Protective
Login
Customers
Agents, Brokers & Reps
Home | Contact Us | Help | Site Map
Home > Planning For... > Your Finances > The Best Investment for Your Home

The Best Investment for Your Home

Who among us doesn't have a home that needs even just a little bit of work? It's natural to have a lot of ideas about what changes you may want to make to your house, but some are worth more than others.

If you aren't sure what part of the house to remodel, maybe part of the decision should be tied to the return on investment you can expect from your project.

According to at least one study, kitchens and bathrooms offer the best return, though surprisingly, based on national averages, there is no home remodeling project that fully pays for itself in terms of resale value:

Remodeling Project   Percentage of Cost Recovered at Resale
Minor kitchen remodeling 94%
Bathroom addition 89%
Major Kitchen Remodeling 87%
Family Room Addition 84%
Two-story additions 84%
Attic bedroom 83%
Siding replacement 71%
Deck addition 70%
Window replacement 68%

   Print This Page 

Content is for informational purposes only and may not accurately reflect your specific situation. Information is not intended to provide financial, legal, tax, or accounting advice. You should consult a qualified advisor for advice specific to your own circumstances.



   Copyright © 2007 Protective Life Corporation. All rights reserved. Legal | Our Privacy Notice