COST VERSUS VALUE....

 

When Doing Renovations -Do Your Research

 

Make smart decissions when upgrading. Gather information before you decide to make a change. The chart below is from Remodeling

 

Before

Before Remodel

After

2007 National Averages

Project Midrange Job Cost Resale Value Cost Recouped
Attic Bedroom Remodel $46,691 $35,771 76.6%
Back-Up Power Generator $13,357 $7,748 58%
Basement Remodel $59,435 $44,661 75.1%
Bathroom Addition $37,202 $24,553 66%
Bathroom Remodel $15,789 $12,366 78.3%
Deck Addition - Wood $10,347 $8,835 85.4%
Family Room Addition $78,989 $54,148 68.6%
Garage Addition $53,897 $37,461 69.5%
Home Office Remodel $27,193 $15,498 57%
Major Kitchen Remodel $55,503 $43,363 78.1%
Master Suite Addition $98,863 $68,172 69%
Minor Kitchen Remodel $21,185 $17,576 83%
Roofing Replacement $18,042 $12,166 67.4%
Siding Replacement $9,910 $8,245 83.2%
Sunroom Addition $69,817 $41,231 59.1%
Two-Story Addition $139,297 $103,010 73.9%
Window Replacement - Vinyl $10,448 $8,290 79.3%
Window Replacement - Wood $11,384 $9,241 81.2%

Still not sure if you should upgrade features of your home. Call me. Let me come take a look and I will coach you on the market conditions and options you have available to you in the Lake Ridge, Woodbridge area. The worst thing that could happen is you over improve.

CALL ME TODAY at 703-851-3085

Contact Peggy James or Erick Blackwelder of Erick and Company/Exit 1st Choice Realty, Woodbridge VA. Realtors®, call 703-851-3085 (Peggy) or 703-590-2252 (Office) to list your property for sale or to purchase a property in Lake Ridge, Westridge, Old Bridge Estates, River Falls, Middle County, Manassas, Montclair, Dumfries, Occoquan, Dale City, Gainesville area's