This article was published on: 12/01/2005
FEATURE: 2005 COST vs. VALUE REPORT

 

Remodeling's Payoff

MINOR KITCHEN REMODEL
	Job Cost	Resale Value	Cost Recouped
National Average:	$14,913	$14,691	98.5%
East Average:	$15,172	$15,316	100.9%
Midwest Average:	$15,426	$13,151	85.3%
South Average:	$13,998	$13,498	96.4%
West Average:	$15,328	$17,209	112.3%

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MIDRANGE MAJOR KITCHEN REMODEL
	Job Cost	Resale Value	Cost Recouped
National Average:	$43,862	$39,920	91.0%
East Average:	$44,659	$42,490	95.1%
Midwest Average:	$45,237	$36,691	81.1%
South Average:	$41,133	$36,329	88.3%
West Average:	$45,242	$45,353	100.2%