Renovating to increase your property value? Here’s what you need to know.  The tally is in and we’ve go the latest in PROVEN luxury renovations (and how much they net) headed into 2019!

 

4.  Window Replacement.

Avg. Cost 

Avg. Added Value $13,468

The definition of window replacement that actually adds value is a minimum of 10 windows replaced using  “double-hung windows with insulated, low-E, simulated-divided-light wood windows. Interior finish of stained hardwood; exterior finish of custom-color aluminum cladding with Trim exterior to match existing and  do not disturb existing interior trim” …. that’s a mouthful! But with an estimated increase $13,468 USD, on average, a few windows certainly can go a long way. Check out this transformation below.

 

 

 

 

3. Bathroom Remodel

Avg. Cost $64,000

Avg. Added Value $38,952

Expand existing 35-square-foot bathroom to 100 sf within existing house footprint.  Want the full list of how to remodel your luxury bathroom properly. See Our Luxury Bathroom Guide Here.

 

 

2. Bathroom Addition.

Avg. Cost $83,000

 Additional Value $51,000

Add new 100-square-foot master bath to existing master bedroom over crawlspace

 

1. Master Suite Addition.

Avg. Cost $131,000

Avg. Added Value $77,895

 

Add 24×16-foot master bedroom suite over crawlspace. Include walk-in closet/dressing area, freestanding soaker tub, separate 3×4- foot ceramic tile shower, and double-bowl vanity with solid-surface countertop. Carpet the bedroom floor; put tile in bath. Paint walls, ceiling, and trim. Install general and spot lighting, exhaust fan.