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. 2003 2002 Variance Bathroom Remodel Midrange 89.3% 87.5% 1.8% Upscale 92.6 91.0 1.6 Bathroom Addition Midrange 95.0 94.2 0.08 Upscale 84.3 81.4 2.9 Major Kitchen Remodel Midrange 74.9 66.6 8.3 Upscale 79.6 79.8 -0.2 Master Suite Midrange 76.4 75.1 1.3 Upscale 76.9 76.8 0.1 Family Room Midrange 80.6 79.5 1.1 Deck Midrange 104.2 N/A* N/A* Basement Remodel Midrange 79.3 78.7 0.6 Siding Replacement Midrange 98.1 79.1 19.0 Window Replacement Midrange 84.8 73.8 11 Upscale 87.0 77.0 10 Attic Bedroom Midrange 92.8 N/A* N/A*
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.
2003
2002
Variance
Bathroom Remodel
Midrange
89.3%
87.5%
1.8%
Upscale
92.6
91.0
1.6
Bathroom Addition
95.0
94.2
0.08
84.3
81.4
2.9
Major Kitchen Remodel
74.9
66.6
8.3
79.6
79.8
-0.2
Master Suite
76.4
75.1
1.3
76.9
76.8
0.1
Family Room
80.6
79.5
1.1
Deck
104.2
N/A*
Basement Remodel
79.3
78.7
0.6
Siding Replacement
98.1
79.1
19.0
Window Replacement
84.8
73.8
11
87.0
77.0
10
Attic Bedroom
92.8