These values come from the 2015 Cost vs. Value Report published by Remodeling magazine and show statistics for the Pacific states.
Home Improvements That Pay Off for You
These statistics are helpful in determining which home improvements will pay off at resale, but real estate is local and each home is unique. Remodeling magazine has also published San Diego area statistics for 2015 that will show you the local data. Please let me know if you’d like me to send them to you.
The cost-value ratio from a home improvement project will depend on many factors including the strength of your real estate market, the condition of the rest of your home, the amount of money you spend remodeling, the homes around you, and many other factors. To find out what your numbers are, you need to speak with an experienced REALTOR® about home values in your neighborhood and what improvements buyers are willing to pay for. If you’d like to receive the San Diego area statistics or get an idea of how much your home improvements will recoup, please contact me.