The True Costs vs. Resale Value of Popular Home Renovations
eReplace Staff on February 23, 2016
Whether you’re an avid fan of home improvement shows or not, you likely have an inkling that fresh updates and renovations can entice homebuyers. But how much will a certain remodel run you? And perhaps more importantly, will it really help you come resale time?
The Remodeling 2016 Cost vs. Value Report, produced by Remodeling, details estimated costs for 30 home-improvement projects. The report also includes an estimated value homeowners can expect to recover from a specific renovation or addition when they sell their home. With the help of the report, we break down the cost and resale value of some of the most popular renovations—from kitchens and bathrooms to decks and basements. The figures are organized by region as well as the national average. To learn more and view all 36 project cost and value estimates, check out www.costvsvalue.com, where you can download the report in its entirety for free. © 2016 Hanley Wood, LLC.