Cost vs Value Remodeling Projects Reports
Cost vs Value Remodeling Projects Reports
to download file.
Have you ever thought - if I remodeled...will I get any return on the improvements? We all know that one of the most important thing is, are you going to stay in the home long enough to enjoy it? If the answer is yes - than it does make a huge difference! Otherwise the answer depends on the project. As we have heard over the years, that if you do upgrading to kitchen and baths that it has the most payback. Many times that is so true because those tend to be very important rooms in the house!
In the 2010-2011 Cost vs Value Report that came out in the Remodeling Magazine, it shows in regional sections of the country, 35 different remodeling projects what the projected costs are along with the potential resale value and cost percentage that could be recouped from the upgrade. It was interesting data that came from it!
I have a report specific to our Kansas City metro area. Just fill out the form - above in the blue box to get the cost vs value button! It will be on it's way to you!!
2011-12 National Averages
| Midrange Projects |
| Project | Job Cost | Resale Value | Cost Recouped | Change vs. 2010-11 |
|---|---|---|---|---|
| Attic Bedroom | $50,148 | $36,346 | 72.5% |  |
| Backup Power Generator | $14,760 | $7,009 | 47.5% |  |
| Basement Remodel | $63,378 | $42,338 | 66.8% | |
| Bathroom Addition | $40,096 | $20,455 | 51.0% | |
| Bathroom Remodel | $16,552 | $10,293 | 62.2% | |
| Deck Addition (composite) | $15,579 | $9,780 | 62.8% | |
| Deck Addition (wood) | $10,350 | $7,259 | 70.1% | |
| Entry Door Replacement (fiberglass) | $3,536 | $1,990 | 56.3% | |
| Entry Door Replacement (steel) | $1,238 | $903 | 73.0% | |
| Family Room Addition | $83,118 | $50,004 | 60.2% | |
| Garage Addition | $57,824 | $33,089 | 57.2% | |
| Garage Door Replacement | $1,512 | $1,087 | 71.9% | |
| Home Office Remodel | $27,963 | $11,983 | 42.9% | |
| Major Kitchen Remodel | $57,494 | $37,785 | 65.7% | |
| Master Suite Addition | $106,196 | $62,874 | 59.2% | |
| Minor Kitchen Remodel | $19,588 | $14,120 | 72.1% | |
| Roofing Replacement | $21,204 | $12,257 | 57.8% | |
| Siding Replacement (vinyl) | $11,729 | $8,155 | 69.5% | |
| Sunroom Addition | $74,310 | $34,133 | 45.9% | |
| Two-Story Addition | $165,796 | $103,391 | 62.4% | |
| Window Replacement (vinyl) | $11,319 | $7,692 | 68.0% | |
| Window Replacement (wood) | $12,229 | $8,258 | 67.5% | |
| Upscale Projects |
| Project | Job Cost | Resale Value | Cost Recouped | Change vs. 2010-11 |
|---|---|---|---|---|
| Bathroom Addition | $76,209 | $40,061 | 52.6% | |
| Bathroom Remodel | $52,249 | $28,972 | 55.5% | |
| Deck Addition (composite) | $37,829 | $20,637 | 54.6% | |
| Garage Addition | $86,347 | $44,987 | 52.1% | |
| Garage Door Replacement | $2,994 | $2,129 | 71.1% | |
| Grand Entrance (fiberglass) | $7,488 | $4,554 | 60.8% | |
| Major Kitchen Remodel | $110,938 | $63,731 | 57.4% | |
| Master Suite Addition | $227,178 | $114,822 | 50.5% | |
| Roofing Replacement | $37,481 | $20,435 | 54.5% | |
| Siding Replacement (fiber-cement) | $13,461 | $10,493 | 78.0% | |
| Siding Replacement (foam-backed vinyl) | $14,274 | $9,937 | 69.6% | |
| Window Replacement (vinyl) | $14,328 | $9,898 | 69.1% | |
| Window Replacement (wood) | $18,999 | $12,175 | 64.1% | |
2010-11 National Averages
| Midrange Projects |
| Project | Job Cost | Resale Value | Cost Recouped | Change vs. 2009-10 |
|---|---|---|---|---|
| Attic Bedroom | $51,428 | $37,142 | 72.2% |  |
| Backup Power Generator | $14,718 | $7,136 | 48.5% | |
| Basement Remodel | $64,519 | $45,186 | 70.0% | |
| Bathroom Addition | $40,710 | $21,695 | 53.3% | |
| Bathroom Remodel | $16,634 | $10,668 | 64.1% | |
| Deck Addition (composite) | $15,620 | $10,337 | 66.2% | |
| Deck Addition (wood) | $10,973 | $7,986 | 72.8% | |
| Entry Door Replacement (fiberglass) | $3,576 | $2,147 | 60.0% | |
| Entry Door Replacement (steel) | $1,218 | $1,243 | 102.1% | |
| Family Room Addition | $85,740 | $53,624 | 62.5% | |
| Garage Addition | $60,608 | $35,876 | 59.2% | |
| Garage Door Replacement | $1,291 | $1,083 | 83.9% |  |
| Home Office Remodel | $28,888 | $13,235 | 45.8% | |
| Major Kitchen Remodel | $58,367 | $40,126 | 68.7% | |
| Master Suite Addition | $108,090 | $68,146 | 63.0% | |
| Minor Kitchen Remodel | $21,695 | $15,790 | 72.8% | |
| Roofing Replacement | $21,488 | $12,780 | 59.5% | |
| Siding Replacement (vinyl) | $11,357 | $8,223 | 72.4% | |
| Sunroom Addition | $75,224 | $36,540 | 48.6% | |
| Two-Story Addition | $165,243 | $107,338 | 65.0% | |
| Window Replacement (vinyl) | $11,066 | $7,920 | 71.6% | |
| Window Replacement (wood) | $12,027 | $8,707 | 72.4% | |
| Upscale Projects |
| Project | Job Cost | Resale Value | Cost Recouped | Change vs. 2009-10 |
|---|---|---|---|---|
| Bathroom Addition | $78,409 | $41,562 | 53.0% | |
| Bathroom Remodel | $53,759 | $30,738 | 57.2% | |
| Deck Addition (composite) | $38,382 | $22,154 | 57.7% | |
| Garage Addition | $90,053 | $48,278 | 53.6% | |
| Garage Door Replacement | $3,545 | $2,476 | 69.8% | |
| Grand Entrance (fiberglass) | $7,700 | $4,979 | 64.7% | |
| Major Kitchen Remodel | $113,464 | $67,746 | 59.7% | |
| Master Suite Addition | $232,062 | $122,370 | 52.7% | |
| Roofing Replacement | $38,022 | $21,120 | 55.5% | |
| Siding Replacement (fiber-cement) | $13,382 | $10,707 | 80.0% | |
| Siding Replacement (foam-backed vinyl) | $13,973 | $10,119 | 72.4% | |
| Window Replacement (vinyl) | $14,284 | $10,368 | 72.6% | |
| Window Replacement (wood) | $18,226 | $12,303 | 67.5% | |
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