Remodeling Magazine publishes an annual Cost vs. Value Report that includes cost data, resale value and percentage recouped at sale for common remodeling projects in major U.S. housing markets. Compare this figure to the amount your budget can allow you to spend. Be sure to factor in a 10 to 15 percent reserve and an additional four to six weeks for unforeseen issues that may arise such as undetected water leaks or termite damage.
The bottom line…How much does your remodel project allow you to spend?
