Cost vs Value Remodeling Ideas

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David Lupberger reviews the top 5 cost vs value remodeling ideas from Remodeling Magazine's National Cost vs. Value report. Watch the video and learn which are the best cost value remodeling projects today. (Check Remodeling Magazine for regional, state and city data.)

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Video Transcript for "Cost vs Value Remodeling Ideas"

Lupberger on cost vs value remodeling ideas: Hi, I'm David Lupberger with ServiceMagic.com. Now, more than ever, homeowners are looking to get the biggest bang for their buck out of their home improvement projects. But there's always a lot of confusion about how much money they should put into a project - and how much value it will actually add to their house. Today, we'll look at the 5 projects that Remodeler Magazine says give back the most on your investment.

Lupberger on cost value remodeling: In the not-so-distant past, some home improvement projects - when done right - might've actually added to the cost of a house when it came time to sell it. Now, experts say, that's the exception rather than the rule. And while the best projects may no longer bring back all of their costs - they sure make the house easier to sell, and let you enjoy the completed projects in the meantime.

Now, as any real estate agent will tell you, the bathroom is one of the most important rooms of the house. It's clearly important to the sale of the house and that's why it's important enough to come in at number 5.

#5 Most Rewarding Cost vs Value Remodeling Project: Bathroom Remodel
Bill Kosena/Remax: You'll see jetted tubs, upgraded cabinets and countertops, tile backsplash---that type of thing is very important---upgraded lighting package---just to have them feel good about the home that they're in.

Lupberger's cost value remodeling ideas: Cleaning your windows doesn't help much if they're old and detract from the looks of your house. Getting them replaced will do wonders for your house's appearance...and it offers a pretty good return on your investment, too.

#4 Most Rewarding Cost versus Value Remodeling Project: Replacing Old Windows
Lupberger's cost value remodeling ideas: Replacing ten old windows on your house will give back much of your investment if you choose vinyl...wood replacement windows brings a little more than vinyl. Now, on to the real focal point of the house - the kitchen. Realtors say of all the rooms, the kitchen is most-known for its ability to make or break a sale.

Bill Kosena/Remax: A lot of people will put in the cabinets that are base-grade. On resale, that's the kiss of death. People don't want the base-grade cabinets. They want the upgraded cabinets. Today, even in price ranges as low as $250,000, they want the granite countertops, they want the 42-inch cabinets - the upgraded cabinets, upgraded appliances. They just are spending the money for those kinds of features and that's what they want.

#3 Most Rewarding Cost vs Value Remodeling Project: Minor Kitchen Remodel
Lupberger's cost value home remodeling ideas: Remodeler Magazine says a minor kitchen remodel is the third most valuable project you can do for your home this year. But mostly, having an updated kitchen might make your house easier to sell when you put it on the market...and you get to enjoy it in the meantime.

#2 Most Rewarding Cost vs Value Remodeling Project: Replacing Siding
Lupberger's cost value remodeling ideas: Whether you want to change your house's outside appearance or just freshen it up...new vinyl siding is a great way to do it. Siding replacement barely edges out kitchen remodeling for the number two spot on this year's list. When it comes to the number one project Remodeler Magazine says can give you the most back for your money - this year's best is a new wooden deck.

Bill Kosena/Remax: If you're going to have friends over to barbecue or just enjoy it on your own. It's a wonderful place that inexpensively adds a lot of square footage to the home.

#1 Most Rewarding Cost vs Value Remodeling Project: Adding a Wooden Deck
Lupberger's cost value remodeling ideas: Building a new deck will not only bring hours of outdoor enjoyment, but you'll also recoup much of the cost upon the sale of your home - making it this year's most valuable project for your home.

Lupberger conclusion: That is - when it comes to money. Building a new deck, remodeling your kitchen, or any other home improvement project should not only be thought of as an investment, but you should also think of them as a way to increase your pride and enjoyment of your castle. And when it comes to finding a trusted, prescreened professional to do the work, look no farther than ServiceMagic.com - Home Improvement. Hassle Free.