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Remodeling That Pays
Upgrading your home is always appealing, but which enhancements really get you a good return for your money when it’s time to sell? The 2003 Cost vs. Value Report by Remodeling magazine and REALTOR® Magazine has the answer.
To see the complete article, visit http://www.realtor.org/rmomag,NSF/pages/costvaluedec03
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2003 |
2002 |
Variance |
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Bathroom Remodel |
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Midrange |
89.3% |
87.5% |
1.8% |
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Upscale |
92.6 |
91.0 |
1.6 |
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Bathroom Addition |
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Midrange |
95.0 |
94.2 |
0.08 |
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Upscale |
84.3 |
81.4 |
2.9 |
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Major Kitchen Remodel |
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Midrange |
74.9 |
66.6 |
8.3 |
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Upscale |
79.6 |
79.8 |
-0.2 |
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Master Suite |
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Midrange |
76.4 |
75.1 |
1.3 |
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Upscale |
76.9 |
76.8 |
0.1 |
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Family Room |
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Midrange |
80.6 |
79.5 |
1.1 |
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Deck |
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Midrange |
104.2 |
N/A* |
N/A* |
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Basement Remodel |
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Midrange |
79.3 |
78.7 |
0.6 |
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Siding Replacement |
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Midrange |
98.1 |
79.1 |
19.0 |
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Window Replacement |
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Midrange |
84.8 |
73.8 |
11 |
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Upscale |
87.0 |
77.0 |
10 |
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Attic Bedroom |
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Midrange |
92.8 |
N/A* |
N/A* |
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