Room Additions Lead in Remodeling Projects
Americans spend more money annually on room additions than on any other home remodeling projects, according to Payless Cashways.
The firm, a building materials retailer headquartered here, says, “A room addition is a major investment, costing from $20,000 to $40,000 on the average, but it can pay for itself in increased value when the home is eventually sold.”
It called a recent study by the National Assn. of Home Builders that predicts consumers will spend $71 billion on residential alterations and repairs in 1985, up 12.7% from $63 billion in 1984.