July 31, 2014

Cost vs. Value

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Cost vs. Value

Which home upgrades will score big with buyers? REALTORS® in 101 markets across the country judge the effects of 35 home improvement projects on sales prices in Remodeling magazine's annual Cost vs. Value Report, done in cooperation with REALTOR® Magazine.

Last year's report revealed that updating the outside of a home pays off. This year, real estate professionals again ranked exterior improvement projects as winning the buyers’ eye and providing sellers with the most return on investment. This is the second year in a row that all 35 projects in the report saw more home improvement dollars recouped upon resale of a home than the previous year.

More than 4,500 NAR members participated in the information-gathering online survey between August and October 2013. Also of significance this year, the survey expanded to 101 U.S. metro markets, up from 81 last year, giving a more complete picture of remodeling trends nationwide. Read about the report in our article, "2013-14 Cost vs. Value: Remodeling Pays Off Big Time," and share this valuable information with your clients.

Reports by Year: