Remodeling, is it a good resale value?

Good Afternoon to all of my friends and neighbors.

I have found a article from Remodeling magazine's "Cost -vs- Value report". So before you start that new remodeling project make sure that it is worth the cost. Here are some projects you may be thinking about undertaking.

West South Central Region (Houston-Dallas)

Attic Bedroom Remodel
Job Cost - $40,123
Resale Value -$32,034
Cost Recouped -79.8%
$46,691- National Average Job Cost
$35,771- National Resale Value

Back-Up Power Generator
Job Cost -$12,052
Resale Value -$8,198
Cost Recouped -68%

$13,357- National Average Job Cost
$7,748 - National Resale Value

Bathroom Addition
Job Cost -$32,482
Resale Value -$24,558
Cost Recouped -75.6%
$37,202 -National Average Job Cost
$24,553 -National Resale Value

Bathroom Remodel
Job Cost - $14,044
Resale Value - $12,766
Cost Recouped - 90.9%
$15,789 - National Average Job Cost
$12,366 - National Resale Value

Deck Addition- Wood
Job Cost -$9,182
Resale Value -$7,859
Cost Recouped -85.6%
$10,347 -National Average Job Cost
$8,835 -National Resale Value

Family Room Addition
Job Cost -$70,029
Resale Value -$50,042
Cost Recouped -71.5%
$78,989 -National Average Job Cost
$54,148 -National Resale Value

I have given you just a handful of the projects and what they may add to value of your home. If you found this information helpful please let me know, click on the response tab or email me. If you are interested in learning more I will post more projects and there values by the end of the week. Thanks and have a great day!

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I look forward to exceeding your service expectations in 2009.

Your Neighbor,
Brian Taylor

Winner of Coldwell Banker Sterling Society Award
Winner of Coldwell Banker Diamond Society Award
Ranked in Top 100 Listing Agents CB United -Texas
Multi-Million Dollar Producer

(832) 722-1756
bmtaylor@cbunited.com