Small Remodeling Budgets, Big Upgrades

Not everyone has a fortune stashed away for a major home remodel.

Not everyone has a fortune stashed away for a major home remodel. So smaller-scale projects, such as replacing windows, siding or a front door, are gaining in popularity among homeowners. Compared with a full remodel, replacement projects cost less and can offer a higher return on investment. This year, homeowners are recouping 67.6% of the cost of such smaller-scale replacement projects during resale, according to Remodeling magazine's annual Cost vs. Value report. Major remodeling projects, such as additions, are recouping 59.7%, on average.

Whether you want to make upgrades for your own enjoyment or you plan to put your house on the market soon, we've rounded up nine home-improvement projects that will give you the most bang for your buck for about $1,000 or less. As you plan your project, keep in mind that many of the prices quoted here are national averages. The actual cost of any renovation will vary based on many factors, including the location of the home, the scope of the work, the quality of the materials selected and the experience of the contractor.

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Andrea Browne Taylor
Contributing Editor

Browne Taylor joined Kiplinger in 2011 and was a channel editor for covering living and family finance topics. She previously worked at the Washington Post as a Web producer in the Style section and prior to that covered the Jobs, Cars and Real Estate sections. She earned a BA in journalism from Howard University in Washington, D.C. She is Director of Member Services, at the National Association of Home Builders.