2009-2010 cost vs value report

The New Remodeling Magazine is out with the annual Cost vs Value Report.

One of the most common questions sellers and buyers ask me is:

"Should I remodel or add on to my house?

Is adding another bathroom going to be money I can recoup when I sell?"

Even today’s buyers that are buying at 2000 or before price levels, need

to be smart about home improvements if they think they will be moving

in the next 10 years. It is always intriguing that some areas of the

country value some home additions more or less than others.

This report gives an estimation of the return and an approximate cost of

several common remodels, additions and rehab projects in the home. It

is specific to different regions of the country.

Since we are from Grand Rapids Michigan we have directed you to that page

but you can navigate to other areas of the country from there. We hope this

article is helpful in the decision making process, if you are considering a

home remodel or addition.

As always, feel free to call me about specific questions for your specific area.

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The authors of the this blog write about Grand Rapids Real Estate, the Greater Grand Rapids MI area, and what it is like to live in West Michigan. Grand Rapids Michigan is a vibrant, growing metropolitan area with a diverse business community, great medical research & services, numerous universities, plus lively arts and entertainment of all kinds.

We believe: Grand Rapids is a Great Place to Live!