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 2004 Cost vs. Value Report  

Source: REMODELING Magazine | Publication date: 2004-11-01
 

2004 NATIONAL AVERAGES

IMPROVEMENT | PRICE RANGE

 

COST

$

VALUE

$

RECOVERY

%

VARIANCE RANKING
2003 2002 2004 2003 2002
Minor Kitchen Remodel  15,273 14,195
92.9
n/a
n/a
1
n/a
n/a
Siding Replacement   6,946   6,445
92.2
-5.4%
17.3%
2
2
7
Bath Remodel | Mid   9,861   8,887
90.1
0.9%
3.0%
3
6
3
Deck Addition   6,917   6,000
86.7
-16.8%
n/a
4
1
n/a
Bathroom Addition | Mid  21,087  18,226
86.4
-9.0%
-8.3%
5
3
1
Bathroom Remodel | Upper  25,273  21,629
85.6
-7.6%
-6.0%
6
5
2
Window Replacement | Mid   9,273   7,839
84.5
-0.3%
14.6%
7
8
12
Window Replacement | Upper  15,383  12,875
83.7
-3.7%
8.7%
8
7
9
Attic Bedroom  35,960  29,725
82.7
-10.9%
n/a
9
4
n/a
Bathroom Addition | Upper  41,587  33,747
81.1
-3.7%
-0.3%
10
9
4
Roofing Replacement  11,376   9,197
80.8
n/a
20.6%
11
n/a
13
Family Room  52,562  42,347
80.6
-0.1%
1.4%
12
10
6
Major Kitchen Remodel | Upper  75,206  60,367
80.3
0.8%
0.6%
13
11
5
Master Suite | Mid  70,245  56,257
80.1
4.9%
6.6%
14
14
11
Major Kitchen Remodel | Mid  42,660  33,890
79.4
6.0%
19.4%
15
15
14
Master Suite | Upper 134,364 104,200
77.6
0.8%
1.0%
16
13
10
Basement Remodel  47,888  36,457
76.1
-4.0%
-3.2%
17
12
8
Sunroom Addition 31,063 22,002
70.8
n/a
n/a
18
n/a
n/a

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