Thursday, December 2, 2010

Cost vs Value

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 16- by 25-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,  Cost vs. Value

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