Cost Analysis

While a recession may not be the best time to sell your home, it might just be the best time for remodeling projects. Not only are mortgage rates at record lows, but tax credits for energy saving remodels abound. The tricky part is figuring out which remodeling projects are going to give you the greatest return on your investment.

Remodeling Cost vs. Value Report

The annual Cost vs. Value Report from Remodeling Magazine is a general guide to specific project costs and the amount those projects should add to a home price, if the house is sold a year later. If sold more than a year later, a greater percentage of the remodeling cost should be recouped.

View the 2010-2011 Report for South Atlantic

Top Ten Remodeling Projects Showing National Averages

Click the link to show the basis for costs of each project.

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  Midrange Entry Door Replacement (steel), 135.5% cost recouped

• Midrange Garage Door Replacement, 91.6% cost recouped
• Upscale fiber cement siding, 85.4% cost recouped
• Midrange Basement Remodel, 79.4% cost recouped
• Upscale vinyl window replacement, 77.9% cost recouped
• Midrange Deck Addition (wood), 77.3% cost recouped
• Upscale foam-backed vinyl, 76.0% cost recouped
• Midrange Attic Bedroom, 74.4% cost recouped
• Midrange Minor Kitchen Remodel, 74.0% cost recouped
• Midrange Major Kitchen Remodel, 70.4% cost recouped