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Remodeling Projects 2017: Will You Get Your Money Back?

With winter around the corner, our focus naturally shifts from the exterior of our homes to the interior.  Perhaps you have a remodeling project in mind to complete over the next few months?  I’m sure you are wondering how much you should spend and whether you will ever get that money back upon sale?   Wonder no longer. . .  Each year, the folks at Remodeling.hw.net put together the cost of various home remodeling projects and an average of how much is recouped by various projects upon sale of the home.

Below are the stats for the Chicagoland area.  Interestingly, investing in a new steel entry door or stone veneer for your exterior, provide, on average, a 100% return on your investment.  You may be surprised to find out that adding a master suite, family room or two story addition only recoups about 59%-69% of your expense!  Check out the full report below.

Request the original report at http://www.remodeling.hw.net/cost-vs-value/2017/east-north-central/chicago-il/.

2017 cost value report

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Merging their individual knowledge, resources and expertise, Lisa Finks, Lourdes Arencibia & Carolyn Duris offer their real estate clients superior advocacy skills and exceptional results.

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Lisa Finks, Lourdes Arencibia & Carolyn Duris, 565 Lincoln Ave, Winnetka, IL (847) 778-0540 info@northshoreaddress.com

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© 2019 Lisa Finks, Compass Real Estate. All Rights Reserved.

LISA FINKS, LOURDES ARENCIBIA & CAROLYN DURIS ARE REAL ESTATE AGENTS AFFILIATED WITH COMPASS, A LICENSED REAL ESTATE BROKER WITH A PRINCIPAL OFFICE IN CHICAGO, IL, AND ABIDE BY ALL APPLICABLE EQUAL HOUSING OPPORTUNITY LAWS. ALL MATERIAL PRESENTED HEREIN IS INTENDED FOR INFORMATIONAL PURPOSES ONLY. INFORMATION IS COMPILED FROM SOURCES DEEMED RELIABLE BUT IS SUBJECT TO ERRORS, OMISSIONS, CHANGES IN PRICE, CONDITION, SALE, OR WITHDRAWAL WITHOUT NOTICE. NO STATEMENT IS MADE AS TO ACCURACY OF ANY DESCRIPTION. ALL MEASUREMENTS AND SQUARE FOOTAGES ARE APPROXIMATE. THIS IS NOT INTENDED TO SOLICIT PROPERTY ALREADY LISTED. NOTHING HEREIN SHALL BE CONSTRUED AS LEGAL, ACCOUNTING OR OTHER PROFESSIONAL ADVICE OUTSIDE THE REALM OF REAL ESTATE BROKERAGE.