New Hampshire Home Renovation Costs Versus Value
New Hampshire homeowners should check the possible improvement in property value compared to the expense of particular renovations prior to performing any work. Some repairs are more profitable than others. The following is information on New Hampshire home renovation costs versus value.
Many people think that they will regain every dollar spent on a repair, or perhaps even more, in increased property values. This is an expected expectation, however it is not generally what occurs. Different home repairs offer different returns, and that increased value can differ depending on the area. To obtain an overview on home renovation costs versus value, here are a few nationwide averages.
Averages
The figures below were obtained from the Remodeling Magazine Report.
| Improvement | Expense | Increased Value | Cost Regained |
| Basement Room Addition | $63,378 | $42,338 | 66.8 % |
| Garage Addition | $57,824 | $33,089 | 57.2 % |
| Bathroom Addition | $40,096 | $20,455 | 51 % |
| Minor Kitchen Upgrade | $19,588 | $14,120 | 72.1 % |
| Entry Door Upgrade | $3,536 | $1,990 | 56.3 % |
Assessing Home Renovation Costs Versus Value
Another factor influencing the value of renovations is whether it is a mid-range or up-scale improvement. Kitchen renovations, for example, can be performed in varying price ranges resulting in a different ending value. So, not only might you evaluate the type of renovation but additionally the quality. For a comprehensive list of home repairs and up to date New Hampshire home renovation costs versus value, visit http://www.costvsvalue.com.
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