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Texas home remodeling projects grew more profitable, popular in 2013

Texas REALTORS® releases the 2014 Texas Remodel Valuation Report

2014年4月1日-奥斯汀

Home remodeling projects in the major cities of Texas grew increasingly profitable and popular in 2013, 根据 2014 Texas Remodel Valuation Report released today by the Texas REALTORS®.

丹哈特菲尔德, chairman of the Texas REALTORS®, 评论, “All aspects of Texas real estate are strong, including the home-remodeling market. As demand for Texas homes continues to rise, homeowners and sellers can significantly contribute to their home’s resale value through small projects and smart additions.”

的 report analyzed the project recoup costs and recoup cost growth in 2013 for over 20 different remodeling projects nationwide, 在美国中南部.S., and in Austin, Dallas, El Paso, Houston and San Antonio.

All five Texas markets except San Antonio showed significant gains in project recoup costs in 2013. 重构 trends, however, were evident statewide. 在所有市场, 小, functional remodeling projects showed greater increases in recoup costs than upscale, 不太实际的项目.

Smaller projects that boost a home’s curb appeal continued to be popular in most markets. Steel entry door repla水泥s, 例如, ranked No. 1 for total recoup cost nationwide, in the west south central U.S., and in Houston, recouping up to 105.5% of the total project cost.

除了, projects that increased a home’s livable square footage using existing spaces showed significantly higher recoup cost values and growth in 2013. Basement remodels ranked in the top five for recoup cost in four of the five major cities in Texas, 补偿高达99.6% of the total project cost.

相反, costly room additions and upscale remodeling projects were among the least profitable projects. 日光浴室增加, 例如, ranked in the bottom five for recoup cost in five Texas metro areas, recouping a maximum of 61.3% and as little as 38% of the total project cost.

“Texas homebuyers want a home that not only meets their family’s needs but maximizes existing square footage and functionality,哈特菲尔德补充道。. “But with a competitive housing market in many of the Texas metro areas, more homebuyers are willing to do remodeling projects once they purchase a home instead of waiting for that perfect home to come along.”

Major renovations were popular in more functional rooms such as kitchens and bathrooms. Kitchen remodeling projects ranked in the top five for recoup cost growth in all five Texas metro areas, 补偿高达143.9% of the total project cost.

最后, projects that increased a home’s sustainability showed significantly higher recoup cost values and growth in 2013. Backup power generators ranked No. 1 for recoup cost growth in Austin, El Paso, and Houston—including a 105.1% gain in recoup cost in El Paso. 除了, 天然材料(木材), 水泥, steel) led to a significantly higher recoup cost than synthetic, plastics-based materials (composites, 乙烯基).

About the Texas Remodel Valuation Report

的 Texas Remodel Valuation Report is based on survey data from the 成本与. 价值报告 by the National Association of REALTORS® and 重构 杂志. Texas REALTORS® distributes insights about the Texas housing market each month, including quarterly market statistics, trends among homebuyers and sellers, 豪宅销售, international trends and more.