Making Home Improvements Pay
Realtor Magazine asks the questions, “What’s the return for remodeling?” They found the answer through Remodeling magazine’s annual report which compares construction cost with resale values for 25 common remodeling projects in 60 U.S. markets. They call these the cost vs. value reports. For example a minor kitchen remodel for a 200 square foot kitchen;
National Average
Job Cost – $17,928
Resale Value – $15,278
Cost Recouped – 85%
West South Central
Job Cost – $18,354
Resale Value – $13,471
Cost Recouped – 73%
St. Louis
Job Cost – $18,819
Resale Value – $13,530
Cost Recouped – 71.9%
To learn more about cost vs. value reports, click here. For all your Real Estate needs contact http://www.noltingrealestate.com/ and/or 636-391-9997.
Category : Blog
