Renovations - Where do you get the best bang for your buck?

For the first time in three years, not one project makes a profit in the latest annual national survey of remodeling and repair project costs versus resale values. The average return on remodeling expenditures is lower than last year.

Every year Remodeling Magazine and Realtor Magazine team up to conduct a study that includes both construction costs and resale values, as determined by a survey of several hundred Realtors. study looks at the various value added of mid-range and up-scale projects, with the typical costs and value added. Over the years, the study has become the bible for contractors and real estate professionals to compare cost and value in changing market places.

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