Top 15 Home Updates
Here, find out how the top 15 home improvements rank, plus get tips on maximizing the return at resale.
(Continued from Page 11) By Dona DeZube
Special to HGTV.com
#12 Bonus Room Updates
Average return at resale: 72.8%- Converting a 12x12 bonus room into a home office costs on average $13,143 and brings in $9,569 at closing.
- Use a roller to paint the paneling and a brush to smooth of the paint that puddles in paneling grooves.
- Paint panels different colors for a groovy modern effect.
- If youre selling, know your target market and decorate to please them. Families use bonus rooms differently than empty-nesters and singles.
- Add electric outlets for your computer and recessed lights. Kitchen cabinets or bookshelves organize the space above your desk. Put a rolling file cabinet underneath.
- Glass doors add a finished look to any bookshelf.
- Check local zoning before you build a studio to rent.
- Budget $2,500 for the mini-kitchen.
- Adding a full bath costs an average of $22,977 nationally. Youll average $19,850 back if you sell, a recoup rate of 86.4%. Return rates go above 100% in big cities like NY, San Francisco, Orlando, Seattle and Washington, D.C.