Remodeling…Cost vs Value

Rising new-home prices, curb appeal, and energy efficiency all contributed to a slight gain in remodeling projects’ payback at resale, the 2016 Cost vs. Value report shows. Tile installation was the number one item one the list. The average cost and average return at resale for the 27 projects in this year’s report resulted in an average of 64.4% of a project’s investment dollars getting recouped if the home is sold within a year. That’s up from 62% in the 2015 report and the second-highest return in the past eight years. This year’s 64.4% deserves an asterisk... Learn More

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