Which home projects pay back the least money when you sell your home? Every year, Remodeling magazine surveys a slew of experts to find out which remodeling projects deliver the best — and the worst — bang for the buck. This year’s results are carried in the Remodeling 2017 Cost vs. Value Report.
The Cost vs. Value Report compares average costs for 29 common remodeling projects, done by professionals, in 99 metropolitan areas.
The report also looks at the average value that each project returns if the house is sold a year after the work is done. Here are the five interior remodeling projects that have the lowest return in investment, according to Remodeling’s 2017 Cost vs. Value Report.
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Universal design bathroom
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Average cost: $15,730
Average resale value: $10,766
Cost recouped: 68.4 percent
Universal design is the industry term for interior design for people of all ages and abilities. This project takes a 5-by-7-foot bathroom and installs things like grab bars and a shower that can be used by someone in a wheelchair.
If you want to add a master suite to the house, it’s going to cost you. This project, calls for adding a 24-by-16-foot master bedroom suite to the house, with a walk-in closet and bathroom with a soaker tub.
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Average cost: $43,232
Average resale value: $23,283
Cost recouped: 53.9 percent
This project brings the least bang for the buck, but when you gotta have a new bathroom, you gotta have a new bathroom. Workers build a new 6-by-8-foot bathroom onto the house.