I disagree about the added value of an extra bathroom. Having only one bathroom for several people can be really annoying. If there isn't enough money or room for a whole bathroom, at least an additional toilet and sink can take some of the discomfort out of having to wait.
ellen korakof CA10:01AM January 30, 2010
The best move I ever made was to bridge the 16' gap between by house and garage with a screened porch. Add acrylic panels to block the wind and retain the solar gain radiating back from the slab, and it's a three-season space. If for no other reason, I can wheel the grill into it when it's raining out and still barbeque without the bugs.
Richof MO1:55PM January 29, 2010
If you go with the inflated industry estimates for some of these projects then that of course distorts their rate of return. I can't think of anyplace in the snow belt where attic bedrooms payback better than a garage. Most of these estimates seem like retrofit projects at new-construction prices...
Richof CT12:32PM January 29, 2010
You fail to mention solar energy projects. I know they can be expensive, I hope they can help the resale value.
Joeof FL11:13AM January 29, 2010
I consider it a plus to have a built-in backup power generator. An automatic generator to be installed is around $10,000+ here, but when there's no power in the middle of winter and it's 0 degrees out.... With power to run the gas furnance and electric lights, it's nice to not totally depend upon the electric company.
Couldn't have a built-in generator in the last house, so we had a 4k standalone and ran power extension cords. A whole house auto-switch over generator is much easier and better.
Randy Adamsof MI9:17AM January 29, 2010
A composite deck is low maintenance compared to a wood deck that needs a yearly protective waterproof coating applied like ThompsonsWaterSeal. Front door, garage door, windows are pretty much no brainers for resale value, plus they cut your energy costs while you are living in the house. I always look for low or no maintenance items.
Michaelof OH9:11AM January 29, 2010
People use to fix their homes so they could enjoy life more now its for investment purposes? Its a sick world we live in. What next investing in clothing that brings a profit when we sell the pictures of ourselves wearing them? I guess I just gave it away I am middle class and have a life.
Bethof NY4:57AM January 29, 2010
Good advice. There is much that can modernize and enhance the look & feel of a home without having to spend a lot of money on major remodeling or adding square footage. I suggest start with curb appeal, floors and paint, then move to kitchens and baths. As you suggest, an impressive front door helps alot. New faucets, fixtures, and appliances can do wonders, too. Above all, homeowners must focus on cost-effective, high-value-added projects. I reveal the 3 critical steps for success when remodeling, plus my Top 5 high-impact home projects, and lots more at http://HomeUpgradeIdeas.com.
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ellen korak of CA 10:01AM January 30, 2010
Rich of MO 1:55PM January 29, 2010
Rich of CT 12:32PM January 29, 2010
Joe of FL 11:13AM January 29, 2010
Randy Adams of MI 9:17AM January 29, 2010
Michael of OH 9:11AM January 29, 2010
Beth of NY 4:57AM January 29, 2010
Laura of CA 10:53PM January 27, 2010