Which remodeling projects will pay the greatest return when a home is sold? Remodeling Magazine asked real estate professionals, and here are their estimates for Florida and the southeastern United States. For the return on investment in eight specific Florida cities, go to www.remodeling.hw.net/cost-vs-value/2016/south-atlantic.
ATTIC INSULATION (fiberglass)
Job Cost: $1,268
Resale Value: $1,482
116.9%
MASTER SUITE ADDITION
Job Cost: $115,810
Resale Value: $74,224
64.1%
MANUFACTURED STONE VENEER
Job Cost: $7,519
Resale Value: $6,988
92.9%
ENTRY DOOR REPLACEMENT (fiberglass)
Job Cost: $3,126
Resale Value: $2,574
82.3%
ENTRY DOOR REPLACEMENT (steel)
Job Cost: $1,335
Resale Value: $1,217
91.1%
TWO-STORY ADDITION
Job Cost: $171,056
Resale Value: $118,555
69.3%
DECK ADDITION (wood)
Job Cost: $10,471
Resale Value: $7,850
75.0%
DECK ADDITION (composite)
Job Cost: $16,798
Resale Value: $10,819
56.2%
FAMILY ROOM ADDITION
Job Cost: $86,615
Resale Value: $58,807
67.9%
BASEMENT REMODEL
Job Cost: $68,490
Resale Value: $48,194
70.4%
MAJOR KITCHEN REMODEL
Job Cost: $59,999
Resale Value: $38,938
64.9%
MINOR KITCHEN REMODEL
Job Cost: $20,122
Resale Value: $16,716
83.1%
SIDING REPLACEMENT (engineered)
Job Cost: $13,832
Resale Value: $10,866
78.6%
SIDING REPLACEMENT (vinyl)
Job Cost: $12,341
Resale Value: $9,032
73.2%
GARAGE DOOR REPLACEMENT
Job Cost: $1,652
Resale Value: $1,512
91.5%
BACKUP GENERATOR
Job Cost: $12,712
Resale Value: $7,556
59.4%
BATHROOM ADDITION
Job Cost: $42,223
Resale Value: $23,727
56.2%
BATHROOM REMODEL
Job Cost: $17,908
Resale Value: $11,769
65.7%
ROOFING REPLACEMENT
Job Cost: $20,142
Resale Value: $14,446
71.7%