NAR Remodeling Report
Published December 18th, 2005 in Repair and RenovationThe National Association of Realtors has just published their 2005 Field Guide to Remodeling. It includes a plethora of links, articles, and reports with information on everything you need to know before starting a remodeling project.
One of the highlights is the Cost vs. Value Report, a detailed assessment of the return value on remodeling costs for different parts of your home. Here is a sample of the average nationwide return on investment for various projects:
- Deck addition - 90.3%
- Major kitchen remodel - 84.8%
- Bathroom remodel - 102.2%
- New roof - 84.7%
- Family room addition - 83%
- Master suite addition - 82.4%