Tyler G. Wagner - Wagner Real Estate

Thinking About Remodeling?

Posted By Tyler Wagner @ Mar 29th 2012 12:38pm In: Weekly Blog by Tyler

Thinking About Remodeling?

 

This site (www.remodeling.hw.net) compares the average cost for 35 popular remodeling projects with the value those projects retain at resale. Here is the data on the top 7 projects for the Mid-Atlantic Region.

 

Middle Atlantic — Midrange

2011-12 National Averages

 

Job Cost

Resale Value

Cost Recouped

Project

Job Cost

Resale Value

Cost Recouped

Change vs. 2010-11

$53,871

$35,856

66.6%

Attic Bedroom

$50,148

$36,346

72.5%

      $10,490

$6,763

64.5%

Deck Addition (wood)

$10,350

$7,259

70.1%

$1,293

$867

67.1%

Entry Door Replacement (steel)

$1,238

$903

73.0%

      $1,566

$1,025

65.5%

Garage Door Replacement

$1,512

$1,087

71.9%

$20,067

$13,050

65.0%

Minor Kitchen Remodel

$19,588

$14,120

72.1%

$12,024

$8,068

67.1%

Siding Replacement (vinyl)

$11,729

$8,155

69.5%

$11,904

$7,441

62.5%

Window Replacement (vinyl)

$11,319

$7,692

68.0%

 

 

 

 

 

 

 

 

 

As a complimentary service, I am happy to come to your home to meet with you. Together we will review your property, and discuss with your potential home remodeling projects. I can provide you with valuable information on what improvements will bring you the best return for your investment before you start the project. Remember, this consultation is on the house! So don’t wait and feel free to contact me any time.

 

 

All the best,

 

Tyler

 

 

 

 



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