FYI:
Remodeling's PAYOFF

Cost vs. Value Report

   This report is published each year in conjunction with Remodeling magazine.  It gives you a city-by-city guide on what various home projects will pay back at resale. 

  Cost data for the report come from HomeTech Information Systems, a remodeling software company in Bethesda, Md.

  Resale values ("cost recouped" in the tables) are aggregated from estimates provided by the NATIONAL ASSOCIATION OF REALTORS members.

  If some of the remodeling job cost figures appear too high or too low,  one cause is the leveling effect of averaging.  The demand for - and cost of - remodeling services can vary greatly within a given metro area.

  Keeping up with the Joneses can be a savvy investment move.  But ultimately, the best reason for a remodel is to enjoy it.

www.REALTOR.org/realtormag

Source: Realtor.org/realtormag.

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