Best Remodeling for Your Money

From CNN Money, 12/3/08:

As home values shrink, so have the returns on remodeling jobs. The projects below will allow you to recoup the most on your investment.

Project % of cost recouped %-point drop since 2005 Siding replacement 80.7% -15 Minor kitchen remodel 79.5 -19 Window replacement 77.7 -12 Major kitchen remodel 76.0 -9 Bathroom remodel 74.6 -28 Deck addition 73.7 -17 Note: Materials for projects: vinyl (siding); wood (window ); composite (deck)

Source: Remodeling magazines 2008-09 Cost vs. Value Report

After a big run-up, prices on many building materials have begun to drop and should continue to fall over the next few months.