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TAR's most, lease profitable home remodels for HoustonTAR's most, lease profitable home remodels for Houstonhttps://www.recenter.tamu.edu/news/newstalk-texas/?Item=10572015-05-12T11:17:00Z2015-05-12T00:00:00Z

HOUSTON - 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.

Home remodeling projects in Houston were less profitable across the board in 2014, with all projects losing recoup cost value from the year prior. Recoup costs ranged from 86.6 percent and 47.4 percent.

Stone veneer accents were the most profitable project, recouping 86.6 percent of the project cost, while bathroom additions were the least profitable, recouping only 47.4 percent.

Here are the top and bottom projects, ranked by recoup cost:

Top, bottom projects by recoup cost
Top five projects Bottom five projects
Project Cost
recouped
Project Cost
recouped
Stone veneer accent 86.6% Bathroom addition 47.4%
Garage door replacement 79.1% Upscale bathroom remodel 47.9%
Entry door replacement (steel) 78.8% Upscale master suite addition 49.4%
Upscale siding replacement (fiber-cement) 75.0% Sunroom addition 51.9%
Basement remodel 73.9% Upscale deck addition (composite) 52.0%


Source: Texas Association of Realtors

Texas Association of REALTORS
Houston-The Woodlands-Sugar Land
Housing
https://www.recenter.tamu.edu/Pages/market-research.aspxRead more at {Source}

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