Exterior House Renovation projects don’t have to be difficult, expensive, or time consuming. With our home improvement resource database, you’ll find renovation articles and DIY tips to help you learn more about both exterior and interior projects, as well as a contractor directory to help you find a local renovation professionals. Check out all of [...]
Posts under ‘Investing in Remodeling Home’
Home Addition-The Nuts and Bolts of Adding On
Adding on to a home is complex undertaking and with all the details to be worked out it’s easy to overlook anything that isn’t tied to nails and wood. Even in a basement remodel the space has to be tied to the amenities of the main home: plumbing, HVAC, electrical, etc. And these important functions [...]
Cost, Budget, and Value
How do you figure out what your renovation will cost? How much should it cost? How do you set an appropriate budget? What is the likely payback at resale? How can you maximize your return on investment?
This section lays out the main factors that influence the economics of your renovation.
Cost
Renovation Cost Will Vary By…
Type of [...]
Renovate your home – National Averages
Project Midrange
Job Cost
Resale Value
Cost Recouped
Attic Bedroom Remodel
$46,691
$35,771
76.6%
Back-Up Power Generator
$13,357
$7,748
58%
Basement Remodel
$59,435
$44,661
75.1%
Bathroom Addition
$37,202
$24,553
66%
Bathroom Remodel
$15,789
$12,366
78.3%
Deck Addition – Wood
$10,347
$8,835
85.4%
Family Room Addition
$78,989
$54,148
68.6%
Garage Addition
$53,897
$37,461
69.5%
Home Office Remodel
$27,193
$15,498
57%
Major Kitchen Remodel
$55,503
$43,363
78.1%
Master Suite Addition
$98,863
$68,172
69%
Minor Kitchen Remodel
$21,185
$17,576
83%
Roofing Replacement
$18,042
$12,166
67.4%
Siding Replacement
$9,910
$8,245
83.2%
Sunroom Addition
$69,817
$41,231
59.1%
Two-Story Addition
$139,297
$103,010
73.9%
Window Replacement – Vinyl
$10,448
$8,290
79.3%
Window Replacement – Wood
$11,384
$9,241
81.2%
Project Upscale
Project
Job Cost
Resale Value
Cost Recouped
Bathroom Addition
$73,145
$50,442
69%
Bathroom Remodel
$50,590
$34,588
68.4%
Deck Addition – Composite
$15,039
$11,672
77.6%
Garage Addition
$82,108
$53,056
64.6%
Major Kitchen Remodel
$109,394
$81,096
74.1%
Master Suite Addition
$220,149
$141,120
64.1%
Roofing [...]
Renovation in home – tips from professionals
Renovation in home – tips from professionals