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Remodeling in Virginia Beach: Top 5 Cost-Effective Home Improvement Projects for 2014

Remodeling in Virginia Beach: Top 5 Cost-Effective Home Improvement Projects for 2014
Project Planning

The 2014 Cost vs. Value Report, released annually by Remodeling Magazine, brought good news for local homeowners and home improvement companies alike. For the second year in a row, the value of remodeling in Virginia Beach has increased for all 35 projects included in the survey.
 


The Cost vs. Value Report compares the average costs to complete 35 popular remodeling projects in different regions of the country with the value those projects retain at resale. Data gathered in 2013 from remodelers, real estate agents, appraisers and brokers was used to generate the rankings. With average home resale values improving nationwide, this trend may well signal the beginning of renewed housing market growth.

Below are the top five mid-range remodeling projects that currently offer the best return on investment in the South Atlantic region, which includes East Coast states extending from Delaware to Florida.

1. Entry door replacement (steel)
Average cost: $1,119
Return: 101%
2. Deck addition (wood)
Average cost: $8,709
Return: 89% (tie)
3. Garage door replacement
Average cost: $1,459
Return: 89% (tie)
4. Attic Bedroom
Average cost: $46,135
Return: 88%
5. Window replacement (wood)
Average cost: $10,429
Return: 84%
6. Minor kitchen remodel
Average cost: $17,867
Return: 83%

Let The Roofing & Remodeling Company help you make the best choices for your home and your budget with cost-effective home improvement projects that will get you the most bang for your buck at resale. We service the entire Hampton Roads and Virginia Peninsula region. From a simple entry door installation to complete room additions in Newport News, Chesapeake, Norfolk and Virginia Beach, we’ve got you covered! Visit our Contact Us page or give us a call at (757)-903-0050 for more info.

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