2014 Cost versus Value

2014 Cost versus Value Report

The 2014 Cost versus Value Report recently was published for Chicago. This report compared job cost to resale value and calculated the cost recouped percentage. The percent recouped for several popular remodeling projects are as follows:

• Attic Bedroom – 98.2%
• Basement Remodel – 74.7%
• Bathroom Addition – 74.7%
• Bathroom Remodel – 103.2%
• Family Room Addition – 67.3%
• Garage Addition – 67.3%
• Home Office Remodel – 59.7%
• Major Kitchen Remodel – 78.2%
• Master Suite Addition – 75.0%
• Siding Replacement (vinyl) – 87.1%
• Sunroom Addition – 59.4%
• 2-Story Addition – 59.4%