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Remodeling Cost vs Value Report 2007

Demographics
Population Population
Households Households
Housing Housing
Income Income
Ethnicity Ethnicity
Education Education
Source:
U.S. 2000 Census

Boston, MA

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New England 2007
 National Averages

Job Cost
Resale Value
Cost Recouped
Project Midrange
Job Cost
Resale Value
Cost Recouped
$48,982 $37,584 76.7% Attic Bedroom Remodel
 $46,691 $35,771 76.6%
$13,759 $7,317 53.2% Back-Up Power Generator
 $13,357 $7,748 58%
$61,673 $40,544 65.7% Basement Remodel
 $59,435 $44,661 75.1%
$38,617 $25,437 65.9% Bathroom Addition
 $37,202 $24,553 66%
$16,302 $12,197 74.8% Bathroom Remodel
 $15,789 $12,366 78.3%
$10,634 $8,977 84.4% Deck Addition - Wood
 $10,347 $8,835 85.4%
$81,931 $54,713 66.8% Family Room Addition
 $78,989 $54,148 68.6%
$55,598 $37,067 66.7% Garage Addition
 $53,897 $37,461 69.5%
$27,630 $15,398 55.7% Home Office Remodel
 $27,193 $15,498 57%
$56,438 $43,848 77.7% Major Kitchen Remodel
 $55,503 $43,363 78.1%
$102,741 $70,175 68.3% Master Suite Addition
 $98,863 $68,172 69%
$21,516 $18,507 86% Minor Kitchen Remodel
 $21,185 $17,576 83%
$20,307 $14,065 69.3% Roofing Replacement
 $18,042 $12,166 67.4%
$9,990 $9,156 91.7% Siding Replacement
 $9,910 $8,245 83.2%
$71,064 $41,289 58.1% Sunroom Addition
 $69,817 $41,231 59.1%
$143,298 $105,475 73.6% Two-Story Addition
 $139,297 $103,010 73.9%
$10,702 $8,698 81.3% Window Replacement - Vinyl
 $10,448 $8,290 79.3%
$11,697 $9,514 81.3% Window Replacement - Wood
 $11,384 $9,241 81.2%
New England Project Upscale
 National Averages
Job Cost Resale Value Cost Recouped Project
Upscale
 Job Cost Resale Value Cost Recouped
$75,281 $48,236 64.1% Bathroom Addition
$73,145 $50,442 69%
$51,930 $33,415 64.3% Bathroom Remodel
$50,590 $34,588 68.4%
$15,224 $11,833 77.7% Deck Addition - Composite
 $15,039 $11,672 77.6%
$84,922 $55,901 65.8% Garage Addition
$82,108 $53,056 64.6%
$110,450 $84,689 76.7% Major Kitchen Remodel
$109,394 $81,096 74.1%
$226,020 $144,787 64.1% Master Suite Addition
$220,149 $141,120 64.1%
$37,396 $24,016 64.2% Roofing Replacement (steel)
$33,151 $21,769 65.7%
$13,310 $11,517 86.5% Siding Replacement (fiber-cement)
$13,212 $11,633 88.1%
$12,182 $10,328 84.8% Siding Replacement (foam-backed vinyl)
$12,132 $9,668 79.7%
$13,913 $11,470 82.4% Window Replacement - Vinyl
$13,479 $10,913 81%
$17,729 $13,682 77.2% Window Replacement - Wood
$17,383 $13,784 79.3%

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