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I agree with Philip. Visit the link below, select your region and you'll get a ton of ROI data:
http://www.remodeling.hw.net/cost-vs-value/2016/
Hope that helps and good luck!
Clifton Muckenfuss
Carolina Exteriors
Apex, NC
Hi Elizabeth,
That's a great question and an important one. We provide very helpful information about this on our website, which lists a few steps to take and questions to ask when planning a remodel. http://www.drdcon.com/steps-for-remodeling.html.
Hope this helps!
Tyler,
It sounds like the existing laminate flooring is solid and free from flex. If so, you will have no problem installing the new laminte over the old. You will want to use a sound absorbing pad underneath to avoid a hollow sound as well as potential squeeks between the 2 laminate surfaces. Best of luck!
David Domenichini
D.R. Domenichini Coosntruction