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Bud Cline 10-26-2011 11:16 AM

Cost vs: Value
 
Here's an interesting report from Remodeling Magazine about Cost vs: Value when making improvements to your property.


http://www.remodeling.hw.net/2010/co.../national.aspx

DangerMouse 10-26-2011 11:19 AM

Darn good info there Bud! :wink:

DM

Bud Cline 10-26-2011 11:20 AM

Thank you.:laughing:

kwikfishron 10-26-2011 11:31 AM

I find the entry door replacement cost interesting.

How can a fiberglass door cost $2,358 more than a steel door? The installation is the same.

Bud Cline 10-26-2011 11:37 AM

I don't think the individual cost estimates is what one would look at or depend on for accuracy.

I have learned over the years that all of the cost-estimating-type books and guides such as Means and Blue Book can be way off from my local area numbers. Even after adjusting for regional averages.

The value I see in the report is basically the percentages. It is helpful in deciding which improvements have resale value and which ones don't.

I filtered the reports down to Omaha, and was surprised to see that an exterior deck offered more return (%) than remodeling a master suite.:)

creeper 10-26-2011 11:55 AM

I'm pretty sure the best return on your buck for resale would be paint and flooring

markbrian 11-25-2011 04:25 PM

Creeper is right about paint and flooring helping resale and is also the best bang for the buck.

Ron6519 11-26-2011 02:26 PM

Odd they don't mention a "Kitchen addition".


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