IS REMODELING IN YOUR FUTURE?

By
Real Estate Agent with Bates Real Estate Group Inc

 

Country Kitchen

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 Those drab energy absorbing appliances in your outdated kitchen are making your PGE bill go up.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.

Comments (1)

Andrew Bates
Bates Real Estate Group Inc - San Francisco, CA

If you need help in setting the price point for the sale of your house let me know and I'd be happy to provide a CMA.

Mar 12, 2009 06:19 AM