Cost vs. Value

Whether you intend to sell or improve your home, understanding the value of your remodeling cost is vital. The chart below provides average costs for some of the most common remodeling projects and the estimated return you can expect in one year. Keep in mind that the return on investment is approximated - market conditions, your home’s current value and the quality of the project should be established prior to beginning your project. Should you wish to discuss a specific project, feel free to contact me.

 

*Information deemed reliable but not guaranteed.

Midrange Projects Job Costs Resale Value Cost Recouped
Remodel Kitchen 57,500 37,800 66%
Remodel Bathroom 16,500 10,300 62%
Bathroom Addition 40,100 20,500 51%
Vinyl Siding Replacement 11,700 8,200 70%
Vinyl Windows Replacement 11,300 7,700 68%
Roof Replacement 21,200 12,250 58%
Finish Basement 63,500 42,500 67%
Finish Attic to Bedroom 50,150 36,350 72%
Family Room Addition 83,100 50,000 60%
Master Suite Addition 106,200 62,900 59%
Wood Deck Addition 10,350 7,250 70%