Nationally, adding a pressure-treated wood plastic composite decking beat out most of the other remodeling projects examined in the study, as homeowners could expect to recoup, on average, 85.4 percent of its cost at resale. Upscale fiber-cement siding replacement had the highest national cost-recovery rate (88.1 percent).
An upscale composite deck had a somewhat smaller return nationally, at 77.6 percent. For comparison, a homeowner could expect to recoup 78.1 percent of the cost of a major midrange kitchen remodel.Regional averages vary depending on climate and market factors — and it's important to keep in mind that within regions there may be variations between states and even neighborhoods.
For both pressure-treated wood plastic floor, the lowest average return was in the East North Central region (71.7 percent and 68.9 percent, respectively). The highest return was in the Pacific region (108 percent and 98.4 percent, respectively), where some homeowners can even make money from adding a pressure-treated deck.The cost estimates for the various projects were provided by Bethesda, Md.-based HomeTech Information Systems , a designer of estimating software for remodelers. Costs for labor, material, subtrades, and contractor overhead and profit — adjusted for regional differences — were included in the estimates.
The estimated resale value of the improvements is based on information collected from more than 2,700 surveys returned by Realtors nationwide; respondents were directed to assume the remodeling wood plastic product had been completed recently. — Laurie Elden
没有评论:
发表评论