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Tuesday, October 2, 2007

Top 15 home improvements for resale

Having a pool in your backyard here in Austin is almost a necessity because of the extreme hot summers. But these days, the popular outdoor kitchen and living area seems to be the top priority to many. A great arbor with a long rock counter with dual sinks, wine refrigerator, and jumbo stainless steel grill seems to be the common sight these days. I think about this time last year, the media room was a must have. But do you really get the $100K you put into the money you put into (the new negative edge pool with water feature and wrought iron fence surrounding it) back when the home is sold? HGTV.com states the top 15 home updates, hence, here are the top 5:

1) Minor bathroom remodel - 102% return
2) Landscaping - 100% return
3) Minor kitchen remodel - 98.5% return
4) Vinyl siding, fresh paint, front entry - 70% return
5) Attic Bedroom conversion - 93.5% return