Cost Versus Value – Remodel Jobs Showing Your Return On Investment

/Cost Versus Value – Remodel Jobs Showing Your Return On Investment
Cost Versus Value – Remodel Jobs Showing Your Return On Investment 2018-03-16T11:12:12+00:00

Cost Versus Value – Compares average cost for 21 popular remodeling projects in 149 markets with the value those projects retain at resale in 100 U.S. markets. Note that this comparison here is associated with the Mountain region area that includes Arizona.

Cost Versus Value

Kitchen Remodel

Cost Versus Value

Mountain  2018 National Averages

Project
Job Cost
Resale Value
Cost Recouped
Midrange – Cost Versus Value

Backyard Patio

Job Cost:  $52,032   $54,130
Resale Value:  $23,075   $25,769
Cost Recouped:  44.4%   47.6%
$52,032   $54,130 $23,075   $25,769 44.4%   47.6%
Midrange

Bathroom Addition

Job Cost:  $43,247   $44,717
Resale Value:  $24,255   $26,769
Cost Recouped:  56.3%   59.9%
$43,247   $44,717 $24,255   $26,769 56.3%   59.9%
Upscale

Bathroom Addition

Job Cost:  $81,638   $83,869
Resale Value:  $42,787   $45,752
Cost Recouped:  52.6%   54.6%
$81,638   $83,869 $42,787   $45,752 52.6%   54.6%
Midrange

Bathroom Remodel

Job Cost:  $18,345   $19,134
Resale Value:  $11,640   $13,422
Cost Recouped:  63.8%   70.1%
$18,345   $19,134 $11,640   $13,422 63.8%   70.1%
Upscale

Bathroom Remodel

Job Cost:  $60,233   $61,662
Resale Value:  $31,531   $34,633
Cost Recouped:  52.5%   56.2%
$60,233   $61,662 $31,531   $34,633 52.5%   56.2%
Midrange

Deck Addition (composite)

Job Cost:  $17,292   $17,668
Resale Value:  $11,011   $11,239
Cost Recouped:  63.9%   63.6%
$17,292   $17,668 $11,011   $11,239 63.9%   63.6%
Midrange

Deck Addition (wood)

Job Cost:  $10,661   $10,950
Resale Value:  $8,863   $9,065
Cost Recouped:  84.0%   82.8%
$10,661   $10,950 $8,863   $9,065 84.0%   82.8%
Midrange

Entry Door Replacement (steel) *

Job Cost:  $1,746   $1,471
Resale Value:  $1,396   $1,344
Cost Recouped:  80.0%   91.3%
$1,746   $1,471 $1,396   $1,344 80.0%   91.3%
Upscale

Garage Door Replacementcretxbcqrwcrybebutyr

Job Cost:  $3,449   $3,470
Resale Value:  $3,326   $3,411
Cost Recouped:  96.7%   98.3%
$3,449   $3,470 $3,326   $3,411 96.7%   98.3%
Upscale

Grand Entrance (fiberglass)

Job Cost:  $8,453   $8,591
Resale Value:  $4,819   $5,809
Cost Recouped:  56.9%   67.6%
$8,453   $8,591 $4,819   $5,809 56.9%   67.6%
Midrange

Major Kitchen Remodel

Job Cost:  $62,173   $63,829
Resale Value:  $36,155   $37,637
Cost Recouped:  58.3%   59.0%
$62,173   $63,829 $36,155   $37,637 58.3%   59.0%
Upscale

Major Kitchen Remodel

Job Cost:  $123,425   $125,721
Resale Value:  $61,815   $67,212
Cost Recouped:  50.2%   53.5%
$123,425   $125,721 $61,815   $67,212 50.2%   53.5%
Midrange

Manufactured Stone Veneer

Job Cost:  $8,084   $8,221
Resale Value:  $7,576   $7,986
Cost Recouped:  93.8%   97.1%
$8,084   $8,221 $7,576   $7,986 93.8%   97.1%
Midrange

Master Suite Addition

Job Cost:  $120,244   $123,420
Resale Value:  $70,778   $69,807
Cost Recouped:  59.0%   56.6%
$120,244   $123,420 $70,778   $69,807 59.0%   56.6%
Upscale

Master Suite Addition

Job Cost:  $251,415   $256,229
Resale Value:  $118,968   $123,797
Cost Recouped:  47.4%   48.3%
$251,415   $256,229 $118,968   $123,797 47.4%   48.3%
Midrange

Minor Kitchen Remodel

Job Cost:  $20,712   $21,198
Resale Value:  $17,259   $17,193
Cost Recouped:  83.8%   81.1%
$20,712   $21,198 $17,259   $17,193 83.8%   81.1%
Midrange

Roofing Replacement

Job Cost:  $20,283   $20,939
Resale Value:  $12,703   $14,320
Cost Recouped:  62.6%   68.4%
$20,283   $20,939 $12,703   $14,320 62.6%   68.4%
Midrange

Siding Replacement

Job Cost:  $14,635   $15,072
Resale Value:  $9,502   $11,554
Cost Recouped:  65.1%   76.7%
$14,635   $15,072 $9,502   $11,554 65.1%   76.7%
Midrange

Universal Design Bathroom

Job Cost:  $15,656   $16,393
Resale Value:  $10,297   $11,581
Cost Recouped:  66.5%   70.6%
$15,656   $16,393 $10,297   $11,581 66.5%   70.6%
Upscale

Window Replacement (vinyl)

Job Cost:  $15,649   $15,955
Resale Value:  $10,701   $11,855
Cost Recouped:  68.4%   74.3%
$15,649   $15,955 $10,701   $11,855 68.4%   74.3%
Upscale

Window Replacement (wood)

Job Cost:  $19,032   $19,391
Resale Value:  $12,259   $13,468
Cost Recouped:  64.5%   69.5%
$19,032   $19,391 $12,259   $13,468 64.5%   69.5%

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LVH

About 

Jeff and Jane Daley started their careers in real estate after taking early retirement from the corporate world in October of 1999. Their success is achieved by way of their core values.

MILITARY SERVICE: Jeff is a Vietnam combat veteran and served in in the US Army. He served with distinction, and received multiple citations.