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TAR's most, lease profitable home remodels for McAllenTAR's most, lease profitable home remodels for McAllenhttps://www.recenter.tamu.edu/news/newstalk-texas/?Item=10832015-05-08T13:53:00Z2015-05-08T00:00:00Z

McALLEN - 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.

Remodeling projects were popular and profitable in McAllen in 2014. The five most profitable projects recoupedĀ an average 108.2 percent of the total project cost.

Stone veneer accents were the most profitable projects, recouping 119.4 percent of the project cost, while upscale garage additions were the least profitable, recouping only 53.9 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 % of cost
recouped
Project % of cost
recouped
Stone veneer accent 119.4% upscale garage addition 53.9%
Window replacement (vinyl) 116.5% sunroom addition 55.8%
Siding replacement (vinyl) 108.2% master suite addition 57.9%
Backup power generator 98.5% home office remodel 58.9%
Upscale window replacement (vinyl) 98.4% upscale bathroom remodel 62.8%


Source: Texas Association of Realtors

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

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