Remodeling Costs: Exploring ROI of Remodel Projects
Home Remodeling & Return on Investment (ROI)—
Home remodeling is big business. It accounts for about 40% of all residential construction spending and about 2% of the US Economy.
From 2001 to 2005, spending on home remodeling grew 40% when it reached $215 billion in 2005. And 2006 is projected to reach over $230 billion in home remodeling expenditures according to the NAHB.
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So everyone wonders, “Is it worth the money to remodel my home?” Overall the answer is “Probably.”
The reason home improvement and remodeling is a $230 billion industry is … (Read the rest of this article and the entire series on how to get the best ROI on your home remodeling and improvement projects. )
EXCERPTED from ROI Series Introduction: Investing in Your Home Improvement,
By Bob Formisano, About.com








