The numerous and possibly ambiguous answers (depending on your source of information) can be misleading and confusing. We are aware of the weight and significance of these questions to our clients and do our best to help answer them. One good, reliable source of information is Remodeling's Cost vs. Value Report (www.costvsvalue.com). The organization publishes the report yearly and is specific to region or metro areas. Check out the top results for Portland, OR below.
Top 4 ROI Projects for Portland
$20,808 approx job cost
Numero uno in Portland? Kitchen remodels! This is obviously a great return on investment. The data indicates that the cost recouped on a minor ktichen remodel is 111.5% of the cost of the project! This is great news for homeowners considering a kitchen remodel - and is consistent with what we have seen come true for our clients when they sell their homes. If you are looking at actual dollars, this ROI equals an average of $23,197 in resale value.
$7,512 approx job cost
#3 - Garage Door Replacement
$1,718 approx job cost
Replacing your garage doors could net you a 94.2% ROI. This is another great option for increasing the resale value of your home, and changing the overall exterior impression. These unique and classy doors would totally get home seeker's attention on a home listing website! The data says the approx job cost is $1,718 but the percentage of cost recouped stays fairly consistent: if the project cost goes up to $3,148 you are talking about a 98.1% ROI.
#4 - Attic Insulation (fiberglass)
$1,289 approx job cost
Remember, we are offering a GREAT bonus with kitchen remodels in April & May! More details here.