The top ten remodeling projects undertaken to increase your home’s value and what percentage of your remodeling investment is recouped at resale are:
Minor kitchen remodel (88%)
Bathroom remodel (85%)
Major kitchen remodel (81%)
Family room addition (80%)
Deck addition (77%)
Master suite (75%)
Attic bedroom (74%)
Siding replacement (73%)
Window replacement (69%)
Home office (55%)
These are national averages, so in your area, the figures may be lower or higher. To explain, if you spend $10,000 on a minor kitchen remodel, you will be adding $8,800 to the value of your house. Remember that it’s a tricky business, trying to add value to your home. What seems to be value to you may not appear that way to any given prospective buyer. Check out below to see what sold in Island Lake Arbors in July 2025:
49945 Steamwood Drive, Novi: 3 bedrooms, 3.1 bathrooms, 2,079 sq. feet, 2 car garage, Sold Price: $514,900
Island Lake Arbors Home Sold
July 2025
If you don’t have the kind of money it takes for even minor remodeling, there are low-cost ways to increase your home’s value. Make sure the outside of your home is spic-and-span. Clean out the gutters. Wash the windows and remove cobwebs and bugs. Trim the hedges, cut and edge the lawn, sweep the sidewalks and driveway. For more information on Island Lake Arbors, contact The DiMora Team today at 248-505-7728 or jim@dimora.com.