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% |
Home selling tips, advice, and resources. Whether you are a first time home seller an aspiring Real Estate Investor, or an experienced homeowner you will find useful information to help you sell your Minneapolis home, St. Paul home, and Twin Cities Real Estate Holdings. Home staging, condominiums, town homes, twin homes and multifamily homes in the Twin Cities Metro will sell faster if staged, marketed and priced properly.
Thursday, December 2, 2010
Cost vs Value
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