Minneapolis Remodel Cost Vs. Value 2014 Report: All Home Remodeling Categories Up

Minneapolis, Minnesota (PRWEB) January 21, 2014

Minneapolis homeowners are investing in upgrading or remodeling their houses, according to the 2014 Hanley Wood Remodel Cost Vs Value Report released January 16, remodeling sales were up 10 percent nationally, and about a half of the surveyed remodelers agree all home remodel categories are up. Predictions are that 2014 Minneapolis home remodeling trends will continue to see this steady growth and offer homeowners clues as to which home remodeling projects will pay off in 2014.

"Minneapolis home remodel projects can entail a big decision making process for homeowners. One of the best ways to increase the value of your home is to keep the property up and mindful of current trends," says Jenna Thuening, owner of Home Destination. "Should something come up to prompt a move that you weren't necessarily planning, getting your home market ready won't be such a huge task if home remodeling projects are completed and keep a home's decor on par with want buyers want."

The Cost vs. Value Report by Remodeling Magazine is highly anticipated for its precise information on which West North Central, including Minneapolis, home remodeling projects, grant homeowners the best return-on-investment when remodeling. According to the study, the West North Central Region of the US bettered national averages, showing strong improvements in Twin Cites remodeling spending levels.

Listing the top home remodeling projects in Hanley Wood's 2014 Remodeling Cost Vs Value Report, Home Destination numbers them according to their highest return on value:

1) Wood Window Replacements - Wood window replacements average $12,396, with a resale running $9,694, ending up with a recouped value of 78.2 percent. Wood window replacement remodeling projects come in with the highest return value per cost for Minneapolis homeowners. While the cost of wooden replacement windows is significantly higher than vinyl, they will add proportionally to a home's resale value.

2) Wood Deck Addition - Therefore, adding a home deck can end up at a cost recouped of 76.2 percent. A home deck build offers Minneapolis homeowners the chance to enjoy outdoor entertaining more.

3) Home Basement Remodel - Job costs average $17,112 with a resale value of $8,983. The remodeling project has a recouped value of 75.4 percent.

4) Garage Door Replacement - Expect a garage door replacement project cost to be around $1,771, with a resale vale of $1,331, which is a recouped value of 75 percent.

5) Attic Bedroom Remodel - Job cost of a Minneapolis attic bedroom remodel averages $52,291 with a resale value of $44,398, which means the homeowner can anticipate a cost recouped of 74 percent.

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Minneapolis Remodel Cost Vs. Value 2014 Report: All Home Remodeling Categories Up