We have come to the end of the Top 10 projects that get you the most money back for the money you put in.
Projects 9 and 10 are variations on projects we’ve already seen:
#9 is Wood Replacement Windows.
They boost the value of your home more than vinyl windows, but they cost more than vinyl.
According to the Cost vs Value Report for Richmond, VA…
Wood replacement windows cost an average of $12,027 and will increase your home’s value by an average of $8,707.
Vinyl replacement windows will cost $11,066 increase the value by $7,920.
You get a better return on your money with vinyl windows.
Keep this in mind: If you own a newer home or you’re in a neighborhood that caps out below $250,000, wooden windows might be adding more value than your house can retain; you won’t get any more money than you would if you had vinyl.
If, on the other hand, you have an expensive or historic home, wood windows might be a more appropriate decision than vinyl. Somewhere in the world a kitten dies every time a homeowner installs vinyl windows in their historic home just to save a few bucks.
#10 is the Major Kitchen Remodel.
Like the minor kitchen remodel, but, you know… major.
It involves a complete overhaul.
- New Wood Cabinets
- New Countertops
- New Island
- New Sink and Faucet
- New Appliances all around
- New Custom Lighting
- New Flooring
- Painted Walls & Ceiling