2016 Cost vs. Value Report
This report compares average costs for 30 popular remodeling projects with the value those projects retain at resale in 100 US Markets and more specifically the Pacific region.
2016 TRENDS
Bigger and more expensive projects, rising new-home prices, curb appeal, and energy efficiency all contributed to a slight gain in remodeling projects’ payback at resale, the 2016 Cost vs. Value report shows.
The average cost and average return at resale for the 27 projects in this year’s report resulted in an average of 64.4% of a project’s investment dollars getting recouped if the home is sold within a year. That’s up from 62% in the 2015 report and the second-highest return in the past eight years.
Click here for more information about this year’s key trends
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