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This article was published on: 12/01/2005
FEATURE: 2005 COST vs. VALUE REPORT
Remodeling's Payoff
| MINOR KITCHEN REMODEL |
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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% |
| MIDRANGE MAJOR KITCHEN REMODEL |
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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% |
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Paradise Valley, Laveen, Apache Junction, Queen Creek, Ahwatukee, Avondale, Buckeye, Cave Creek
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