Resources
Below are links and resources that can aid you in making decisions regarding your Home Improvement projects.
Answers to the questions from our July HIP e-Newsletter:
What Percentage of Remodeling Costs Can You Expect to Recoup When You Sell Your Home?
QUESTION: In Virginia, studies have shown that kitchen remodels result in recouping what percentage of your investment when you sell your home?
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50%
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35%
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78%
ANSWER: 78%
QUESTION: Surveys prove that basement remodeling retains 84.4% of its cost in resale value. True or False
ANSWER: True. That means you have the benefits of an enhanced living area with the added savings of minimized out-of-pocket cost.
QUESTION: What percentage of the cost of a deck addition is likely to be recouped when you re-sell your home in Virginia?
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80%
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70%
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65.5%
ANSWER: 80%