Tesoro Realty, Inc.
Home Remodeling Cost Vs. Value
What’s the value of major remodeling or repair projects in your home? The following table lists average results from a study reported in the December 2004 and December 2007 issue of Realtor Magazine. These results are for the Cincinnati area, and the accuracy is plus or minus 10%.
| Remodeling (2004) |
Job Cost |
Resale Value |
Cost Recouped |
| Bathroom Remodel |
$10,470 |
$6,838 |
65.3% |
| Deck Addition |
$6,792 |
$13,188 |
194.2% |
| Window Replacement |
$9,313 |
$8,000 |
85.9% |
| Attic Bedroom |
$35,834 |
$26,875 |
75.0% |
| Family Room Addition |
$52,124 |
$41,250 |
79.1% |
| Roofing Replacement |
$11,357 |
$17,625 |
155.2% |
| Master Suite Addition |
$73,705 |
$51,250 |
69.5% |
| Major Kitchen Remodel |
$43,272 |
$33,386 |
77.2% |
| Basement Remodel |
$48,193 |
$31,875 |
66.1% |
| Sunroom Addition |
$30,491 |
$21,750 |
71.3% |
| Remodeling (2007) |
Job Cost |
Resale Value |
Cost Recouped |
| Siding Replacement |
$13,257 |
$10,086 |
76.1% |
| Deck Addition (wood) |
$9,800 |
$7,388 |
75.4% |
| Window Replacement (wood) |
$11,469 |
$7,722 |
67.3% |
| Kitchen Remodel (minor) |
$21,295 |
$14,016 |
65.8% |