Wednesday, December 6, 2006

Remodeling for resale

Washington/December 1, 2006/PRNewswire/ — The resale value of many remodeling projects has not kept pace with the costs of those projects, according to realtors and remodelers who recently participated in Remodeling magazine's 2006 "Cost vs. Value Report."

Results of the report, summarized in the December 2006 issue of REALTOR Magazine, show that prices for most remodeling projects continue to increase, though their resale value has decreased. This trend reflects a return to a more balanced real estate market in many areas of the country.

For more: News : Trends : Resale Value of Remodeling Projects Dips in Shifting Markets : HGTVPro.com

From HGTVPro e-newsletter

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