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How much can you recoup for remodelling?

Minor Kitchen Remodel:
Replace cabinet doors, oven and cooktop, laminate countertops, sink faucet and floor; repaint. Approximate percentage of cost recouped at sale - 94%
Bathroom Addition:
Add a second bath to a house with 1 or 1.5 baths; include ceramic tile and linencloset. Approximate percentage of cost recouped at sale - 91%
Major Kitchen Remodel:
Redesign kitchen, replacing all of the above, plus built-in microwave, custom lighting, island. Approximate percentage of cost recouped at sale - 90%
Master Suite:
In a house with 2-3 bedrooms, add a 24' x 16' master suite with walk-in closet, whirlpool tub, separate shower. Approximate percentage of cost recouped at sale - 84%
Home Office:
Convert existing room into office with custom cabinetry and re-wiring for electronic equipment. Approximate percentage of cost recouped at sale - 67%
Bathroom Remodel:
Update existing bath with new tub, toilet, vanity, medicine cabinet lighting, tile. Approximate percentage of cost recouped at sale - 77%
Family Room Addition:
Add a 16' x 25' room with skylights, hardwood tongue-and-groove floor, fireplace. Approximate percentage of cost recouped at sale - 83%



SOURCE: NAHB Housing Facts, Figures, Trends

© Gracie Kayany, Keller Williams Realty, 8175 Creekside Drive, Suite #100, Portage, MI 49024
Office Phone: 269-324-3600 |Cell Phone: 269-501-1254 | Email: gracie@kazoospace.com
Last updated: May 31, 2004 4:15 PM