May 11, 2015
TAR’s most, lease profitable home remodels for Austin
AUSTIN - 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...
AUSTIN – 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 Austin had the greatest overall recoup costs among Texas’s five major cities. Stone veneer accents were the most profitable project, recouping 123.7 percent of the total project cost. Sunroom additions were the least profitable, recouping only 51.8 percent of the cost.
Here are the top and bottom projects, ranked by recoup cost:
Top five projects | Bottom five projects | ||
Project | Cost Recouped | Project | Cost Recouped |
Stone veneer accent | 123.7% | Sunroom addition | 51.8% |
Deck addition (wood) | 116.0% | Upscale garage addition | 61.7% |
Entry door replacement | 113.2% | Home office remodel | 62.2% |
Window replacement (wood) | 108.1% | Upscale master suite addition | 67.9% |
Garage door replacement | 107.6% | Upscale deck addition (composite) | 69.4% |
Source: Texas Association of Realtors
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