TAR's most, lease profitable home remodels for Houston | TAR's most, lease profitable home remodels for Houston | https://www.recenter.tamu.edu/news/newstalk-texas/?Item=1057 | 2015-05-12T11:17:00Z | 2015-05-12T00:00:00Z |
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
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