Southern CA Home Renovations With The Best Return

Southern CA homeowners should calculate the actual change in the value of their real estate versus the expense of particular changes before performing any updates. Some upgrades are more profitable than others. The following are statistics on Southern CA home renovations with the best return.

Southern CA Home Renovations With The Best Return

Home owners typically anticipate to redeem the full amount of money spent on repairs upon the sale of their property. This is a common feeling, but unfortunately it is not what actually occurs. Different property repairs provide different returns, and that value may differ depending on geographic areas. To give you a general understanding on home renovations with the best return, below are some nationwide trends.

Averages

These figures are from the Remodeling Magazine Report.

Renovation Amount Spent Value Change Cost Recovered
Basement Room Addition $63,378 $42,338 66.8 %
Garage Door Update $1,512 $1,087 71.9 %
Bathroom Addition $40,096 $20,455 51 %
Family Room Addition $83,118 $50,004 60.2 %
Master Suite Addition $106,196 $62,874 59.2 %

Assessing Home Renovations With The Best Return

Another factor affecting the value of projects is the quality and scale. Kitchen updates, for instance, can be completed using different quality products resulting in a different ending figure. So, not only should you think about the type of repair but also the brands and quality of materials. For a detailed list of property updates and up to dateSouthern CA home renovations with the best return, visit http://www.remodeling.hw.net/cost-vs-value/2016/.