‘Sexy’ renovations like gourmet kitchens rarely recoup the construction costs when it comes time to sell the home, a report finds
By SANETTE TANAKA
A home renovation typically comes with clouds of plaster dust and piles of construction debris. Is it all worth it?
Returns: An upscale kitchen remodel typically recoups less than 60% of its cost when it comes time to sell.Yes, if the remodeling project ultimately makes life easier and more beautiful. But maybe not when it comes time to sell.
Bathrooms recoup even less.Lower-cost home-improvement projects that enhance the curb appeal are most likely to see construction costs recouped in a resale, according to research by Remodeling magazine. For example, replacing a home’s siding with fiber-cement panels can earn back 79.3% of the project cost when the house sells. Replacing the garage door recoups 75.2% of the cost, and installing insulated, vinyl windows earns back 71.2%.
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