Here’s a look at this year’s trends for popular remodeling projects and how those projects retain resale value in the Pacific region of the country for mid-range homes.
ENTRY DOOR REPLACEMENT (STEEL)
Job Cost: $1,366 Resale Value: $1,683
Cost Recouped: 723.0%
GARAGE DOOR REPLACEMENT
Job Cost: $1,756 Resale Value: $1,929
Cost Recouped: 770.0%
DECK ADDITION (WOOD)
Job Cost: $11,685 Resale Value: $11,828
Cost Recouped: 707.2%
DECK ADDITION (COMPOSITE)
Job Cost: $17,484 Resale Value: $13,995
Cost Recouped: 80.0%
ATTIC BEDROOM
Job Cost: $60,675 Resale Value: $55,646
Cost Recouped: 91.7%
SUNROOM ADDITION
Job Cost: $83,694 Resale Value: $47,488
Cost Recouped: 56.7%
BATHROOM REMODEL
Job Cost: $19,436 Resale Value: $16,681
Cost Recouped: 85.8%
BATHROOM ADDITION
Job Cost: $45,635 Resale Value: $33,715
Cost Recouped: 73.9%
WINDOW REPLACEMENT (WOOD)
Job Cost: $12,489 Resale Value: $11,911
Cost Recouped: $95.4%
WINDOW REPLACEMENT (VINYL)
Job Cost: $11,465 Resale Value: $10,372
Cost Recouped: 90.5%
TWO-STORY ADDITION
Job Cost: $183,801 Resale Value: $136,524
Cost Recouped: $74 .3%
Source: Remodeling 2015 Cost VS Value Report
CALIFORNIA ASSOCIATION OF REALTORS®