Mariemont: the Remodeling Capital of Ohio

Virtually all Mariemont homes feature one or more major additions or renovations such as conversion of the garage into a playroom, the replacement of casement windows, and the building of a family room or extra bathroom.

Typically, homeowners think of remodeling costs in terms of how much money they have in the bank rather than the home improvement project as an investment in the resale value, curb appeal, and marketability of the home.

Here is real estate data regarding the estimated average ‘appreciation value’ and return on the investment of various types of home improvements in the Midwest region.

Basement Remodel—80%

Bathroom Addition—60%

Bathroom Remodel—71%

New Deck—75%

New Windows—77%

New Siding—80%

Roof replacement—67%

Kitchen remodel—72%

New entry door—100%

As is readily apparent, each type of improvement has a different return value which should be a considered when making the final decision to proceed with a major project. You might wish to consult with friends in the real estate or construction business.  

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