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You have lots of options when it comes to choosing which home improvement projects to tackle — from major remodels needing a Home Equity Line of Credit (HELOC) to small-but-impactful upgrades where a lesser home improvement loan will do. But before making a beeline for the home improvement store or hiring a contractor, consider which projects will give you the most bank for your buck when it comes time to resell your home.

Since not all home improvement projects are created equal, we’ve outlined five projects that could potentially give you the best bang for your buck. Along with five projects where you’ll most likely lose nearly 50 percent of what you spent when reselling your home in the near future.

Projects with the highest potential for recouping your costs:

Upgrading to a top-of-the-line garage door
Average project cost: $3,470
Average resale value: $3,411
You’ll likely recoup 98.3 percent of this cost when reselling your home.*

Adding manufactured stone veneer
Average project cost: $8,221
Average resale value: $7,986
You’ll likely recoup 97.1 percent of this cost when reselling your home.*

Installing moderately priced wood deck
Average project cost: $10,950
Average resale value: $9,065
You’ll likely recoup 82.8 percent of this cost when reselling your home.*

Completing a minor kitchen remodel
Average project cost: $21,198
Average resale value: $17,193
You’ll likely recoup 81.1 percent of this cost when reselling your home.*

Replacing your vinyl siding
Average project cost: $15,072
Average resale value: $11,554
You’ll likely recoup 76.7 percent of this cost when reselling your home.*

Projects that offer the worst return on the money spent:

A high-end bathroom remodel
Average project cost: $61,662
Average resale value: $34,633
You’ll likely lose 43.8 percent of this cost when reselling your home.*

Adding on a glamorous bathroom
Average project cost: $83.869
Average resale value: $45,752
You’ll likely lose 45.4 percent of this cost when reselling your home.*

Going all-in for a major high-end kitchen remodel
Average project cost: $125,721
Average resale value: $67,212
You’ll likely lose 46.5 percent of this cost when reselling your home.*

Adding on an upscale master suite
Average project cost: $256,229
Average resale value: $123,797
You’ll likely lose 51.7 percent of this cost when reselling your home.*

Adding on a swanky backyard patio
Average project cost: $54,130
Average resale value: $25,769
You’ll likely lose 52.4 percent of this cost when reselling your home.*

When reviewing these figures, keep in mind that the data provided is based on national averages and that what sells in some neighborhoods may not sell well in others. It’s also worth noting that it’s ok if the improvements you’re interested in aren’t solely based on the returns you’ll make. Instead, you may find it’s more about making your home a place you're happy with and proud to live in for many years to come.

However, if you’re determined to complete projects with good returns, talk with your Realtor to help you decide which projects make the most sense for your locale. Then stop by your nearest branch to speak with a crewmember about the FAIRWINDS solutions that work best for your individual situation.

*Based on national averages compiled by www.remodeling.hw.net.

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