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Gerrie Duffy, CRS, ABR
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907.322.6612
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Information for Sellers


Remodeling That Pays

Upgrading your home is always appealing, but which enhancements really get you a good return for your money when it’s time to sell? The 2003 Cost vs. Value Report by Remodeling magazine and REALTOR Magazine has the answer.

  2003 2002 Variance
Bathroom Remodel
Midrange 89.3% 87.5% 1.8%
Upscale 92.6 91.0 1.6
Bathroom Addition
Midrange
95.0
94.2
0.08
Upscale
84.3
81.4
2.9
Major Kitchen Remodel
Midrange
74.9
66.6
8.3
Upscale
79.6
79.8
-0.2
Master Suite
Midrange
76.4
75.1
1.3
Upscale
76.9
76.8
0.1
Family Room
Midrange
80.6
79.5
1.1
Deck
Midrange
104.2
N/A*
N/A*
Basement Remodel
Midrange
79.3
78.7
0.6
Siding Replacement
Midrange
98.1
79.1
19.0
Window Replacement
Midrange
84.8
73.8
11
Upscale
87.0
77.0
10
Attic Bedroom
Midrange
92.8
N/A*
N/A*

To see the complete article, visit http://www.realtor.org/rmomag.NSF/pages/costvaluedec03.