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Is renovation worth it?
"Remodeling Magazine" annually publishes a report on the cost
versus value of various remodeling projects. These are national averages,
and the figures can vary dramatically by region, so take the time to
consult an area realtor to get some local perspective.
| Minor kitchen remodel |
| $14,773 |
$13,039 |
87% |
| Two-story addition
|
| $67,743 |
$56,770 |
83% |
| Bathroom remodel
|
| $14,216 |
$11,704 |
81% |
Major kitchen remodel
|
| $38,769 |
$31,344 |
80% |
| Family room addition |
| $46,738 |
$37,217 |
78% |
| Deck |
| $5,865 |
$4,498 |
75% |
| Master suite |
| $63,275 |
$47,699 |
74% |
| Attic bedroom conversion |
| $31,366 |
$23,232 |
73% |
| Basement refinish |
| $39,658 |
$27,260 |
69% |
| Roof |
| $10,111 |
$6,100 |
60% |
| Home office |
| $10,526 |
$5,723 |
54% |
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