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Every year, Remodeling Magazine publishes a COST vs. VALUE report. The report is designed to provide a prediction of how common remodeling projects will perform at resale time. Real estate professionals were surveyed from 60 cities comparing the cost of twelve popular remodeling projects on homeowners' investments if they sold their home within a year.

2005 Cost vs. Value Report

Project Region or City Job
Cost
Resale
Value
Cost
Recouped
Major Kitchen Remodel Pittsburgh $44,509 $29,821 67%
Minor Kitchen Remodel  Pittsburgh $15,328 $11,073 72%
Bathroom Addition   Pittsburgh $23,634 $15,460 65%
Bathroom Remodel  Pittsburgh $11,175 $17,180 64%
Deck Addition   Pittsburgh $11,119 $8,899 80%
Home Office
Remodel
Pittsburgh $13,628 $5,909 43%
Family-Room Addition  Pittsburgh $54,348 $34,428 63%
Two-Story Addition Pittsburgh $80,548 $60,172 75%
Master Suite  Pittsburgh $75,095 $48,022 64%
Window Replacement Pittsburgh $9,734 $6,625 68%
Basement Refinish Pittsburgh $51,794 $29,669 57%
Sunroom
Pittsburgh $31,495 $19,665 62%

For more information about these valuations you can read the full Cost vs Value report at www.remodelingmagazine.com.

Project details, typical installations, and comparisons to other
locations across the United States are all available at the link above.

 

 

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