Remodeling Magazine released the 26th annual Remodeling Cost vs. Value Report to the public this past January. It contains localized data from the Philadelphia region and compares construction costs of 35 popular remodeling projects against the resale value that these projects could add to your home. The results of this report present the homeowner with an estimate of how much of their cost is recouped at resale.
Read the report by clicking on the image to the right:
In 2013, the top three remodeling projects with the highest return rate are projected to be 1) Entry Door Replacement (steel); 2) Garage Door Replacement; and 3) Deck Addition (wood). As the cost of living continues to improve, the demand for housing will grow. The Remodeling Cost vs. Value report is a beneficial tool that can be utilized in your home-improvement decision-making to help you to determine the next best project for you and your home.
A Remodeling Cost vs. Value iPhone app is available for free download at the AppStore and has been updated with new data. See what your home-improvement project could be worth!
