Magazine ranks bad home remodeling ideas
October 18, 2011
Every year Remodeling magazine gives its list of the worst ideas for remaking your home especially in light of resale value. Many people think large-scale remodels or additions will increase their property’s value. The magazine says that’s not always the case.
Here is the latest list of bad ideas:
- A home office. Essentially, the magazine says that thanks to computers, home offices can be just about anywhere, including your neighborhood Starbucks.
- Backup power generators. Just too much investment and too little return.
- Sunrooms. Again, too much money and too little return.
- Upscale master suite addition. With costs topping out at $250,000 or so for top-of-the-line materials, sellers can expect to recover about half their rebuilding cost when selling their home.
- Bathroom addition. The magazine says everyone wants another bathroom on occasion. But they also note the price for such is stiff: about $21,000 for lower end materials, easily $40,000 for upscale designs.
- Garage additions. For the last time: too expensive, not enough return. The magazine lists costs ranging from $60,000 to $90,000.
Learn more at www.remodeling.hw.net.