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Lee Ginsburg is an award-winning Realtor with 30 years experience in Peninsula residential real estate. With the utmost attention to detail, Lee delivers expert marketing, negotiating, and management of all financial matters. With a strong commitment to honesty, fairness and hard work, Lee has successfully helped first time home buyers, move up buyers and investors.

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Saturday, May 8, 2010

Remodeling? Don't do it to resell!

Midrange Remodeling Costs Vs. Payback from Remodeling Magazine
http://www.remodeling.hw.net/2009/costvsvalue/division/pacific/city/san-francisco--ca.aspx

repair man

Job Cost

Resale Value

Cost Recouped

Project

Job Cost

Resale Value

Cost Recouped

Change vs.. 2008-09

$13,114

$10,674

81.4%

Siding Replacement (vinyl)

$10,607

$8,476

79.9%

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$12,760

$11,328

88.8%

Window Replacement (vinyl)

$10,728

$8,217

76.6%

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$13,804

$12,175

88.2%

Window Replacement (wood)

$11,700

$9,044

77.3%

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$47,052

$32,057

68.1%

Bathroom Addition

$39,046

$23,233

59.5%

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$18,864

$14,517

77.0%

Bathroom Remodel

$16,142

$11,454

71.0%

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$16,956

$13,922

82.1%

Deck Addition (composite)

$15,373

$10,904

70.9%

clip_image002[5]

$12,838

$11,744

91.5%

Deck Addition (wood)

$10,634

$8,573

80.6%

clip_image002[6]

$3,835

$2,930

76.4%

Entry Door Replacement (fiberglass)

$3,490

$2,275

65.2%

clip_image004[3]

$1,353

$1,732

128.0%

Entry Door Replacement (steel)

$1,172

$1,470

128.9%

clip_image004[4]

$100,023

$73,551

73.5%

Family Room Addition

$82,756

$54,051

65.3%

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$83,463

$45,245

54.2%

Sunroom Addition

$73,167

$37,118

50.7%

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$184,839

$143,073

77.4%

Two-Story Addition

$156,309

$107,286

68.6%

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$63,803

$53,923

84.5%

Major Kitchen Remodel

$57,215

$41,260

72.1%

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$124,579

$90,616

72.7%

Master Suite Addition

$103,696

$67,578

65.2%

clip_image002[11]

$23,210

$21,991

94.8%

Minor Kitchen Remodel

$21,411

$16,773

78.3%

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$24,712

$18,829

76.2%

Roofing Replacement

$19,731

$13,133

66.6%

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