The Cost vs. Value report is the result of interviews with 300 real estate salespeople and appraisers representing 60 different market areas. They were asked the precent of cost they thought would be recouped on each project if the house were sold within a year.
Minor Kitchen remodeling: Cost: $2,000.00-14,300.00 Resale Value: $1,800.00-13,442.00 Cost Recouped 94%
Major Kitchen remodeling: Cost: $42,112.00 Resale Value: $28,000.00 Cost Recouped 66.5%
Two-story addition: Cost: $65,552.00 Resale Value: $45,240.00 Cost Recouped 69%
Bathroom addition: Cost: $14,481.00 Resale Value: $9,600.00 Cost Recouped 66.3%
Bathroom remodel: Cost: $9,982.00 Resale Value: $7,300.00 Cost Recouped 73.1%
Master suite addition: Cost: 66,830.00 Resale Value: $45,000.00 Cost Recouped 67.3%
Family Room addition: Cost: $50,916.00 Resale Value: $35,000.00 Cost Recouped 68.7%
Attic Bedroom: Cost: $30,865.00 Resale Value: $15,000.00 Cost Recouped 48.6%
Exterior painting: Cost: $8,069.00 Resale Value: $5,800.00 Cost Recouped 72%
Add a fireplace: Cost: $3,000.00 Resale Value: $2,250,00 Cost Recouped 75%
Build a deck: Cost: $6,516.00 Resale Value: $2,900.00 Cost Recouped 44.5%
Finish basement: Cost: $10,000.00-20,000.00 Resale Value: $5,000.00-$10,000.00 Cost Recouped 50%
Window replacement: Cost $9,050.00 Resale Value: $5,000.00 Cost Recouped 55.2%
Siding replacement: Cost $6,894.00 Resale Value: $2,700.00 Cost Recouped 39.2%