Project Cost vs.Value


  Homepage     Services  About Us

Popular Remodeling Projects

Cost vs. Value

Updating and remodeling kitchens and baths will add the most value to your home. In some instances, these projects could possibly return more than 100% of the cost if the home is sold within a year. If the home is kept longer, returns should increase, according to Remodeling magazine.

 

Job Cost

Resale Value

Cost
Recouped

Minor Kitchen Remodel
Replace cabinet doors, oven and cook top, laminate counter tops, sink, faucet and floor, repaint.

$8,568

$8,355

98%

 

 

 

 

Major Kitchen Remodel
Redesign kitchen, replacing all of the above, plus built in microwave, custom lighting, island.

$30,779

$37,432

122%

 

 

 

 

Bathroom Remodel
Update existing bath with new tub, toilet, vanity, medicine cabinet, lighting, tile.

$9,044

$10,082

111%

 

 

 

 

Bathroom Addition
Add a second bath to a house with 1 or 1.5 baths.

$13,779

$16,820

122%

 

 

 

 

Master Suite
In a house with 2-3 bedrooms, add a 24-foot by 16-foot master suite with walk-in closet, whirlpool tub, separate shower.

$42,398

$41,788

99%

 

 

 

 

Two-Story Addition
First-floor family room and second floor bedroom with full bath.

$72,817

$67,655

93%

 

 

 

 

Attic Bedroom
In a 2-3 bedroom house, convert unfinished attic space with bedroom and shower/bath.

$26,734

$31,440

118%

 

 

 

 

Family Room Addition
Add a 15- by 20-foot room with skylights, hardwood tongue-and-groove floor.

$30,650

$32,132

105%

 

 

 

 

Deck Addition
16'x20' deck of pressure-treated pine including built-in-bench, railings and planter.

$7,942

$6,595

83%

 

 

 

 

Replace Siding
1,250 square feet of new vinyl or aluminum siding and trim.

$5,099

$1,717

30%

 

 

 

 

Home Office
Convert existing room into office with custom cabinetry and rewiring for electronic equipment

$8,272

$5,597

68%

 

 

 

 

Replace Windows
10 new 3'x5' aluminum-clad windows with trim.

$7,456

$7,139

96%

Source: Remodeling magazine, November 1999 Cost vs. Value

                                   Homepage        About Us