Every year Remodeling Magazine releases its Cost Vs. Value Report, which provides data on how 22 popular remodeling projects are retaining their value throughout the country. We like to report the findings here on our blog for the local Grand Rapids market and compare it to the national results. For 2022, we found that the top 5 projects were in identical order to 2021s results for our local market and they closely follow the national averages. To arrive at the average job costs, the studies are broken down by geographic area and look at the average cost to complete each project type by a professional remodeler. Here are the findings from this year's Cost Vs. Value Report.
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Exterior Renovations & Minor Kitchen Remodels Pull the Biggest Return on Investment in Grand Rapids.
Every year Remodeling Magazine releases its Cost Vs. Value Report, which provides data on how 22 popular remodeling projects are retaining their value throughout the country. The studies are broken down by geographic area and look at the average cost to complete each project type by a professional remodeler. We study it annually to see which renovations have the top recoup value in the Grand Rapids area. In years past, this report has come out in January, but this year it wasn’t released until last week!
2020 Cost Vs. Value Report - Minor Kitchen Remodels & Universal Design Baths Rank High
Every year Remodeling Magazine releases its Cost Vs. Value Report, which provides data on how 22 popular remodeling projects, ranging from bathroom additions to siding replacement, are retaining their value throughout the country. The studies are broken down by geographic area and are based on professional remodelers completing the renovations. We study it annually to see which projects have the top recoup value in the Grand Rapids area.
Every year Remodeling Magazine releases its Cost Vs. Value Report, which provides data on how 22 popular remodeling projects, ranging from bathroom additions to siding replacement, are retaining their value throughout the country. The studies are broken down by geographic area and are based on professional remodelers completing the renovations. We study it annually to see which projects have the top recoup value in the Grand Rapids area.
Recoup Values are Over 100% on Two Upscale Curb Appeal Renovations in Grand Rapids.
Wow we have to say we were surprised when we checked out Remodeling Magazine’s Cost Vs. Value Report for 2018. Every year when the report is released, we study it to see which projects have the top recoup value in the Grand Rapids area and this year there are two curb appeal renovations that have a return above the initial investment amount! For as many years as we’ve been blogging about this report, we’ve never seen values at 100% or more.
Master Suite Addition and Major Kitchen Remodels Rank High for Grand Rapids in Remodeling’s 2017’s Cost Vs. Value Report.
Every year when Remodeling Magazine releases its newest Cost Vs. Value Report we study it to see which projects have the top recoup value in the Grand Rapids area. This annual report compares how popular remodeling projects are retaining their value at re-sale throughout the country. The studies are broken down by geographic area and are based on professional remodelers completing the renovation.
It’s that time of year again. Remodeling Magazine has just published its 2016 Cost Vs. Value Report, an annual report that compares how popular remodeling projects are retaining their value at re-sale throughout the country. We know that remodeling your home requires the commitment of time and thoughtful budgeting and the return on your investment is important. Making improvements today allows you to stay in your current home while the value of your whole house improves overtime. Not to mention, the pride you’ll have in your updated spaces!