Remodeling Impact Report reveals benefits to homeowners
The first-ever "Remodeling Impact Report" looks at the resale value and customer satisfaction of 12 interior and 8 exterior projects. The projects range from upgrades (a new HVAC system) to full-scale remodels (a new master suite). Members of NARI reviewed specs and provided cost estimates for each project. REALTORS reported that 3 interior projects and 2 exterior projects - all estimated to cost under $10,000 - provide the greatest cost recovery at resale.