Are most home remodeling cost really recovered on sale? Folks will take their home’s purchase price, add the cost of all their home improvements and then compare this sum to their home’s sale price or current value. Oftentimes, it appears that building the new bathroom and putting in the new kitchen has greatly increased their home’s value.
But, in reality, remodeling is a terrible money loser. Consider a study in the November 2002 Consumer Reports. * To read the full post please visit the San Diego real estate blog. The exact page link is: http://www.brokerforyou.com/brokerforyou To subscribe to the San Diego real estate blog for free, our RSS feed is:
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