Average Remodeling Costs

 

3rd Party Remodeling Costs

New England Region by: http://www.costvsvalue.com/

 

These are the average remodeling project costs for the New England Area, other parts of the country have very similar figures. Please note these figures are from 2007.

New England

2007

National Averages

Job Cost

Resale Value

Cost Recouped

Project Midrange

Job Cost

Resale Value

Cost Recouped

             

$48,982

$37,584

76.7%

Attic Bedroom Remodel

$46,691

$35,950

76.6%

$13,759

$7,317

53.2%

Back-Up Power Generator

$13,357

$7,748

58%

$61,673

$40,544

65.7%

Basement Remodel

$59,435

$44,661

75.1%

$38,617

$25,437

65.9%

Bathroom Addition

$37,202

$24,553

66%

$16,302

$12,197

74.8%

Bathroom Remodel

$15,789

$12,366

78.3%

$10,634

$8,977

84.4%

Deck Addition - Wood

$10,347

$8,835

85.4%

$81,931

$54,713

66.8%

Family Room Addition

$78,989

$54,148

68.6%

$55,598

$37,067

66.7%

Garage Addition

$53,897

$37,461

69.5%

$27,630

$15,398

55.7%

Home Office Remodel

$27,193

$15,498

57%

$56,438

$43,848

77.7%

Major Kitchen Remodel

$55,503

$43,363

78.1%

$102,741

$70,175

68.3%

Master Suite Addition

$98,863

$68,172

69%

$21,516

$18,507

86%

Minor Kitchen Remodel

$21,185

$17,576

83%

$20,307

$14,065

69.3%

Roofing Replacement

$18,042

$12,166

67.4%

$9,990

$9,156

91.7%

Siding Replacement

$9,910

$8,245

83.2%

$71,064

$41,289

58.1%

Sunroom Addition

$69,817

$41,231

59.1%

$143,298

$105,475

73.6%

Two-Story Addition

$139,297

$103,010

73.9%

$10,702

$8,698

81.3%

Window Replacement - Vinyl

$10,448

$8,290

79.3%

$11,697

$9,514

81.3%

Window Replacement - Wood

$11,384

$9,241

81.2%

New England Upscale Projects National Averages

$75,281

$48,236

64.1%

Bathroom Addition

$73,145

$50,442

69%

$51,930

$33,415

64.3%

Bathroom Remodel

$50,590

$34,588

68.4%

$15,224

$11,833

77.7%

Deck Addition - Composite

$15,039

$11,672

77.6%

$84,922

$55,901

65.8%

Garage Addition

$82,108

$53,056

64.6%

$110,450

$84,689

76.7%

Major Kitchen Remodel

$109,394

$81,096

74.1%

$226,020

$144,787

64.1%

Master Suite Addition

$220,149

$141,120

64.1%

$37,396

$24,016

64.2%

Roofing Replacement (steel)

$33,151

$21,769

65.7%

$13,310

$11,517

86.5%

Siding Replacement (fiber-cement)

$13,212

$11,633

88.1%

$12,182

$10,328

84.8%

Siding Replacement (foam-backed vinyl)

$12,132

$9,668

79.7%

$13,913

$11,470

82.4%

Window Replacement - Vinyl

$13,479

$10,913

81%

$17,729

$13,682

77.2%

Window Replacement - Wood

$17,383

$13,784

79.3%


 
 

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