Remodel or
Sell As-Is?
(Source: The Institute of Real Estate Appraisers)
|
Improvement
|
Estimated
Cost
|
Amount Recoverable
|
|
Add a Full Bathroom: |
$5,000 - $10,000
|
|
|
80%
|
|
|
50%
|
|
| Add a Bedroom: |
$2,000 - $4,000
|
|
|
75%
|
|
|
65%
|
|
| Add a Garage: |
$5,000 - $10,000
|
up to 50%
|
| Kitchen Remodel: |
$6,000 - $10,000
|
70% to 100%
|
| Bathroom Remodel: |
$6,000 - $10,000
|
50% to 70%
|
| Add a Fireplace: |
$1,500 - $3,000
|
up to 75%
|
| Basement Conversion: |
$3,000 - $15,000
|
50%
|
| Window Replacement: |
$6,000 - $10,000
|
30% to 60%
|
| Install Central Air: |
$2,000 - $4,500
|
up to 75%
|
| Install new furnace: |
$1,500 - $3,000
|
0% to 50%
|
| Repaint home: |
$1,500 - $2,500
|
30% to 80%
|
| Add maintenance
free Exterior siding or stucco: |
$7,000 - $18,000
|
up to 75%
|
| Auto Sprinkler System: |
$1,000 - $3,500
|
40% to 60%
|
| Thorough Cleaning: |
$100 - $500
|
100% to 500%
|
| Add a Swimming Pool: |
$10,000+
|
0% to 40%
|
| Add a patio or deck: |
$2,500 - $5,000+
|
35% to 70%
|