Wondering if your kitchen remodeling will pay off when you sell? Not sure if adding a deck will increase the appeal of your house? Before starting a home renovation project, consider how the work will affect the resale value of your home.

Kitchen and Bathroom Remodeling Pays Off

Kitchen and bathroom remodeling projects top the list of projects that typically pay a good dividend when you sell. In many cases, a modest kitchen remodeling can provide a 90 to 95 percent return if you sell during a three to five year period. With a bathroom remodeling, the return is often close to 90 percent.

Try Modest Kitchen or Bathroom Remodeling

The best way to ensure a good payback when you sell is to monitor home renovation costs, which can range from $15,000 to $50,000 for kitchen remodeling and $5,000 to $25,000 for bathroom remodeling. A modest kitchen or bathroom remodeling project often results in a higher payback, as it is difficult to recapture the price of a pricey $20,000 stove or $10,000 steam shower.

Replace Kitchen Cabinets and Countertop

When planning a kitchen remodeling, look for ways to revitalize key areas. Start by replacing or refacing kitchen cabinets, buying a new granite countertop, and adding a stylish sink and faucet. By spending $3,000 to $10,000, you can dramatically change the look of your kitchen and enhance its resale value.

Among the minor bathroom remodeling projects to consider are:

• Refacing bathroom cabinets
• Replacing bathroom countertop, sink and faucet
• Replacing bathroom floor and wall tile
• Changing bathroom cabinet hardware

Try Siding and Window Replacement

Among the other projects that offer a good return on investment are:

• Siding replacement - can make a dramatic difference in your curb appeal
• Window replacement - will improve energy efficiency and give home a more updated look
• Patio or deck addition - will improve yard appeal
• Painting and decorating - will give house a visual boost
• Roof replacement - especially good to do if the roof has several layers or is in disrepair