Remodeling Magazine has just come out with their 2015 Report of Cost vs Value. If you have never had a chance to see this report and you are planning on a remodel in this new year, check it out. If you are anything like me, you have a list of remodeling projects that you would like to do in your home. I have always wanted do our basement in our home and after looking at the recouping costs of that particular project which at the time was about 70%, for me it was a no brainer. We can enjoy the space now and get a large perctage back when we sell.
The reports are quite intuitive allowing the reader to drill down to the particular region you are interested in, and also shows reports on the midrange to upscale projects including projects like bathroom remodels that include fixtures such as custom tubs, in floor heating and glass enclosed showers.
If a bathroom remodel is in your future, download Diamond Spas latest brochure and see how top designers are uisng our products in their can help you with your design.
|
PROJECT
|
JOB COST
|
RESALE VALUE
|
COST RECOUPED
|
CHANGE VS 2014 |
|---|---|---|---|---|
| Bathroom Addition | $76,429 | $44,750 | 58.6% | |
| Bathroom Remodel | $54,115 | $32,385 | 59.8% | |
| Deck Addition (composite) | $36,385 | $21,437 | 58.9% | |
| Garage Addition | $85,592 | $46,791 | 54.7% | |
| Garage Door Replacement | $2,944 | $2,429 | 82.5% | |
| Grand Entrance (fiberglass) | $7,548 | $5,099 | 67.6% | |
| Major Kitchen Remodel | $113,097 | $66,747 | 59.0% | |
| Master Suite Addition | $236,363 | $126,860 | 53.7% | |
| Roofing Replacement | $36,329 | $22,840 | 62.9% | |
| Siding Replacement (fiber-cement) | $14,014 | $11,816 | 84.3% | |
| Siding Replacement (foam-backed vinyl) | $15,184 | $11,790 | 77.6% | |
| Window Replacement (vinyl) | $13,837 | $10,365 | 74.9% | |
| Window Replacement (wood) | $17,422 | $12,533 | 71.9% |
