TAR: 2015 Texas Remodel Valuation ReportTAR: 2015 Texas Remodel Valuation Reporthttps://www.recenter.tamu.edu/news/newstalk-texas/?Item=10742015-05-08T14:42:00Z2015-05-08T09:30:00Z

TEXAS - The Texas Association of Realtors has released the 2015 edition of its Texas Remodel Valuation Report.

The report is based on data from the 2015 Cost vs. Value Report by the National Association of Realtors and Remodeling magazine.

The most profitable remodeling projects:

  • those that boosted a home’s curb appeal.
  • Steel entry door and garage door replacements ranked among the top five projects in most markets, recouping up to 113.2 percent and 107.6 percent of recoup costs, respectively.
  • Backup power generators — the most profitable project in the 2014 report — remained a top project in only two markets yet still recouped up to 129.2 percent of project costs.

Projects that maximized a home’s existing sf and sustainability continued to be popular in 2014, but less so than in 2013.

Basement remodels recouped up to 98 percent of project costs, but attic bedroom additions — popular in 2013 — were no longer a top project. 

Unprofitable projects included sunroom additions, home office remodels and master suite additions, according to the report.

Texas Association of REALTORS
https://www.recenter.tamu.edu/Pages/market-research.aspxRead more at {Source}

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