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Knowledge Base

Remodeling That Pays

Upgrading your home is always appealing, but which enhancements really get you a good return for your money when it's time to sell? The 2003 Cost vs. Value Report by Remodeling magazine and REALTOR Magazinehas the answer.

To see the complete article, visit http://www.realtor.org/rmomag.NSF/pages/costvaluedec03.

2003

2002

Variance

Bathroom Remodel

Midrange

89.3%

87.5%

1.8%

Upscale

92.6

91.0

1.6

Bathroom Addition

Midrange

95.0

94.2

0.08

Upscale

84.3

81.4

2.9

Major Kitchen Remodel

Midrange

74.9

66.6

8.3

Upscale

79.6

79.8

-0.2

Master Suite

Midrange

76.4

75.1

1.3

Upscale

76.9

76.8

0.1

Family Room

Midrange

80.6

79.5

1.1

Deck

Midrange

104.2

N/A*

N/A*

Basement Remodel

Midrange

79.3

78.7

0.6

Siding Replacement

Midrange

98.1

79.1

19.0

Window Replacement

Midrange

84.8

73.8

11

Upscale

87.0

77.0

10

Attic Bedroom

Midrange

92.8

N/A*

N/A*