May 12, 2015
TAR’s most, lease profitable home remodels for San Antonio
SAN ANTONIO - The Texas Association of Realtors has released its 2015 edition of the Texas Remodel Valuation Report, which is based on data from the 2015 Cost vs. Value...
SAN ANTONIO – The Texas Association of Realtors has released its 2015 edition of the Texas Remodel Valuation Report, which is based on data from the 2015 Cost vs. Value Report by the National Association of Realtors and Remodeling magazine.
San Antonio was the only market in which one of the top remodeling projects of 2013 – backup power generator installation – remained on top. Backup power generators were the most profitable project in 2014, recouping 129.2 percent of the total project cost. Sunroom additions were the least profitable, recouping only 45.6 percent.
Here are the top and bottom projects, ranked by recoup cost:
Top five projects | Bottom five projects | ||
Project | Cost recouped | Project | Cost recouped |
Backup power generator | 129.2% | Sunroom addition | 45.6% |
Siding replacement (vinyl) | 99.5% | Home office remodel | 47.2% |
Stone veneer accent | 99.0% | Upscale master suite addition | 54.2% |
Upscale siding replacement (fiber-cement) | 88.6% | Upscale major kitchen remodel | 56.8% |
Upscale garage addition | 56.5% | Bathroom addition | 58.1% |
Source: Texas Association of Realtors
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