You loved the house when you bought it, but since then things have changed, the family has grown larger. Those drab energy absorbing appliances in your outdated kitchen are making your PGE bill go up. What you expect? The house is over 150 years old!
It's time for a change all right, but there are some things to keep in mind before you start knocking down walls or digging up the backyard, consider the return on your investment.
What a remodeling project is worth at resale:
Remodeling Job Average Job Cost % of Cost Recoup*
Major Kitchen |
$41,500 |
97-108% |
Minor Kitchen |
$16,900 |
100-111% |
Bathroom Remodel |
$10,000 |
61-79% |
Master Suite |
$70,600 |
72-131% |
-Complied from a variety of sources.
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