Cost vs Value Report 2009-10

What value can you expect from your remodeling investment dollars? Besides making the space more functional and updating the finishes; and let's don't forget the priceless smile on your face, what will you recoup from your investment? In brief, here are a few examples that affect most renovations in the Phoenix area.

Midrange Bathroom Remodel cost on average $14,654

Includes updating existing 5 x 7 bath with new standard white plumbing fixtures at existing locations. Solid surface counter top with integral sink on existing cabinetry, one medicine cabinet, one light fixture, ceramic tiled floor and 4x4 tile on shower wall. Expected cost recouped 67.8%

Midrange Major Kitchen Remodel cost on average $53,842

Update 200SF kitchen with 30LF of semi custom wood cabinets, includes 3x5 island; laminate counter tops, standard stainless steel sink with single lever faucet, and garbage disposal. New appliances include stainless steel wall oven, built in microwave, dishwasher, cook top, and hood. Install new lighting, vinyl flooring, and painted walls, ceilings, and trim.
Expected cost recouped 71.8%

Upscale Bathroom Remodel cost on average $48,747

Expand existing bathroom to 100SF within house footprint. Relocate plumbing fixtures and include a whirlpool bath and a 42"x42" angled shower with ceramic tiled walls. Shower to have soap niche, body spray, and frameless glass enclosure. Include cabinetry with a drawer base and tower with stone counter tops. Frame compartment for toilet with exhaust fan. Include plumbing for two sinks and faucets. Extend HVAC and install two medicine cabinets and new lighting. Flooring includes large ceramic tiles laid on a diagonal with tiled base molding. Expected cost recouped 65.4%

Upscale Major Kitchen Remodel cost on average $107,888

Update 200SF kitchen with 30LF of custom cherry cabinetry with accessories including roll out shelves. Install stone counter tops, tiled backsplash, undermount sink with designer faucet and water filtration system. Appliances include built in refrigerator, 36" commercial range with hood, built in warming drawer, and wall oven with microwave. Lighting includes general and task lighting with undercabinet lights. Upgraded flooring and base moulding finish the job. Expected cost recouped 63.8%

For more projects and information, click on on the Cost vs Value Report 2009-10 for the full article from Remodeling magazine or visit http://www.costvsvalue.com/.