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It doesn’t pay to remodel your home

Posted on 17 November 2010

From CNNMoney.com: Looking to spruce up your home and wondering what will give you the most bang for your buck at resell time? Install new fiber-cement siding. That cost an average of $13,382 and returned 80% of the investment, according to Remodeling magazine’s 2010 Remodeling Cost vs. Value survey, done in partnership with the National Association of Realtors (NAR).
Like every other renovation job though, it returned a lower percentage of its costs in added home value this year than it did in 2009……………………………………….Full Article: Source


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Laxman - who has written 28515 posts on Opalesque Real Estate Briefing.


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