Remodeling your home in 2014?

This is the year when a little work can go a long way when it comes to making improvements on your home. Making just a few minor upgrades will not only improve its curb appeal and function, but it will also boost your homes value when its time to sell.

According to Remodeling magazines 2014 cost vs. value report, the value of remodeling projects is up across the board. The average cost recouped on remodeling projects hit 66.1 percent nationally, up 5.5 percent over last year and the largest increase since 2005.

For local builder Scott Tarkleson of Fenton Lakes Building & Design, these numbers not only mean that more people will be investing in their homes this year, but that they will be more confident doing more extensive projects like master bath suites, major kitchen remodels, two-story additions, etc.

So many of the homes in the tri-county area are built with just a rudimentary tub or shower, toilet and sink, said Tarkleson. You can really add value for fewer dollars and create a real selling point for your home.

Projects like replacing your front door, doing minor kitchen renovations (appliances, countertop, cabinetry hardware) or building a deck can make a big impact on your homes value without breaking the bank. These small fixes can make your whole home appear more modern, updated and upscale.

Remodeling projects that dont make the grade

Many of these projects require additions that add function and space, but are also costly renovations.

Home office remodel

Average cost: $28,000

Average cost recouped: 48.9 percent

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Remodeling your home in 2014?