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| When you run out of room you are often faced with making one of two choices. Will you remodel or buy a bigger house?
For many, remodeling isn't a great option as they are unwilling to live through the inconvenience and headaches of having their homes torn up for extended periods of time while trying to get the contractor to complete the project on time in the way you envisioned it. Others worry about the cost of the remodel and whether it will pay back in the end. For most of the country, this is a real concern as only a few types of remodels will allow you to recoup your investment down the road. However in the bay area, most all investments in your home if done with a reputable contractor will pay back in the end. To find out how much, check out the 2004 statistics below. |
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Click on the link below to go to the specific area of interest. |
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Minor Kitchen Remodel
Project Description: In a functional but dated 200-square-foot kitchen with 30 linear feet of cabinetry and countertops, leave cabinet boxes in place but replace fronts with new raised-panel wood doors and drawers. Replace wall oven and cooktop with new energy-efficient models. Replace laminate countertops. Install midpriced sink and faucet. Repaint trim, add wall covering, and replace existing flooring with resilient flooring.
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Minor kitchen remodel |
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Job
Cost |
Resale
Value |
Cost
Recouped |
| National Average: |
$14,913
|
$14,691
|
98.5% |
| East Average: |
$15,172 |
$15,316 |
100.9% |
| Midwest Average: |
$15,426 |
$13,151 |
85.3% |
| South Average: |
$13,998 |
$13,498 |
96.4% |
| West Average: |
$15,328 |
$17,209 |
112.3% | |
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Midrange Major Kitchen Remodel
Project Description: Update an outmoded 200-square-foot kitchen with design and installation of a functional layout of 30 linear feet of semicustom-grade wood cabinets, including a 3-by-5-foot island, laminate countertops, and standard double-tub stainless-steel sink with standard single-lever faucet. Include energy-efficient wall oven, cooktop, ventilation system; built-in microwave, dishwasher, garbage disposal; and custom lighting. Add resilient flooring. Finish with painted walls, trim, and ceiling.
Midrange
Major kitchen remodel |
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Job
Cost |
Resale
Value |
Cost
Recouped |
| National Average: |
$43,862
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$39,920
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91.0% |
| East Average: |
$44,659 |
$42,490 |
95.1% |
| Midwest Average: |
$45,237 |
$36,691 |
81.1% |
| South Average: |
$41,133 |
$36,329 |
88.3% |
| West Average: |
$45,242 |
$45,353 |
100.2% | |
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Upscale Major Kitchen Remodel
Project Description: Update outmoded 200-square-foot kitchen with 30 linear feet of top-of-the-line custom cherry cabinets with built-in sliding shelves and other interior accessories. Include stone countertops with imported ceramic or glass tile backsplash; built-in refrigerator, cooktop, and 36-inch commercial grade range and vent hood; and built-in warming drawer, trash compactor, and combination microwave and convection oven. Install high-end undermount sink with designer faucets and built-in water filtration system. Add general and task lighting, including low-voltage under-cabinet lights. Install cork flooring with cherry trim.
upscale
Major kitchen remodel |
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Job
Cost |
Resale
Value |
Cost
Recouped |
| National Average: |
$81,552
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$69,194
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84.8% |
| East Average: |
$82,528 |
$70,718 |
85.7% |
| Midwest Average: |
$83,333 |
$64,586 |
77.5% |
| South Average: |
$77,786 |
$65,111 |
83.7% |
| West Average: |
$83,720 |
$77,812 |
92.9% | |
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Midrange Bathroom Remodel
Project Description: Update an existing 5-by-7-foot bathroom
that's at least 25 years old. Replace all fixtures to include 30-by-60-inch porcelain-on-steel tub with 4-by-4 ceramic tile surround, new single-lever temperature and pressure-balanced shower control, standard white toilet, solid surface vanity counter with integral double sink, recessed medicine cabinet with light, ceramic tile floor, and vinyl wallpaper.
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Midrange Bathroom remodel |
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Job
Cost |
Resale
Value |
Cost
Recouped |
| National Average: |
$10,499 |
$10,727 |
102.2% |
| East Average: |
$10,978 |
$11,466 |
104.4% |
| Midwest Average: |
$11,047 |
$9,885 |
89.5% |
| South Average: |
$9,293 |
$9,596 |
103.3% |
| West Average: |
$11,025 |
$12,340 |
111.9% | |
Back to Top |
Upscale Bathroom Remodel
Project Description: Expand an existing 5-by-7-foot bathroom to 9 by 9 feet within existing house footprint. Add another window, bringing total glazing area to 30 square feet. Relocate and replace tub with custom 4-by-6-foot dual shower with top-of-line fittings and full-body-wash shower wall, tile, glass block surround, and glass door. Relocate and replace toilet. Add bidet. Add medium-range stone tops in custom vanity cabinet with twin designer undermount sinks and polished nickel faucets. Add linen/towel storage closet. Include ceramic tile floor, papered walls, and hardwood trim. Add general and spot lighting and a humidistat-controlled exhaust fan.
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upscale Bathroom remodel |
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Job
Cost |
Resale
Value |
Cost
Recouped |
| National Average: |
$26,052
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$24,286
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93.2% |
| East Average: |
$26,950 |
$26,211 |
97.3% |
| Midwest Average: |
$27,423 |
$21,379 |
78.0% |
| South Average: |
$23,428 |
$23,087 |
98.5% |
| West Average: |
$27,172 |
$26,778 |
98.5% | |
Back to Top |
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Midrange Bathroom Addition
Project Description: Add a full 6-by-8-foot bath located near bedrooms over a crawl space with poured concrete walls. Include cultured-marble vanity top with molded sink, standard chrome faucets, 30-by-60-inch fiberglass tub/shower with ceramic tile surround, single-lever temperature and pressure-balanced faucet, white low-profile toilet, general and spot lighting, mirrored medicine cabinet, linen storage closet or cabinet, vinyl wallpaper, and ceramic tile floor.
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Midrange Bathroom addition
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Job
Cost |
Resale
Value |
Cost
Recouped |
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National Average: |
$22,977
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$19,850
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86.4% |
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East Average: |
$24,010 |
$21,959 |
91.5% |
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Midwest Average: |
$24,157 |
$17,998 |
74.5% |
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South Average: |
$20,055 |
$17,648 |
88.0% |
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West Average: |
$24,560 |
$22,481 |
91.5% | |
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Upscale Bathroom Addition
Project Description: Add a 9-by-9-foot master bath to existing master bedroom over a crawl space. Include a 4-by-4-foot neo-angle shower with ceramic tile walls, recessed shower caddy, body spray fixtures, and frameless glass enclosure. Include a customized whirlpool tub, countertop with two integral sinks, two mirrored medicine cabinets with lighting, a compartmentalized commode area with one-piece toilet, and a humidistat-controlled exhaust fan. Use larger matching ceramic tiles on the floor, laid on the diagonal with ceramic tile base molding. Add general and spot lighting. Cabinetry includes a custom drawer base and wall cabinets. Extend HVAC system, and include electric in-floor heating and heated towel bars.
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upscale Bathroom addition
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Job
Cost |
Resale
Value |
Cost
Recouped |
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National Average: |
$47,212
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$40,488
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85.8% |
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East Average: |
$48,515 |
$42,322 |
87.2% |
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Midwest Average: |
$48,999 |
$36,178 |
73.8% |
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South Average: |
$43,028 |
$37,952 |
88.2% |
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West Average: |
$49,580 |
$46,335 |
93.5% | |
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Window Replacement
Project Description: Replace 10 existing 3-by-5-foot double-hung windows with wood replacement windows, double-glazed and exterior clad in vinyl or aluminum. Wrap existing exterior trim as required to match.
Don't disturb existing interior trim.
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Window replacement |
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Job
Cost |
Resale
Value |
Cost
Recouped |
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National Average: |
$9,684 |
$8,681
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89.6% |
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East Average: |
$9,831 |
$8,887 |
90.4% |
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Midwest Average: |
$10,139 |
$8,484 |
83.7% |
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South Average: |
$8,973 |
$7,506 |
83.7% |
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West Average: |
$10,007 |
$10,282 |
102.7% | |
Back to Top |
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Roofing Replacement
Project Description: Remove existing roofing to bare wood sheathing and dispose of properly. Install 30 squares of 235-pound fiberglass asphalt shingles (minimum 25-year warranty) with new felt underlayment, galvanized drip edge, and mill finish aluminum flashing. Assume a 5-square hip roof, custom flashing at two average-sized skylights, and custom cap treatment at vented ridge.
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Roofing replacement |
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Job
Cost |
Resale
Value |
Cost
Recouped |
|
National Average: |
$11,164 |
$9,456 |
84.7% |
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East Average: |
$12,155 |
$10,856 |
89.3% |
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Midwest Average: |
$12,401 |
$8,674 |
69.9% |
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South Average: |
$9,093 |
$7,983 |
87.8% |
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West Average: |
$11,557 |
$10,769 |
93.2% | |
Back to Top |
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Family Room Addition
Project Description: In a style and location appropriate to the existing house, add a 16-by-25-foot room on a crawl space foundation with vinyl siding and fiberglass shingle roof. Include drywall interior with batt insulation, prefinished hardwood floor, and 180 square feet of glazing, including windows, atrium-style exterior doors, and two operable skylights. Tie into existing HVAC. Add electrical system to code, including 12 recessed ceiling lights.
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National Average: |
$54,773
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$45,458 |
83.0% |
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East Average: |
$56,464 |
$48,690 |
86.2% |
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Midwest Average: |
$57,599 |
$41,842 |
72.6% |
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South Average: |
$48,778 |
$40,239 |
82.5% |
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West Average: |
$58,081 |
$52,820 |
90.9% | |
Back to Top |
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Home Office Remodel
Project Description: Convert an existing 12-by-12-foot room to a home office. Install custom cabinets to include 20 feet of laminate desktop, a computer workstation, and wall cabinet storage. Rewire room for computer, fax machine, and other electronic equipment, as well as cable and telephone lines. Include drywall interior, painted trim, and commercial-grade carpeting.
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Home office remodel
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Job
Cost |
Resale
Value |
Cost
Recouped |
|
National Average: |
$13,143 |
$9,569
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72.8% |
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East Average: |
$13,688 |
$10,211 |
74.6% |
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Midwest Average: |
$14,120 |
$8,610 |
61.0% |
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South Average: |
$11,500 |
$8,444 |
73.4% |
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West Average: |
$13,738 |
$11,395 |
82.9% | |
Back to Top |
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Midrange Master Suite Addition
Project Description: On a house with two or three bedrooms, add a 24-by-16-foot master bedroom suite over a crawl space. Include walk-in closet/dressing area, whirlpool tub in ceramic tile platform, separate 3-by-4-foot ceramic tile shower, and double-bowl vanity with solid surface countertop. Bedroom floor is carpet; bath floor is ceramic tile. Paint walls, ceiling, and trim. General and spot lighting. Exhaust fan.
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Midrange
Master suite addition
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Job
Cost |
Resale
Value |
Cost
Recouped |
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National Average: |
$73,370
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$60,460
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82.4% |
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East Average: |
$75,959 |
$64,419 |
84.8% |
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Midwest Average: |
$77,343 |
$57,592 |
74.5% |
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South Average: |
$65,037 |
$52,977 |
81.5% |
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West Average: |
$77,640 |
$69,425 |
89.4% | |
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Upscale Master Suite Addition
Project Description: Add a spacious sleeping area with lounging/sitting area adjacent to large master bath. Include custom bookcases and built-in storage with millwork details; high-end gas fireplace with stone hearth and custom mantle; and large walk-in closet/dressing area. Add French doors accessing outdoor space. Bath: Include a large walk-in shower with dual shower system, stone shower walls and floor, and custom frameless glass enclosure. Add whirlpool tub bordered on two sides by windows and built into granite or marble platform. Include two sinks in separate custom vanities with stone countertops and large mirrors. Create partitioned area for luxury one-piece toilet. General: Add bar sink, undercounter refrigerator, custom cabinetry, granite or marble countertop, and microwave. Include soundproofing, in-floor heating, custom wall finishes and hardware, general and spot lighting.
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upscale
Master suite addition
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Job
Cost |
Resale
Value |
Cost
Recouped |
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National Average: |
$137,891
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$110,512
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80.1% |
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East Average: |
$140,808 |
$113,387 |
80.5% |
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Midwest Average: |
$142,727 |
$105,329 |
73.8% |
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South Average: |
$127,990 |
$103,373 |
80.8% |
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West Average: |
$143,026 |
$122,484 |
85.6% | |
Back to Top |
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Remodeling magazine, published by Hanley-Wood LLC, has been producing this report annually for 19 years.
We'd like to thank the editors and designers of Remodeling, as well as the REALTORS® who contributed to bringing you this report.
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