The "Cost vs. Value Report" published each year in conjunction with Remodeling magazine, gives you a guide on what various home projects will pay back at resale. The Cost data comes from Home Tech Information Systems which collects current cost information quarterly from a nationwide network of remodeling contractors and employs an adjustment factor to account for regional pricing variations.   

Construction cost figures include labor, material, sub-trades, and contractor overhead and profit. Resale values are aggregated from estimates provided by the National Association of Realtor members.   

The demand for and s where property values are rising very rapidly, but it can also occur when buyers regard certain types of remodeling projects as "standard".  The costs are based on midrange upgrade. Some remodeling job cost figures may appear too high or too low possibly due to the leveling effect of averaging.  The demand for and cost of remodeling services can vary greatly within a given metro.

Ron Gorman, Realtor Coldwell Banker Gundaker St. Louis Office 4320 Hampton Ave  St. Louis, MO  63109 Office: (314) 351-6005 Cell: (314) 570-5125 Fax: (314) 667-3016 Email: info@stlcityhomes.com