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Posts under ‘Investing in Remodeling Home’

House Exterior Home Renovations

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 [...]

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