10 most valuable home improvements
The best projects for 2014
We have some good news if a remodeling project is in your future: For the second consecutive year, the amount of money you're likely to recoup on home improvements is on the rise.
That doesn’t mean that you’ll boost your property's resale price by as much as those projects cost. The average return on home improvements is just 66.1%, but that’s up from 2013’s 60.6%.
This significant jump — the largest increase since 2005, when the average return rose to 86.7% from 80.5% — is credited to the rebounding real estate market more than decreasing construction costs, although both impact the return on renovations.
To determine which home improvement projects provide the best return, we consulted the Remodeling 2014 Cost vs. Value Report (www.costvalue.com).
We used that data to create our list of the best projects, based strictly on the percentage of the cost recouped at resale.
Before you decide whether to put your home equity to use, have a look at the 10 most valuable home improvements.
By Darci Swisher
Interest.com Contributing Editor