Monday, September 13, 2010

Cost to Value Report on Remodel Projects

Recent article on Realtor.org looks at the cost and investment return on remodeling.

On average, the return on investment recoups approximately 63.8% of cost. Upgrading the kitchen and bath are still a smart bet but forego the super expensive, deluxe projects. Instead, take a look at what is selling in your neighborhood at top dollar and use similar costs in your upgrades.

Worth mentioning, the greatest rate of return at a whopping 128% is upgrading the front door. Its one of the least expensive projects and immediately changes the first impression of your home!

To read the entire article: www.realtor.org

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