When contemplating renovations to your Boston home, you may wonder: which project will provide the most bang for my buck? From bathroom remodels to attic bedroom conversions, here’s a look at the best home improvements for the money. Get further guidance from your trusted Boston contractor as well!
Bathroom Remodel
According to the 2024 Cost vs. Value Report, a midrange bath remodel costs about $25,000, with a resale value of $18,000 and recouped cost of 73 percent. If you decide to tackle an upscale bathroom remodel, expect to pay close to $80,000 with a resale value of $35,500 and recouped cost of 45 percent. An upscale bathroom addition will cost $107,00, with a resale value of $35,000 and recouped cost of 32 percent.
Kitchen Remodel
A minor kitchen remodel will cost you about $27,000, but you can potentially get back 96 percent of that. A major kitchen remodel will cost you $80,000, and you can recoup just about 50 percent of that. Your price tag for an upscale kitchen remodel jumps to $160,000 with a resale value of about $60,000.
Garage Doors
With a recouped cost of 194 percent, adding a new garage door is one of the smartest ways you can spend your home improvement dollar. The average cost of a replacement door is $4500, with a resale value of $8700. If you decide to go with a full garage conversion, you can recoup 80 percent of your investment.
Thinking of sprucing up your entry door as well? You’re looking at an initial investment of $2300 for a steel door and a recouped cost of 188 percent.
Deck Addition
A composite deck addition will cost you about $24,000, but brings a resale value of $16,500 and ROI of 68 percent. If you decide to go with wood, you’ll spend less initially at $17,000 but have a resale value of $14,500; your ROI is higher, though, at 83 percent.
Basement
If you would like to finish your basement, you would get a 70 percent ROI, with the location, size and type greatly affecting return.
Contact AD Construction
No matter which project you want to get started on, we can help enhance the value, comfort and beauty of your home. Just call AD Construction at 877-345-BUILD to get a free quote from one of our Beacon Hill contractors.
