Selected remodeling projects with average estimated percentage of costs recovered when home is sold.
PROJECT
Deck addition (wood) Build a 16-by-20-foot deck, including a built-in bench, planter, stairs and rail system.
COST - $10,347
AMOUNT RECOUPED - 85.40%
PROJECT
Siding replacement Replace 1,250 square feet with new vinyl siding, including trim.
COST - $9,910
AMMOUNT RECOUPED - 83.20%
PROJECT
Minor kitchen remodel Includes new laminated countertops and fronts for 30 linear feet of cabinetry, oven, cooktop, sink and faucet, flooring.
COST - $21,185
AMOUNT RECOUPED - 83%
PROJECT
Window replacement wood Replace 10 3-by-5-foot double-hung windows with new insulated windows.
COST - $11,384
AMOUNT RECOUPED - 81.20%
PROJECT
Bathroom remodel Includes new tub and tiling, solid-surface counter and sink, recessed medicine cabinet, vinyl wallpaper.
COST - $15,789
AMOUNT RECOUPED - 78.30%
PROJECT
Basement remodel Includes a 5-by-8-foot bathroom and a wet bar with under-counter refrigerator.
COST - $59,435
AMOUNT RECOUPED - 75.10%
PROJECT
Two-story addition A 24-by-16-foot wing including family room with prefabricated fireplace and a bedroom with full bath.
COST - $139,297
AMOUNT RECOUPED - 73.90%
PROJECT
Master suite addition A 24-by-16-foot bedroom with walk-in closet and bathroom with shower and raised whirlpool tub.
COST - $98,863
AMOUNT RECOUPED - 69%
PROJECT
Sunroom addition Build a 200-square-foot room with 10 large skylights, casement windows with movable shades and quarry tile floor.
COST - $69,817
AMOUNT RECOUPED - 59.10%
PROJECT
Home office remodel Convert a 12-by-12-foot room with custom cabinetry including 20 linear feet of laminated desktop, computer workstation, wall storage and rewiring for computer, telephone and other electronics.
COST - $27,193
AMOUNT RECOUPED - 57%
Source: Remodeling 2007 Cost vs. Value Report. Cost data from HomeTech Information Systems; includes labor. Recoup values are based on a 2007 survey of 2,700 members of the National Association of Realtors.
Monday, February 4, 2008
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