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News Articles for the Texas Coast Market

Texans recoup remodel costs at higher costs than U.S.

April 9, 2014 By Michael Stuart

InnovationsThe 16th annual Cost vs. Value Report out this month showed that Texans recouped more than the national average on home improvement projects when selling their homes, and that changing weather patterns are affecting what remodel projects homeowners choose to invest in.

Texans saw an average 76.4 percent cost-value ratio on remodeling projects, while U.S. homeowners got a 66 percent return on investment on home improvements. But the addition of a backup power generator, a project averaging nearly $12,000, jumped 28 percent in estimated added resale value to recoup 67.5 percent of its cost in 2013, the report showed.

The report attributed “unpredictable weather and multiple large storms” for the project’s rise in popularity — not surprising to those of us living on the coast. This is a cool link for tracking blackouts: http://powerquality.eaton.com/blackouttracker/default.asp

Read more 2013-14 Cost vs. Value: Remodeling Pays Off Big Time

Filed Under: Real Estate Tagged With: Texas

About Michael Stuart

Mike's experience in the technology industry is quite extensive, serving both as a designer of complex enterprise applications and as a corporate executive. In his previous life, Mike was founder and CEO of AssetWorks Inc. the industry leader in facility management solutions. Currently living on the Texas coast helping with digital strategies using Amplified Content Marketing.

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