As the report deals only with averages, it is still possible for individual remodeling projects to
yield positive returns. A wooden
deck added to a mid-range house
on the Pacific coast, for instance,
will add more value than the construction costs nearly half of the time. Even the most wasteful of the
projects analyzed by the study, such
as the addition of a sunroom or a backup power generator, are bound to reap a profit in rare instances. Also, remodeling projects are more likely to be profitable in houses that are inexpensive for their neighborhood. But, by and large, remodeling projects should be undertaken to improve quality of life for household occupants, not strictly as monetary investments. While you will lose more than a third of what you put into a family room addition, for instance, maybe your family will enjoy the addition enough to more than counter its expense.