Most sunroom homeowners think about sunrooms as an investment in their lifestyle. But they are also listed among the Top Remodeling Projects in Remodeling Magazine's annual report.
When you consider its value at resale, a sunroom project costs only about 50 cents on the dollar. According to the 2010 Cost vs Value report in Remodeling Magazine, the other 50 cents spent on a project goes directly back into the home through increased value - not to mention increased owner enjoyment!
And with people spending more time at home - to save gas - your sunroom can be a vacation in your own backyard!
A Sunroom Investment is Different From Other Investments
It is something you and your family enjoy to entertain, relax in, and just get away from it all... So think outside the "return on investment" box and you will see why our Betterliving sun room and patio room owners say "The only regret I have is...we wish we had done it sooner."
When comparing cost estimates for actual sun room projects, remember that averaging tends to have a leveling effect on "Job Cost" data. And, seemingly small differences in size, scope, or quality of finishes can dramatically affect the final project cost. Remember, too, that, even in neighborhoods in the same city, local conditions can affect both the cost and value of a remodeling project, making our numbers appear too high or too low.
In an actual real estate transaction, the "cost recouped" for a given remodeling project depends on a variety of factors. These include the condition of the rest of the house, the value of similar homes nearby, and the rate at which property values are changing in the surrounding area. A home's urban, suburban, or rural setting also affects its value, as does the availability and cost of new and existing homes in the immediate vicinity.