B+A Greater Boston

April 2015

Issue link: https://viewer.e-digitaledition.com/i/497488

Contents of this Issue

Navigation

Page 29 of 55

Worst ROI Add-On Cost Resale Value Cost Recouped Sunroom addition $75,726 $36,704 48.5% Home offi ce remodel $29,066 $14,155 48.7% Master suite addition $236,363 $126,860 53.7% Garage addition $85,592 $46,791 54.7% Bathroom addition $39,578 $22,875 57.8% Major kitchen remodel $113,097 $66,747 59% Bathroom remodel $54,115 $32,385 59.8% Remodeling magazine has released its Cost vs. Value Report for 2015. These data-driven predictions highlight which home features may reap the highest return on investment — and could help builders generate more interest among prospective clients. Add-On Cost Resale Value Cost Recouped Entry door replacement (steel) $1,230 $1,252 101.8% Manufactured stone veneer $7,150 $6,594 92.2% Garage door replacement $1,595 $1,410 88.4% Siding replacement (fi ber-cement) $14,014 $11,816 84.3% Siding replacement (vinyl) $12,013 $9,694 80.7% Deck addition (wood) $10,048 $8,085 80.5% Minor kitchen remodel $19,226 $15,255 79.3% Best ROI Coast to Coast The average cost recouped from a minor kitchen remodel in California, Washington and Oregon is .. The same project recoups only . of its cost in Atlantic coastal states from Florida to Delaware, according to Remodeling's report. Add On, By Colin Stayton Decking (Cost Recouped) Wood (80.5%) Composite (68%) Windows (Cost Recouped) Wood (78.8%) Vinyl (72.9%) Siding (Cost Recouped) Fiber-cement (84.3%) Vinyl (80.7%) Foam-backed vinyl (77.6%) Add Up Material Matters MARKETING MINUTE | Greater Boston Builder+Architect BOSTON.BUILDERARCHITECT.COM

Articles in this issue

Links on this page

Archives of this issue

view archives of B+A Greater Boston - April 2015