Cost Verses Value Report 2016


Regional Data – East North Central

 

Midrange
2016 National Averages
East North Central
Project
Job
Cost
Resale Value
Cost Recouped
Job
Cost
Resale Value
Cost Recouped
Change vs 2015
Attic Insulation (fiberglass)$1,268$1,482116.9%$1,275$1,23697.0%
Backup Power Generator$12,712$7,55659.4%$12,883$6,93653.8%
Basement Remodel$68,490$48,19470.4%$69,921$42,64361.0%
Bathroom Addition$42,233$23,72756.2%$43,411$22,74352.4%
Bathroom Remodel$17,908$11,76965.7%$18,383$10,99159.8%
Deck Addition (composite)$16,798$10,81964.4%$16,901$9,53956.4%
Deck Addition (wood)$10,471$7,85075.0%$10,468$6,97466.6%
Entry Door Replacement (fiberglass)$3,126$2,57482.3%$3,136$2,42977.5%
Entry Door Replacement (steel)$1,335$1,21791.1%$1,342$1,09081.2%
Family Room Addition$86,615$58,80767.9%$88,379$56,36763.8%
Garage Door Replacement$1,652$1,51291.5%$1,677$1,34380.1%
Major Kitchen Remodel$59,999$38,93864.9%$60,689$38,62663.6%
Manufactured Stone Veneer$7,519$6,98892.9%$7,534$5,88178.1%
Master Suite Addition$115,810$74,22464.1%$117,828$68,58758.2%
Minor Kitchen Remodel$20,122$16,71683.1%$20,477$15,05773.5%
Roofing Replacement$20,142$14,44671.7%$20,173$13,05564.7%
Siding Replacement (engineered)$13,832$10,86678.6%$13,996$9,59468.5%
Siding Replacement (vinyl)$12,341$9,03273.2%$12,428$8,20666.0%
Two-Story Addition$171,056$118,55569.3%$172,109$112,17165.2%
Upscale
2016 National Averages
East North Central
Project
Job
Cost
Resale Value
Cost Recouped
Job
Cost
Resale Value
Cost Recouped
Change vs 2015
Bathroom Addition$79,380$45,00656.7%$80,551$43,08653.5%
Bathroom Remodel$57,411$32,99857.5%$58,200$32,76956.3%
Deck Addition (composite)$37,943$21,87757.7%$38,381$20,30652.9%
Garage Door Replacement$3,140$2,83090.1%$3,137$2,45678.3%
Grand Entrance (fiberglass)$7,971$5,54569.6%$7,991$4,95362.0%
Major Kitchen Remodel$119,909$73,70761.5%$120,872$71,38059.1%
Master Suite Addition$245,474$140,44857.2%$248,191$136,78055.1%
Siding Replacement (fiber-cement)$14,520$11,34278.1%$14,703$9,90767.4%
Siding Replacement (foam-backed vinyl)$15,708$10,63667.7%$15,880$10,54866.4%
Window Replacement (vinyl)$14,725$10,79473.3%$14,814$9,87166.6%
Window Replacement (wood)$18,087$13,05072.1%$18,203$12,87270.7%