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Remodeling spending is increasing and currently up 30% from its lowest point, and single-family construction is showing signs of improvement, as well. According to recent data, a home improvement project that cost $50,000 in 2010 has now increased to $60,000-$70,000. The costs of materials and labor have grown, and in order to find the best deal, experts have given a few tips such as asking friends for referrals, deciding what your financial cut-off is, asking for your contractor’s opinion, and maybe most importantly, negotiate. More here
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