Cost to Value Remodeling Report 2010
This link should get you to the new Hanley Wood Remodeling Cost to Value report:
http://ads2000.hw.net/C/CVV2010_final/index.html#/0_0/
It's important to know when undertaking a remodeling project that the money you spend will not be reflected dollar for dollar in the price you might command for the finished product. Especially lately, replacement cost has been virtually eliminated from the appraisal process and banks are relying almost entirely on market factors, including foreclosures and short sales, to determine value. But remodeling something outdated can get your home noticed, and make it so much easier to sell, if not for more money, perhaps in less time.
http://ads2000.hw.net/C/CVV2010_final/index.html#/0_0/
It's important to know when undertaking a remodeling project that the money you spend will not be reflected dollar for dollar in the price you might command for the finished product. Especially lately, replacement cost has been virtually eliminated from the appraisal process and banks are relying almost entirely on market factors, including foreclosures and short sales, to determine value. But remodeling something outdated can get your home noticed, and make it so much easier to sell, if not for more money, perhaps in less time.
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