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Remodeling Cost vs. Value 2007 Report

By
Real Estate Agent with Keller Williams Realty - Crescent City Westbank Partners

Remodeling Cost vs. Value 2007 

as adapted from Remodeling Magazine 

West South Central Region 

MidRange Project

Job Cost

Resale Value

Cost Recouped

Attic Bedroom Remodel

$40,123

$32,034

79.8%

Back Up Power Generator

$12,053

$8,198

68%

Bathroom Addition

$32,482

$24,558

75.6%

Bathroom Remodel

$14,044

$12,766

90.9%

Deck Addition - Wood

$9,182

$7.859

85.6%

Family Room Addition

$70,029

$50,042

71.5%

Garage Addition

$47,529

$34,842

73.3%

Home Office Remodel

$25,416

$16,373

64.4%

Major Kitchen Remodel

$51,390

$41,635

81%

Master Suite Addition

$87,122

$62,480

71.7%

Minor Kitchen Remodel

$20,029

$17,694

88.3%

Roofing Replacement

$14,130

$9,801

69.4%

Siding Replacement

$8,884

$7,367

82.9%

Sunroom Addition

$64,219

$37,805

58.9%

Two-Story Addition

$124,183

$94,623

76.2%

Window Replacement-Vinyl

$9,381

$7,498

79.3%

Window Replacement-Wood

$10,174

$8,212

80.7%

 

 

 

 

UpScale Project

Job Cost

Resale Value

Cost Recouped

Bathroom Addition

$65,914

$51,597

78.3%

Bathroom Remodel

$46,182

$35,618

77.1%

Deck Addition- Composite

$14,165

$10,805

76.3%

Garage Addition

$72,784

$51,998

71.4

Major Kitchen Remodel

$104,559

$82,248

78.7%

Master Suite Addition

$201,957

$144,200

71.4%

Roofing Replacement - Steel

$26,364

$19,282

73.1%

Siding Replacement - Fiber Cement

$12,898

$12,023

93.2%

Siding Replacement - Foam-Backed Vinyl

$10,.989

$8,779

79.9%

Window Replacement - Vinyl

$11,941

$10,080

84.4%

Window Replacement - Wood

$15,899

$13,032

82%

 

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