Cost vs. Value Report- Can Help Increase The Value Of Your Home

We are finishing remodeling our home . It was a year long project headed up by my wife and we are planning on moving back in to our home next week.

I found this  resource that would have helped us and hope you find it useful:

Cost vs. Value Report- Can Help Increase the Value of Your Home-Lee  stated For about 20 years , “….Remodeling Magazine (and also Remodeling Online) has been doing something that few other publications dare to do. Every December, these publications come out with their Cost vs. Value Report for the preceding year, measuring the estimated average cost of remodeling projects across the U.S. in three major categories….”(see Lee’s Home Renovations Blog By Lee Wallender, About.com Guide to Home Renovations)

Please check out the below, I think you will enjoy what you find!

Cost vs. Value Report- This resource helps analize the following:

• the payback for remodeling?
• an annual report compares construction cost with resale value for 25 common remodeling projects in 60 U.S. market

Research Team

Specpan (www.specpan.com), an Indianapolis-based market research company, programmed and hosted the Web-based survey, collected and compiled the data, and provided pre- and post-survey consulting.

The Washington, D.C.-based National Association of Realtors (www.realtor.org) broadcasted e-mail links to the survey to more than 100,000 of its members, comprising sales agents, brokers, and appraisers.

Hometech Information Systems (www.hometechonline.com), the Bethesda, Md.-based estimating software developer, provided cost-to-construct estimates for all 25 remodeling projects, including area-modifiers for each of the 60 metro cities surveyed.

Humbly presented for your review,

Devin Willis

Resource:

Cost vs. Value Report 2007- REMODELING Online

REMODELING’s 2007 Cost vs. Value Report Online-Publication date: November 1, 2007-By Sal Alfano

Related Resources:

What’s the one thing you can do to increase the value of your home the most? –by Josh Clark-HowStuffWorks

The Effects of Landscaping on Perceived Home Value.” Virginia Cooperative Extension. 2007. (PDF)