The downside of remodelling to increase the value of your home

According to RemodelingOnline, on average, no major home improvement project yields a significantly higher resale value than you put into it. Here are the stats from the Seattle area and here is a soon to be pay-walled summary. So, as with most things in life, think about what makes you happy first, then think about how much it will cost.

That said, if new siding, a new deck, or a new kitchen would make you happy, it’s 80% off once you sell your home:

The most profitable project on the national level was upscale siding replacement, recouping 88 percent of costs upon resale. Wood deck additions and wood window replacements also returned more than 80 percent of costs, at 85 percent and 81 percent, respectively. On a national average, the only interior project to return more than 80 percent of remodeling costs this year was a minor kitchen remodel, returning 83 percent of project costs at resale.