Home Renovations You've Been Dreaming About—Cost & ROI

On today's show Dave and Robert talk about those home renovation projects you've been dreaming about—what'll they'll cost you, plus what you'll get in return for them when you go to sell (return on investment—or ROI). See the short list below and listen to the show for all the details!

1. Adding a deck or patio
   • Cost: $6,000-$10,000
   • ROI: More than 100%!
      
2. Updating your garage door
   • Cost: $1,000
   • ROI: 85% when you hire it out and 235% ROI if you do it yourself
      
3. New vinyl windows
   • Cost: Average $550/window if you hire the project out
   • ROI: About 80% ROI, plus savings on energy costs
      
4. Hardwood flooring
   • Cost: About $5,000-$7,000 depending on the size of your home
   • ROI: 91% and a lifetime of beautiful floors
      
5. Full kitchen renovation
   • Cost: Average of about $65,000
   • ROI: You'll get about $45,000 back
      
6. Bathroom remodel
   • Cost: $35,000+
   • ROI: 50% and a bit more if you DIY the project
      
7. Landscaping upgrade
   • Cost: Varies depending on your landscaping plan
   • ROI: 100% or more
      
8. Basement conversion
   • Cost: $40,000-$50,000
   • ROI: 60% or more