Survey averages are down, but less than expected. A slowing rate of decline could mean that remodeling is turning the corner. But the global financial crisis could make the outlook worse before it gets better.
Our 20th annual report shows that remodeling costs continue to increase despite a moderating real estate market.
What's the payback for remodeling? Our annual report compares construction cost with resale value for 25 common remodeling projects in 60 U.S. markets.
The 2005 Report has all 15 legacy projects (formerly, 10 were surveyed each year in rotation), plus the "upscale" versions of 5 projects introduced in 2003. New in 2005 are upscale versions of roofing and siding replacement projects.
This is the eighteenth anniversary of our Cost vs. Value Report, which compares the cost-to-construct for a selection of 18 common remodeling projects with the added value those projects bring at resale. Read on to learn about the current resale conditions in 60 markets.
How much of the cost of a remodeling project can be recovered at resale? Our annual report samples current conditions in 35 markets.
Does remodeling pay? Our annual report gets to the bottom of the age-old question.
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