The Cost vs. Value home remodeling report for 2010-11 is now available. Published by Remodeling magazine, this study lists which home improvement projects in 80 US markets retained their value at resale.
Project types are separated into "Midrange" and "Upscale" and detail the job's cost, resale value, and percentage of cost recouped at the time of resale.
In Dallas, the midrange project with the greatest return is entry door replacement. At a job cost of $1,045 and resale value at $1,415, the cost recouped is 135.3%. The upscale project retaining the most value was a grand entrance redo, at a cost of $6,800, resale value of $5,218 and cost recoup of 76.7%.
Bottom line? First impressions are lasting impressions, and it's worth the money and time to invest in a safe and attractive entrance to your home.
Source: Remodeling 2010-11 Cost vs. Value Report www.costvsvalue.com