Remodeling Benefits
Here’s the average cost of 12 popular remodeling projects and how much of the cost might be recouped if the home were sold within a year. All figures are averages for the Los Angeles/Orange County area.
Family room addition: 115%
Master suite: 109%
Minor kitchen remodel: 100%
Bathroom addition: 97%
Two-story addition: 92%
Major kitchen remodel: 86%
Window replacement: 82%
Attic bedroom: 76%
Bathroom remodel: 72%
Home office addition: 70%
Siding replacement: 68%
Deck addition: 56%
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JOB COST RESALE VALUE Family room addition $38,293 $44,000 Master suite $40,699 $44,333 Minor kitchen remodel $9,438 $9,479 Bathroom addition $14,081 $13,667 Two-story addition $59,938 $55,333 Major kitchen remodel $26,997 $23,333 Window replacement $6,415 $5,267 Attic bedroom $26,187 $20,000 Bathroom remodel $10,024 $7,175 Home office addition $9,103 $6,367 Siding replacement $6,346 $4,333 Deck addition $7,777 $4,333
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Source: “Cost vs. Value Report,” Remodeling magazine, October, 1995.
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