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Remodeling & Renovations Value To Cost Analysis

 

The table below provides an indication of the return on investment for remodeling and additions to your home. As prices vary from state to state, use these estimates as guides only. The key here is to get a better understanding on the likely return on investment in different areas of your home.

Return On Investment : Value To Cost Analysis

Renovation 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%

 

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