Check Out This Article from Remodeling Magazine! Click the Link Below!
The results of the 2008–09 Cost vs. Value Report from Remodeling Magazine are available and according to them surprising results.
"A sluggish real estate market, and an increasing number of foreclosures while our survey was in the field this summer, led us to expect that the ratio of a remodeling project’s cost to the value it retains at resale would drop substantially more than the 8.02% (6.1 points) decline experienced in 2007."
http://www.remodeling.hw.net/remodeling-market-data/remodeling-cost-vs-value-report-2008-09.aspx
