NAR Remodeling Report

Posted in Repair and Renovation on Dec 18, 2005

The 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%

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