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Estimated Costs of Home Improvements
The following chart describes some typical home improvements, their approximate costs and the estimated cost recovery potential upon resale. The rate of return will vary, depending on the local housing market. |
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Type of improvement |
Description |
Professional Cost |
% of Recovery |
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Air conditioning |
Install central air unit, concrete pad and all fittings to existing ductwork. |
$2,200 |
80% |
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Bathroom |
Install new fixtures, flooring, trim and decorate. |
$7,000 |
71% |
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Deck |
Install 225 square foot deck with concrete footings, handrails, benches and stairway. |
$2,000 |
80-100% |
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Fireplace |
Install prefab fireplace, frame, fittings, hearth, and mantel and chimney top. |
$3,200 |
90% |
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Furnace Replacement |
Replace existing forced-air unit with high-efficiency forced air furnace |
$2,300 |
86% |
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Insulation, etc. |
Caulk and weather-strip doors and windows, add setback thermostat, increase attic insulation to R-22, insulate hot water heater. |
$1,500 |
75% |
|
Kitchen Remodeling |
Install new cabinets, island, desk, shelves, laminate countertops, faucet, sink, appliances and decorate. |
$12,000 |
80% |
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Landscaping |
Add 3 15-foot shade tees, 15 shrubs, 100 square feet of ground-cover beds, and 4' by 20' brick walkway. |
$12,000 |
50% |
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Roof |
Remove 1000 square feet of existing roofing. Apply asphalt felt underlay and 300 pound asphalt or fiberglass shingles, roof ridge, soffit vent, drip edge and flashing. |
$1,300-$1,600 |
88% |
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Sun room |
Add 9 by 14 precut wood and glass sunroom, including shades, ceramic tile flooring, exterior siding; includes excavation and site work |
$14,000-
$20,000 |
50% |
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Window/door replacement |
Replace 16 3' by 5' double-hung windows with vinyl-clad wood windows with double-paned glass; includes casing and trim. Replace 2 existing doors with 6 panel colonial-style pine doors, along with frames, casings, sills, hinges, drip caps, and weather stripping. Includes caulking and painting. |
$10,000-
$13,000 |
50% |
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