Philippines Remodel Contractor
Each year since 1988, Philippines remodel contractor remodeling has compared construction costs for common remodeling projects with the value they add at resale in 60 U.S. housing markets. This year's report has all 15 legacy projects (formerly, 10 were surveyed each year in rotation), plus the "upscale" versions of five projects introduced two years ago. New this year are upscale versions of roofing and siding replacement projects.
Cost data for the report come from a remodeling Philippines remodel contractor estimating software company 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 ("cost recouped" in the tables) are aggregated from Philippines remodel contractor estimates provided by members of the National Association of Realtors. E-mail surveys containing construction costs and median home price data for each city were sent to more than 20,000 appraisers, sales agents, and brokers, yielding data from more than 1,600 respondents (an 8 percent response rate).
If some cost figures appear too high or too low, one cause is the leveling effect of averaging. High demand for remodeling services Philippines remodel contractor in some parts of a given metro area may drive prices up, but this is often countered by lower demand--and lower prices--in another part of the same city. Also, seemingly small differences in size, scope, or quality of finishes can dramatically affect final project cost.
Averaging also affects the "value" side of the equation. In an actual real estate transaction, the amount recouped for a given remodeling project Philippines remodel contractor depends on the condition of the rest of the house, as well as the value of similar homes nearby and the rate at which property values are changing in the surrounding area. Location in an urban, suburban, or rural setting will also affect a home's value, as will the availability and pricing of new and existing homes in the immediate vicinity.
In some cases, the value of the remodeling project Philippines remodel contractor at resale is more than 100 percent of its original cost. This usually happens in markets where property values are rising very rapidly, but it can also occur when buyers regard certain types of remodeling projects as "standard."
For more info about Philippines remodel contractor;
(For Manila and surrounding) American Design Construction#92 Ordoņez St. corner Maroon St.Concepcion Dos, Marikina City |
(For Cebu, Bohol, Negros, Leyte) ET & p Design & Construction #888 Katugasan, Casili Consolacion, Cebu |
(For Baguio and surrounding) RA Gacoscos Construction #99 Greenwater Village Baguio City, Philippines See website |
(For Davao / Mindanao) Raul G. Anuada (Realtor & Civil Engineer) Unit 162, 16/F Landco PDCP Corporate Center J.P. Laureal Ave., Bajada Davao City |
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