Cost vs Value Analysis for Remodeling Your Home

Remodeling Magazine just put out it’s annual cost vs value report for 2011 -2012. Click here to see the breakdown for the Chicago area.

Remodeling Magazines Cost vs Value Remodeling Report for Chicago

For those numbers crunchers out there trying to determine whether to go ahead on a remodeling project I would like to offer this great analysis from the trade publication Remodeling Magazine. The article offers an excellent analysis of cost vs value for various remodeling projects many homeowners may be considering for there home. The data shown in the attached report is for the Chicago Illinois area however the full article offers data for the entire United States and can be found on the Remodeling Magazine web site.

My conclusion after reading these statistics is that remodeling your home if done right is still a good investment especially when factoring in two very important factors. One an updated ready to move into home can bring more value and shorter listing time making it much easier for the seller to maximize their equity. The second, as a kitchen and bath professional I be those statistics can be improved on by prudent decisions and hiring the right professional.

Background:

DDS Design Services – originator of the Reasonably Green concept – offers high quality materials and Eco-friendly options not usually found in a typical retail environment or contractor supply house. With an emphasis on the following:

  • Planning and Budgeting – Part of a good design is an accurate budget that details all material and labor needed to complete the project.
    * Remember knowing how much you want to spend is not a budget it is a spending wish. Knowing how you are going to spend that amount on a per item basis is a budget!
  • Making our clients aware of green “Eco-friendly” options that are durable and make sense financially.
  • Reliable Resource – DDS Design Services and the “Ask The Kitchen Guy” blog have been a resource for newspapers, magazines and radio programs throughout the greater Chicago area. Many clients have found our free kitchen planner and measuring form indispensable.

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