Have you been thinking about remodeling your home? Before you dive into that next home improvement project, you might want to check out the latest Cost vs. Value Report, researched and put together by Remodeling Online. The report gives the cost versus the resale value of many different common household remodels for all the regions in the United States.
For example, a major kitchen remodel has a national average pricetag of $55, 503 and an average resale value of $43, 363, which is a 78.1% price recoup.
To view the report in its entirety, visit http://www.costvsvalue.com/index.html.
Reprinted from REALTOR magazine by permission of the NATIONAL ASSOCiATION OF REALTORS. Copyright 2008. All rights reserved.