Are you like many Northwest homeowners trying to prioritize your annual honey-do/project list? If so, start 2016 with a relatively low cost/ high return project. Consider adding adequate fiberglass insulation to your attic. This upgrade has shown to give your home the best overall “Recouped Cost” according to the Remodeling 2016 Cost vs. Value Report (www.costvsvalue.com).
The Remodeling Cost vs. Value Report is an annual review comparing the Average Costs to the Value Added from 30 home renovation categories within mid & upscale price ranges. Independent industry professionals contribute data from renovations throughout specific regions, resulting in a fair analysis of how different projects stack up. This is an excellent resource for homeowners considering a major remodel or prioritizing minor repairs. Best of all the downloadable report is free to the public!
Traditionally installing loose-fill fiberglass insulation over the top of existing insulation (if present) to the height equivalent of R30 value (along with properly air sealing your attic) has always been at the top of this list for projects that add value above the expense of materials and labor. The returns to the homeowner are twofold, bringing instant improvement to your energy bill and longterm resale value to your house.
In an example specific to the Seattle area, the Remodeling 2016 Cost vs. Value Report analyzes a 30’x35′ sized attic in which the insulation job cost should be $1,249, while the resale value added will be $1,877. This is a recouped cost of 150.3%! Other projects you’ll find information on in the report include Window & Door upgrades, Kitchen & Bath Remodels, and other Major Additions.
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Do you have a kitchen or bath project in mind but not sure where to start?
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