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Remodeling Costs vs Value

If you’re planning on remodeling your house to raise its market value, you’re less likely to recoup the cost of the improvements than you were a few years ago.

Remodel

The reason is basically that the cost for making home improvements has risen faster than the degree to which those improvements raise the resale value of a home.

Before you launch into a remodeling project at your home, read the advice at Remodeling Online. They have regional maps and data with charts detailing cost vs. value of specific remodeling projects for various regions of the country.

For instance, in Massachusetts you can expect to recoup 79% of the cost of a deck addition but in Oregon you will recoup 91.1% of the project’s cost.

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