Washington, D.C. (November 16, 2012) – REMODELING Magazine will publish the 26th annual Remodeling Cost vs. Value Report January 7, 2013 at www.costvsvalue.com . The REMODELING editorial team moved the report from late November to the beginning of the year to leave the survey in the field longer, which will allow more Realtors to take part. The sought-after report contains data that compares construction costs for popular remodeling projects against the share of those costs recovered at resale. “Lots of remodeling projects start in the spring, but many homeowners start to get serious about a project after the holidays,” said Sal Alfano, editorial director of Hanley Wood’s Residential Remodeling Group.
The 26th annual Remodeling Cost vs. Value Report will cover 35 of the most popular home remodeling and renovation projects in 81 U.S. cities and will be available for download at www.costvsvalue.com.
In 2012, the three remodeling projects with the highest return were 1) Fiber Cement Siding Replacement; 2) Entry Door Replacement; and 3) Attic Bedroom Remodel, followed by minor kitchen remodels, garage door and window replacements. The report was integral to the Home for Life 2012 virtual show home presented at The Remodeling Show. Home for Life 2012 showcases how to remodel to both save money and age in place throughout the retirement years.
A Remodeling Cost vs. Value iPhone app is available at the AppStore and will be updated with new data in January.
About REMODELING’s Cost vs. Value Report
Published for 25 years, REMODELING’s prestigious Cost vs. Value Report (www.costvsvalue.com) compares construction cost with resale value for popular home improvement projects in 81 U.S. markets. REMODELING magazine reaches 85,000 remodeling professionals who are the top influencers, specifiers and purchasers of products and services in the $299 billion remodeling industry. Construction costs are provided by RemodelMax, a remodeling estimating software company. Resale value data are aggregated from estimates provided by members of the National Association of Realtors through an email survey broadcast by Realtor Magazine. Indianapolis-based The Farnsworth Group, a market research company, hosts the Web-based survey, collects and compiles the data, and provides pre-and post-survey consulting. Follow more remodeling trends at www.remodelingmag.com.
About Hanley Wood
Hanley Wood, LLC is the premier media, information and marketing services company serving the residential, commercial design and construction industries. Through its operating platforms, the company produces award-winning digital and print publications, e-Newsletters, websites, marquee trade shows and events, market intelligence data and custom marketing solutions. The company also is North America's leading publisher of home plans.