Tuesday, November 25, 2003

Cost vs Value Report

It's out! The 2003 Cost vs Value Report has been issued by Remodeling Magazine. This informative report has been published for many years, and we refer to it often when a client is making that sometimes difficult "remodel versus move" decision.

The Report examines the cost of popular home improvement projects and then shows the estimated percentage return in various geographical markets if the owners were to sell their home today.

For example, the Report estimates that a Family Room addition would yield an 87% return on investment (ROI) in the LA market. A major kitchen remodel is estimated to give an 86% ROI in the LA market. There are a lot of factors involved, and we think you'll find the Report very interesting.

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