Remodeling: 2016 Cost vs Value Report | Armonk Real Estate

This site compares average cost for 30 popular remodeling projects with the value those projects retain at resale in 100 U.S. markets. Check out this year’s trends and how they compare to prior years.
Midrange
2016 National Averages
PROJECT
JOB COST
RESALE VALUE
COST RECOUPED
CHANGE VS 2015
Attic Insulation (fiberglass)$1,268$1,482116.9%
Backup Power Generator$12,712$7,55659.4%
Basement Remodel$68,490$48,19470.4%
Bathroom Addition$42,233$23,72756.2%
Bathroom Remodel$17,908$11,76965.7%
Deck Addition (composite)$16,798$10,81964.4%
Deck Addition (wood)$10,471$7,85075.0%
Entry Door Replacement (fiberglass)$3,126$2,57482.3%
Entry Door Replacement (steel)$1,335$1,21791.1%
Family Room Addition$86,615$58,80767.9%
Garage Door Replacement$1,652$1,51291.5%
Major Kitchen Remodel$59,999$38,93864.9%
Manufactured Stone Veneer$7,519$6,98892.9%
Master Suite Addition$115,810$74,22464.1%
Minor Kitchen Remodel$20,122$16,71683.1%
Roofing Replacement$20,142$14,44671.7%
Siding Replacement$14,100$10,85777.0%
Two-Story Addition$171,056$118,55569.3%
Upscale
2016 National Averages
PROJECT
JOB COST
RESALE VALUE
COST RECOUPED
CHANGE VS 2015
Bathroom Addition$79,380$45,00656.7%
Bathroom Remodel$57,411$32,99857.5%
Deck Addition (composite)$37,943$21,87757.7%
Garage Door Replacement$3,140$2,83090.1%
Grand Entrance (fiberglass)$7,971$5,54569.6%
Major Kitchen Remodel$119,909$73,70761.5%
Master Suite Addition$245,474$140,44857.2%
Window Replacement (vinyl)$14,725$10,79473.3%
Window Replacement (wood)$18,087$13,05072.1%
read more…
http://www.remodeling.hw.net/cost-vs-value/2016/

Leave a Reply

Your email address will not be published.

This site uses Akismet to reduce spam. Learn how your comment data is processed.