January 2013 “Remodeling Magazine” Digital Edition Features “Cost Vs. Value Report”

24 01 2013
Remodel Magazine Digital-page-001

Click on “Remodeling” to view online





FHA 203k Renovation Loans: Basic Costs, Fees And Loan-To-Value Calculations

29 12 2010





FundMyRemodel.com Home Renovation Update: “Remodeling” Magazine Releases Nov. 2010 Digital Issue And Features “Cost Vs. Value” Report

18 11 2010

CLICK ON "REMODELING" TO VIEW DIGITAL MAGAZINE VERSION





Home Remodeling Costs Vs. Resale Value In Western U.S.: What Home Improvements Make The Most Dollars And Sense?

23 07 2010

 PACIFIC REGION

2007 NATIONAL AVERAGES

 

 
Job Cost Resale Value Cost Recouped Project Midrange Job Cost Resale Value Cost Recouped
$55,306 $54,186 98% Attic Bedroom Remodel $46,691 $35,771 76.6%
$15,220 $9,681 63.6% Back-Up Power Generator $13,357 $7,748 58%
$70,064 $67,844 96.8% Basement Remodel $59,435 $44,661 75.1%
$43,884 $36,657 83.5% Bathroom Addition $37,202 $24,553 66%
$18,112 $17,500 96.6% Bathroom Remodel $15,789 $12,366 78.3%
$12,812 $13,836 108% Deck Addition – Wood $10,347 $8,835 85.4%
$92,710 $78,647 84.8% Family Room Addition $78,989 $54,148 68.6%
$63,485 $55,839 88% Garage Addition $53,897 $37,461 69.5%
$29,892 $20,584 68.9% Home Office Remodel $27,193 $15,498 57%
$61,122 $59,056 96.6% Major Kitchen Remodel $55,503 $43,363 78.1%
$116,134 $101,224 87.2% Master Suite Addition $98,863 $68,172 69%
$22,698 $23,494 103.5% Minor Kitchen Remodel $21,185 $17,576 83%
$21,360 $18,182 85.1% Roofing Replacement $18,042 $12,166 67.4%
$12,139 $10,061 82.9% Siding Replacement $9,910 $8,245 83.2%
$78,055 $54,164 69.4% Sunroom Addition $69,817 $41,231 59.1%
$160,637 $146,021 90.9% Two-Story Addition $139,297 $103,010 73.9%
$12,164 $11,978 98.5% Window Replacement – Vinyl $10,448 $8,290 79.3%
$13,120 $13,497 102.9% Window Replacement – Wood $11,384 $9,241 81.2%
 

 

Job Cost Resale Value Cost Recouped Project Upscale Job Cost Resale Value Cost Recouped
$83,573 $70,254 84.1% Bathroom Addition $73,145 $50,442 69%
$56,822 $48,139 84.7% Bathroom Remodel $50,590 $34,588 68.4%
$16,623 $16,354 98.4% Deck Addition – Composite $15,039 $11,672 77.6%
$95,213 $74,389 78.1% Garage Addition $82,108 $53,056 64.6%
$117,254 $104,241 88.9% Major Kitchen Remodel $109,394 $81,096 74.1%
$248,404 $192,084 77.3% Master Suite Addition $220,149 $141,120 64.1%
$38,414 $30,703 79.9% Roofing Replacement (steel) $33,151 $21,769 65.7%
$13,637 $13,766 100.9% Siding Replacement (fiber-cement) $13,212 $11,633 88.1%
$14,760 $11,855 80.3% Siding Replacement (foam-backed vinyl) $12,132 $9,668 79.7%
$15,743 $15,855 100.7% Window Replacement – Vinyl $13,479 $10,913 81%
$19,608 $20,270 103.4% Window Replacement – Wood $17,383 $13,784 79.3%

Source:   http://www.remodeling.hw.net/costvsvalue/pacific.html





Kitchen Remodels Should Cost Between 10-20% Of A Home’s Value And Should Maximize Function Of The “Work Triangle” Design (Prep Area, Cooking Area And Sink)

19 07 2010
The most functional design is based on the “work triangle” — the relationship between the prep area, the cooking area and the sink, he said. Ideally, the distance between them should never be less than four feet or more than nine feet. Of the three areas, the most-used is the sink.
 
When planning a remodel, determining your budget is one of the first steps. The National Kitchen & Bath Association calculates the average kitchen remodel costs between 10 percent and 20 percent of the home’s value. But obviously, the extent of the makeover determines its cost.
In its latest issue, Consumer Reports takes top-performing products and creates three design schemes: a do-it-yourself makeover for $5,000; a plan that costs $15,000 (the average spent on a kitchen remodel); and a full-scale renovation for $50,000.

Read more: http://www.modbee.com/2010/07/16/1255620/plan-your-remodel-carefully-and.html#ixzz0u8Tb6Hz2