• Saturday, June 11th, 2011
If you are trying to decide which projects have the best return on investment, Remodeling Magazine
Cost vs Value report shows the top home renovations in 2010-2011 that might add value to your home. They are:
BASEMENT REMODEL
MAJOR KITCHEN REMODEL
GARAGE ADDITION
ATTIC BEDROOM
WINDOW REPLACEMENT (VINYL)
WINDOW REPLACEMENT (WOOD)
SIDING REPLACEMENT (VINYL)
MINOR KITCHEN REMODEL
DECK ADDITION (WOOD)
GARAGE DOOR REPLACEMENT
ENTRY DOOR REPLACEMENT (STEEL)…
Middle Atlantic — Midrange |
2010-11 National Averages |
| Job Cost | Resale Value | Cost Recouped | Project | Job Cost | Resale Value | Cost Recouped | Change
vs. 2009-2010 |
|---|---|---|---|---|---|---|---|
| $55,218 | $38,394 | 69.5% | Attic Bedroom | $51,428 | $37,142 | 72.2% |  |
| $15,587 | $7,027 | 45.1% | Backup Power Generator | $14,718 | $7,136 | 48.5% | |
| $69,106 | $40,215 | 58.2% | Basement Remodel | $64,519 | $45,186 | 70.0% | |
| $43,591 | $21,150 | 48.5% | Bathroom Addition | $40,710 | $21,695 | 53.3% | |
| $17,683 | $10,793 | 61.0% | Bathroom Remodel | $16,634 | $10,668 | 64.1% | |
| $15,987 | $10,212 | 63.9% | Deck Addition (composite) | $15,620 | $10,337 | 66.2% | |
| $11,205 | $7,944 | 70.9% | Deck Addition (wood) | $10,973 | $7,986 | 72.8% | |
| $3,690 | $2,095 | 56.8% | Entry Door Replacement (fiberglass) | $3,576 | $2,147 | 60.0% | |
| $1,279 | $1,243 | 97.2% | Entry Door Replacement (steel) | $1,218 | $1,243 | 102.1% | |
| $90,832 | $50,631 | 55.7% | Family Room Addition | $85,740 | $53,624 | 62.5% | |
| $63,785 | $34,053 | 53.4% | Garage Addition | $60,608 | $35,876 | 59.2% | |
| $1,368 | $1,061 | 77.6% | Garage Door Replacement | $1,291 | $1,083 | 83.9% |  |
| $29,944 | $12,907 | 43.1% | Home Office Remodel | $28,888 | $13,235 | 45.8% | |
| $60,710 | $38,214 | 62.9% | Major Kitchen Remodel | $58,367 | $40,126 | 68.7% | |
| $115,030 | $66,541 | 57.8% | Master Suite Addition | $108,090 | $68,146 | 63.0% | |
| $22,325 | $15,246 | 68.3% | Minor Kitchen Remodel | $21,695 | $15,790 | 72.8% | |
| $23,644 | $13,482 | 57.0% | Roofing Replacement | $21,488 | $12,780 | 59.5% | |
| $11,721 | $8,515 | 72.7% | Siding Replacement (vinyl) | $11,357 | $8,223 | 72.4% | |
| $78,140 | $35,052 | 44.9% | Sunroom Addition | $75,224 | $36,540 | 48.6% | |
| $171,895 | $104,286 | 60.7% | Two-Story Addition | $165,243 | $107,338 | 65.0% | |
| $11,688 | $8,033 | 68.7% | Window Replacement (vinyl) | $11,066 | $7,920 | 71.6% | |
| $12,691 | $8,822 | 69.5% | Window Replacement (wood) | $12,027 | $8,707 | 72.4% | |
Category: ARTICLES, HOME DIY, Selling Tips
| | Leave a Comment