Remodeling: When It's Worth the Cost

Is remodeling your home still worth the investment? Since refinancing isn't what it used to be, and because there are so many homes on the market, there's a new school of thought about remodels.

A recent article in CNNMoney said no, because remodeling your home now doesn't necessarily give homeowners the greatest of returns if they want to turn around and sell: Only 60 cents on the dollar, according to Remodeling Magazine's "Cost vs. Value" survey on remodels. But not everyone is convinced.