Return on Investment
2007 Source: Remodeling Magazine

Project Average Cost Average Return Description
Minor Kitchen Remodel $22,140 83.0% 200 SF Kitchen, 30LF Cabinet refacing with new doors, laminate counter tops, Resilient floor, Builder grade oven and cook top, Builder grade sink & faucet, Repaint existing trim.
Major Kitchen Remodel – Mid Range $58,831 78.1% All new in 200SF space, 30 LF Builder Grade cabinets and 3’x5’ island, laminate countertops, double SS sink w/single lever faucet, Builder Grade appliances, Paint walls and trim, resilient flooring.
Major Kitchen Remodel – Upscale $113,469 74.1% 200 SF Kitchen, 30 LF Cherry cabinets, Stone countertops with ceramic backsplash, built-in refrigerator, cook top, 36” range, combination microwave/convection, under mount sink, under cabinet lighting, wood flooring.
Bathroom Remodel - Mid Range $17,039 78.3% Update existing 5’ x 7’ space. New builder grade plumbing fixtures to include a new 30” x 60” tub, builder grade tile surround, cultured marble vanity top & sink, resilient flooring.
Bathroom Remodel - Upscale $53,654 68.4% Expand an existing 5’by 7’ space to a 9’ by 9’ within existing house. Replace tub with a 4’ by 6’ custom shower. Relocate and partition toilet area. Builder grade vanity cabinets with medium stone counter tops.
Bathroom Addition - Mid Range $41,001 66.0% Add 6’ x 8’ over crawl space. Cultured marble vanity top & sink, Chrome fixtures, 30” x 60” tub/shower with tile surround, low profile toilet, linen storage, ceramic tile floor.
Bathroom Addition - Upscale $79,047 69.0% Add a new 9’ by 9’ master bath over crawl space onto the master bedroom. Include a 4’ by 4’ neo-angle shower with tiles surround. Whirlpool type tub, Solid Surface vanity tops with 2 integral sinks, partitioned toilet area. Extend the HVAC system into room.
Master Suite Addition - Mid Range $109,185 69.0% 16’ x 24’ over crawl space, walk in closet, whirlpool type tub, 3’ x 4’ shower with tile surround, onyx vanity top with integral sink, tile floor, painted walls and trim, general lighting and exhaust fan.
Master Suite Addition - Upscale $234,289 64.1% Add a sleeping area with a sitting area, Fireplace with hearth and mantle, walk in closet adjacent to the master bathroom. Whirlpool type tub, custom cabinets, solid surface vanity tops, partitioned toilet area, walk in shower with tile surround, frameless shower door.
Family Room Addition $87,601 68.6% 16’ x 25’ ground level addition over crawl space with vinyl siding, composition roof, hardwood floors, tie into existing HVAC, 2 windows, 1 exterior door, electrical to code.
Basement Finish $65,998 75.1% 600 SF finished space with 5’ x 8’ full bath, 10’ bar, a 12’ by 12’ auxiliary room, includes hardboard doors, vinyl flooring in bath and bar area, builder grade plumbing fixtures, cultured marble vanity top, and electrical to code.
Attic Bedroom $52,736 76.6% Convert unfinished attic space to a 15’ x 15’ bedroom with 5’ x 7’ bath with shower, add 15’ shed dormer, four new windows, closet space under the eaves, extend existing HVAC into room, and add a handrail to the existing staircase.
Conservatory / Sunroom $69,816 - $74,736 52.3% - 59.1% 200 SF Basic wall/window configuration to complete 4 season’s room, electrical to code, extend existing HVAC into room.
Garage Addition $59,189 69.5% 26x26 Free standing 2 car garage, footing & slab, 2x4 wood framing w/OSB sheathing and gable truss roof at 6/12 pitch, 25 yr asphalt roof, vinyl siding, (5) 30x48 vinyl double hung windows, (1) 3-0 exterior entrance door and (2) 9’x8’ garage doors with openers, 100 amp breaker, 3-way for two fluorescent lights, unfinished interior.
Garage Addition – Upscale $89,640 64.6% Same as above with interior wall finish, modular wall system on back wall with upper and lower storage and work surface and required lighting. Trim windows and door on interior, paint trim, ceiling, and walls. Cement floor with slip resistant epoxy sealer.
2-Story Room Addition $152,968 73.9% First floor recreational room and second floor bedroom with full bath (5x8) in a 24 x 16 over crawl space, new HVAC unit for addition. Family room: Prefab gas fireplace, (11) 3’x5’ double hung windows, (1) atrium style exterior door, carpeted floors, paint trim, walls, and ceiling. Bathroom: 5’x8’,one piece fiberglass tub/shower unit, standard white toilet, wood vanity with solid surface top, resilient vinyl flooring, mirrored medicine cabinet with built in light strip, exhaust fan, painted walls, ceiling, and trim. Bedroom: include walk-in closet, carpet floor, painted walls, ceiling and trim, general lighting.
Wood Deck $11,037 85.4% 16’ x 20’ ACQ wood, 4x4 posts, ACQ deck boards in simple linear pattern. 3 steps to grade, wood railing in simple straight pattern.
Composite Deck $15,817 77.6% 16’ x 20’ ACQ joists with 4x4 posts, composite decking in simple linear pattern, 3 steps to grade, composite railing system.

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