Thursday, December 13, 2007

Appearances mean EVERYTHING

According to the results of the 2007 Remodeling Cost vs. Value Report, three of the four projects with the highest national percentage of costs recouped this year were exterior upgrades. The most profitable project on the national level was upscale siding replacement, recouping 88 percent of costs upon resale. Wood deck additions and wood window replacements were a close second returning more than 80 percent of costs, at 85 percent and 81 percent, respectively. But the the only interior project to return more than 80 percent of remodeling costs this year was a minor kitchen remodel, returning 83 percent of project costs at resale.
Homeowners who reside in the Pacific region could expect to see some of the highest percentages of remodeling expenses returned at resale, with 13 of the 29 projects returning 90 percent or higher of project costs.
For more information Check out http://www.costvsvalue.com/index.html

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