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Remodeling Values
Certain Remodeling Projects will increase the livability and marketability of a home.
Some projects will actually increase the value of a home and allow an owner to recapture the cost of the updating or additions.
Project Job Cost ($) Resale Value ($) Cost Recouped (%) Variance
2003
2002
(%)
Rank
2004
2003
2002
Minor Kitchen Remodel 15,273 14,195 92.9 n/a
n/a
1
n/a
n/a
Siding Replacement 6,946 6,445 92.8 5.4
17.3
2
2
7
Bathroom Remodel Mid-Range 9,861 8,887 90.1 0.9
3.0
3
6
3
Deck Addition 6,917 6,917 86.7 -16.8
n/a
4
1
n/a
Bathroom Addition Mid-Range 86.7 18,226 86.4 -9.0
-8.3
5
3
1
Bathroom Remodel Upscale 25,273 21,629 85.6 -7.6
-6.0
6
5
2
Window Replacement Mid-Range 85.6 7,839 84.5 -0.3
14.6
7
8
12
Window Replacement Upscale 15,383 12,875 83.7 -3.7
8.7
8
7
9
Attic Bedroom 35,960 29,725 82.7 -10.9
n/a
9
4
n/a
Bathroom Addition Upscale 41,587 33,747 81.1 -3.7 10
Roofing Replacement 11,376 9,197 80.8 n/a
20.6
11
n/a
13
Family Room 52,562 42,347 80.6 -0.1
1.4
12
10
6
Major Kitchen Remodel Upscale 75,206 60,367 80.3 0.8
0.6
13
11
5
Master Suite Mid-range 70,245 56,257 80.1 4.9
6.6
14
14
11
Major Kitchen Remodel Mid-Range 42,660 33,890 79.4 6.0
19.4
15
15
14
Master Suite Upscale 134,364 104,200 77.6; 0.8
1.0
16
13
10
Basement Remodel 47,888 35,457 76.1 -4.0
-3.2
17
12
8
Sunroom Addition 31,063 22,002 70.8 n/a
n/a
18
n/a
n/a
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