2.6 : Residential Home Improvements




2.6.6 2010-2011 National Professional Remodeling Cost and Amount Recouped in Resale Value
Job Cost Resale Value
Envelope ($ thousand) ($ thousand) Cost Recouped
Siding Replacement - Vinyl 11.4 8.2 72%
Window Replacement - Vinyl 11.1 7.9 72%
Window Replacement - Wood 12.0 8.7 72%
Roofing Replacement 21.5 12.8 60%
Entry Door Replacement - Fiberglass 3.6 2.1 60%
Entry Door Replacement - Steel 1.2 1.2 102%
Remodel
Minor Kitchen Remodel 21.7 15.8 73%
Major Kitchen Remodel 58.4 40.1 69%
Bathroom Remodel 16.6 10.7 64%
Attic Bedroom Remodel 51.4 37.1 72%
Basement Remodel 64.5 45.2 70%
Home Office Remodel 28.9 13.2 46%
Additions
Deck Addition - Wood 11.0 8.0 73%
Deck Addition - Composite 15.6 10.3 66%
Bathroom Addition 40.7 21.7 53%
Garage Addition 60.6 35.9 59%
Sunroom Addition 75.2 36.5 49%
Family Room Addition 85.7 53.6 63%
Master Suite Addition 108.1 68.1 63%
Two-Story Addition 165.2 107.3 65%
Back-Up Power Generator 14.7 7.1 49%
Note(s): Job cost includes labor, material, subtrades, contractor overhead and profit. Resale value based on a survey of appraisers, sales agents, and brokers. The survey asked for the estimated increase in resale value of standardized remodeling projects. Definitions of remodeling projects are available at costvalue.remodelingmagazine.com.









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