The following information is compiled and published by the National Re- modelers Council. The results (even in a sluggish economy) continue to show that our homes are still the most valuable investment tool that most of us have. So what will show you the most "Bang for your Buck" when it comes to remodeling/updating?
Major Kitchen Remodel
National Average
Cost: $56,611 Resale Value: $43,030 Cost Recouped: 76.0%
Pacific Northwest
Cost: $62,997 Resale Value: $55,025 Cost Recouped: 87.3%
Minor Kitchen Remodel
National Average
Cost: $21,246 Resale Value: $16,881 Cost Recouped: 79.5%
Pacific Northwest
Cost: $22,974 Resale Value: $21,944 Cost Recouped: 95.5%
Mid Range Bathroom Remodel
National Average
Cost: $15,899 Resale Value: $11,857 Cost Recouped: 74.6%
Pacific Northwest
Cost: $18,452 Resale Value: $15,992 Cost Recouped: 86.7%
Savvy homeowners are using this time and information to give them an edge. They are updating their homes and enjoying the new amenities while building value and market appeal into their homes.
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Thanks for sharing the useful information. It was really amazing and very informative. Keep sharing
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Design A Kitchen Remodel
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Bathroom Remodel
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