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REMODELING Releases 2010- 2011 Cost vs. Value Report

Washington, DC (PRWEB) November 19, 2010

home addition

REMODELING has just released its 24th annual Cost vs. Value Report. The free 2010-2011 report covers 80 U.S. cities and is available for download at http://www.costvsvalue.com. The report contains data that compares construction costs for popular remodeling projects against the share of those costs recovered at resale. In addition to city data, the report includes tables with national and regional averages, as well as complete project descriptions, 3-D images and QuickTime movies for all 35 projects surveyed.

“We’re excited to include some new projects, as well as new interactive Web features in this year’s report,” said Sal Alfano, Editorial Director of REMODELING. “Recognizing that curb appeal continues to play a strong role in a home’s resale value, we added a Garage Door Replacement project to both the midrange and the upscale project lists.” Both projects rank high in their respective categories, for two main reasons: they are among the least expensive projects in the survey, and they improve curb appeal in a way that can affect a potential buyer’s first impression and, consequently, a home’s resale value.

3-D Google SketchUp renderings of these two new garage-door projects have also been added to this year’s Report. Like all of the other projects in the Cost vs. Value Report, you can click on the project name in the data tables, then “look around” just by moving the cursor inside the QuickTime movie player. You can also download the complete SketchUp model.

The comparison tool, which allows users to compare data with other cities, as well as to other years, now permits users to compare any two years from 2007 to 2010-11.

A preview of the national tables is included with this release. Any excerpts from these data tables must be attributed to Hanley Wood, LLC.

About REMODELING’s Cost vs. Value Report

Published for 24 years, REMODELING’s prestigious Cost vs. Value Report compares construction cost with resale value for popular home improvement projects in 80 U.S. markets. REMODELING magazine reaches 80,000 remodeling professionals who are the top influencers, specifers and purchasers of products and services in the $299 billion remodeling industry. Construction costs are provided by Hometech Information Systems (http://www.hometechonline.com), a remodeling estimating software company based in Bethesda, MD. Resale value data are aggregated from estimates provided by members of the National Association of Realtors (http://www.realtor.org) through an email survey broadcast by Realtor Magazine. Indianapolis-based Specpan, a market research company, hosts the web-based survey, collects and compiles the data, and provides pre-and post-survey consulting.

REMODELING’s 2010-11 Cost vs. Value Report – Preview

2010-11

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