Is a remodeling project on your “to do” list for 2007

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Is a remodeling project on your “to do” list for 2007?
What follows are “best estimates” for the most typically consistent remodeling projects seen across the
country. Unless otherwise noted, the maximum time between remodeling and re-sale must be five years.
Project
Kitchen–
Minor
Job
Cost
$13,998
Resale
Value
$13,498
Cost
Comments
Recouped
96.4% In a functional, but dated 200 sq ft kitchen with 30
linear feet of cabinetry and countertops; leave
cabinet boxes, but replace fronts with new doors and
drawers. Replace appliances, laminate countertops,
sink and faucet. Replace floor and remove all
wallpaper and add a new coat of paint.
KitchenMajor
$41,133 $36,329
88.3%
Bathroom
$9,293
$9,596
103.3%
Basement $46,501 $45,025
(with full
bath)
96.8%
Deck
$10,588
$8,731
82.5%
Roof
$9,093
$7,983
87.8%
Replace existing cabinets with semi-custom grade
wood. Replace laminate countertops and add a
stainless steel sink, new faucet, new energy-efficient
appliances, and custom flooring. Repaint walls and
trim. Add a 3x5 foot island.
Update existing 5x7 foot bathroom by replacing all
fixtures to include 30x60 porcelain-on-steel tub
with 4x4 ceramic tile surround, new single-lever
temperature and pressure-balanced shower control,
standard white toilet, solid surface vanity counter
with double sink and ceramic floor.
Create a 20x30 foot entertaining area with wet bar, a
5x8 full bath and a 12x12 auxiliary room. Painted
drywall throughout, exterior walls are insulated,
recessed lighting, and laminate floor system. The bar
includes raised-panel oak cabinets, stainless tell bar
sink, under-counter refrigerator and vinyl floor tile.
Add a 16x20 foot deck using pressure-treated
southern yellow pine joists supported by 4x4 posts set
into concrete footings. Install composite deck
material in a simple linear pattern. Includes built in
bench, planters, stairs and complete railing system.
Remove existing roofing to bare wood sheathing and
dispose of properly. Install 30 squares of 235-pound
fiberglass asphalt shingles with new felt underlay,
galvanized drip edge and mill finish aluminum
flashing. Assumed a 5-square hip roof, custom
flashing at two skylights and a custom cap treatment
at vented ridge.
Windows
$8,973
$7,506
83.7%
Replace 10 existing 3x5 foot double hung windows
with wood replacement windows, double glazed and
exterior clad in vinyl or aluminum. Wrap existing
exterior trim as required to match.
*Source – Realtor Magazine, December 2005
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Keller Williams, First Atlanta office
Atlanta Realty Team
Donna McClure – direct: 678-904-9864, cell: 404-661-3348
donna@atlantarealtyteam.com
Susan Fraley – direct: 678-904-9863, cell: 404-583-8873
susan@atlantarealtyteam.com
Opening Doors…. To make you feel at home!
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