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COST VS VALUE WHAT CAN YOU EXPECT FROM YOUR REMODELING PROJECT

COST VS VALUE WHAT CAN YOU EXPECT FROM YOUR REMODELING PROJECT

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Do you know how much of a return on  your investment for your remodel or upgrade project you can expect to get?  If not, you may want to take a look at this Cost vs Value Yearly Report offered by Remodeling Magazine before deciding if this is a project that will add the expected value to your home you are hoping for.  Especially when preparing your home for sale, don't be disapointed that the work you have done is not going to yield the return you were hoping for.  Find out now before you pay. 



EXIT First Realty can help you with all of your real estateneeds and questions, please contact us when you are planning to relocate and we will work to make your move as smooth as possible.



Bowie MD Real Estate - Listings for sale and Real Estate Services in Bowie Maryland and surrounding areas. You now have free access to Bowie, MD, Ultimate Real Estate Search Engine. Google or call us today.  EXIT First Realty  301-352-8100



                                                                 Upscale  2016 National Averages                         South Atlantic 
PROJECT JOB
COST
RESALE VALUE COST RECOUPED JOB
COST
RESALE VALUE COST RECOUPED CHANGE VS 2015
Attic Insulation (fiberglass)$1,268$1,482116.9%$1,241$1,624130.9%-
Backup Power Generator$12,712$7,55659.4%$12,123$7,78464.2%
Basement Remodel$68,490$48,19470.4%$62,777$46,17073.5%
Bathroom Addition$42,233$23,72756.2%$38,869$22,44757.8%
Bathroom Remodel$17,908$11,76965.7%$16,534$11,63970.4%
Deck Addition (composite)$16,798$10,81964.4%$15,915$11,01869.2%
Deck Addition (wood)$10,471$7,85075.0%$9,486$7,64980.6%
Entry Door Replacement (fiberglass)$3,126$2,57482.3%$3,076$2,53282.3%-
Entry Door Replacement (steel)$1,335$1,21791.1%$1,293$1,26798.0%
Family Room Addition$86,615$58,80767.9%$80,054$54,62268.2%
Garage Door Replacement$1,652$1,51291.5%$1,561$1,51797.2%
Major Kitchen Remodel$59,999$38,93864.9%$56,901$36,43864.0%
Manufactured Stone Veneer$7,519$6,98892.9%$7,499$7,00493.4%
Master Suite Addition$115,810$74,22464.1%$108,030$71,55666.2%
Minor Kitchen Remodel$20,122$16,71683.1%$18,907$16,42586.9%
Roofing Replacement$20,142$14,44671.7%$18,898$14,33875.9%
Siding Replacement$14,100$10,85777.0%$13,206$10,24477.6%-
Two-Story Addition$171,056$118,55569.3%$162,714$110,88868.1%
                                                              Upscale  2016 National Averages                          South Atlantic 
PROJECT JOB
COST
RESALE VALUE COST RECOUPED JOB
COST
RESALE VALUE COST RECOUPED CHANGE VS 2015
Bathroom Addition$79,380$45,00656.7%$75,037$44,54559.4%
Bathroom Remodel$57,411$32,99857.5%$54,975$33,13260.3%
Deck Addition (composite)$37,943$21,87757.7%$35,878$22,13561.7%
Garage Door Replacement$3,140$2,83090.1%$3,102$2,88993.1%
Grand Entrance (fiberglass)$7,971$5,54569.6%$7,825$5,63572.0%
Major Kitchen Remodel$119,909$73,70761.5%$116,095$71,47261.6%
Master Suite Addition$245,474$140,44857.2%$234,596$132,49356.5%
Window Replacement (vinyl)$14,725$10,79473.3%$14,283$10,61474.3%
Window Replacement (wood)$18,087$13,05072.1%$17,563$13,51777.0%


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Dated: April 21st 2016
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