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Do you know how much of your money invested in a renovation project is likely to be recovered when the home is sold? It depends.....listed below are the estimates of the returns generated by projects from "Remodeling" Magazine's annual Cost vs. Value Report (costs are based on national averages).
Project Minor Kitchen Remodel Major Kitchen Remodel Bathroom Remodel Bathroom Addition Family Room Addition Home Office Conversion Attic Bedroom Addition
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Average Cost $55,687 8,507 21,262 8,423 11,645 36,472
8,103 22,840
|
Percent Recovered 83% 94% 96% 77% 91% 84%
67% 84%
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