner’s bath will not benefit you when it is time to list your home or investment – merely that not all remodeling is equal and when on a limited budget, there are usually some things that will give you a greater return than others when the papers are signed. © 2015 Hanley Wood, LLC. Complete data from the Remodeling 2015 Cost vs. Value Report can be downloaded free at www.costvsvalue.com.
So if you are thinking of selling your home this year; take a look at this report, but also give us a call. We do provide as part of our listing services, an assessment of where the ‘biggest bang for your buck” is spent for more immediate returns, if your plans are to sell this year. Give us a call: 904-229-7825