For many families considering a remodeling project, a key question is always whether you'll be able to recoup the cost of the project if you sell your home.
According to the 2014 Remodeling Magazine Cost Vs. Value report, the overall trends are looking positive.
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According to the 2014 Remodeling Magazine Cost Vs. Value report, the overall trends are looking positive.
"For the second consecutive year, Cost vs. Value data show that the value of remodeling is up for all 35 projects included in the survey. This trend signals an end to the long slide in the cost-value ratio, which began to fall in 2006 and didn’t begin to rebound until last year (see, “Cost vs. Value 11-Year Trend”). For 2014, the cost-value ratio stands at 66.1%, a jump of 5.5 points over last year and the largest increase since 2005, when the ratio jumped 6.1 points to reach its high of 86.7%."
Click on this link for more details from the study.