Remodeling Costs Verses Value Report 2015

Chicago Area Remodeling Cost verses Value Report

Midrange
2015 National Averages
East North Central
Project
Job
Cost
Resale Value
Cost Recouped
Job
Cost
Resale Value
Cost Recouped

Change vs 2014

Attic Bedroom$51,696$39,90877.2%$52,433$37,22671.0%
Backup Power Generator$12,135$7,26359.9%$12,240$6,21550.8%
Basement Remodel$65,442$47,63772.8%$66,425$39,60159.6%
Bathroom Addition$39,578$22,87557.8%$40,392$20,39250.5%
Bathroom Remodel$16,724$11,70770.0%$17,120$10,33760.4%
Deck Addition (composite)$15,912$10,81668.0%$16,086$9,64660.0%
Deck Addition (wood)$10,048$8,08580.5%$10,275$7,21770.2%
Entry Door Replacement (fiberglass)$2,926$2,10772.0%$2,946$2,04469.4%
Entry Door Replacement (steel)$1,230$1,252101.8%$1,244$1,07386.3%
Family Room Addition$84,201$53,95564.1%$85,380$50,20758.8%
Garage Addition$52,382$33,93864.8%$52,758$29,53156.0%
Garage Door Replacement$1,595$1,41088.4%$1,610$1,34183.3%
Home Office Remodel$29,066$14,15548.7%$29,468$11,79240.0%
Major Kitchen Remodel$56,768$38,48567.8%$57,407$35,12761.2%
Manufactured Stone Veneer$7,150$6,59492.2%$7,189$5,82281.0%
Master Suite Addition$111,245$68,59661.7%$112,684$60,29153.5%
Minor Kitchen Remodel$19,226$15,25579.3%$19,503$13,52269.3%
Roofing Replacement$19,528$13,97571.6%$19,503$12,50764.1%
Siding Replacement (vinyl)$12,013$9,69480.7%$12,236$8,94473.1%
Sunroom Addition$75,726$36,70448.5%$76,677$34,17544.6%
Two-Story Addition$161,925$103,84864.1%$163,914$95,74158.4%
Window Replacement (vinyl)$11,198$8,16372.9%$10,448$7,76274.3%
Window Replacement (wood)$11,341$8,93778.8%$11,472$8,19671.4%
Upscale
2015 National Averages
East North Central
Project
Job
Cost
Resale Value
Cost Recouped
Job
Cost
Resale Value
Cost Recouped
Change vs 2014
Bathroom Addition$76,429$44,75058.6%$77,538$39,73351.2%
Bathroom Remodel$54,115$32,38559.8%$54,622$29,10353.3%
Deck Addition (composite)$36,385$21,43758.9%$36,828$19,72953.6%
Garage Addition$85,592$46,79154.7%$86,319$41,91548.6%
Garage Door Replacement$2,944$2,42982.5%$2,966$2,28277.0%
Grand Entrance (fiberglass)$7,548$5,09967.6%$7,603$4,57560.2%
Major Kitchen Remodel$113,097$66,74759.0%$114,020$60,90653.4%
Master Suite Addition$236,363$126,86053.7%$239,034$115,52048.3%
Roofing Replacement$36,329$22,84062.9%$37,201$20,36354.7%
Siding Replacement (fiber-cement)$14,014$11,81684.3%$14,314$11,35879.4%
Siding Replacement (foam-backed vinyl)$15,184$11,79077.6%$15,449$10,73369.5%
Window Replacement (vinyl)$13,837$10,36574.9%$13,970$9,96971.4%
Window Replacement (wood)$17,422$12,53371.9%$17,576$11,68866.5%