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Cost VS Value remodeling using Indianapolis
February 11th, 2012 1:05 PM

COST VS VALUE IN

Indianapolis, IN

 

East North Central — Midrange

2011-12 National Averages

Job Cost

Resale Value

Cost Recouped

Project

Job Cost

Resale Value

Cost Recouped

Change vs. 2010-11

$53,240

$33,487

62.9%

atticbedroom

$50,148

$36,346

72.5%

BR/ATT

$15,614

$6,444

41.3%

backuppowergener

$14,760

$7,009

47.5%

GEN BU

$66,371

$36,744

55.4%

basementremodel.

$63,378

$42,338

66.8%

BMT RE

$42,258

$18,381

43.5%

bathroomaddition.

$40,096

$20,455

51.0%

BA ADD

$17,190

$9,497

55.2%

bathroomremodel.

$16,552

$10,293

62.2%

BA REM

$15,902

$8,922

56.1%

deckaddition comp

$15,579

$9,780

62.8%

DECK

$10,793

$6,655

61.7%

deckadditionwood.

$10,350

$7,259

70.1%

DK WD

$3,624

$1,879

51.8%

entrydoorreplace F

$3,536

$1,990

56.3%

fibergl

$1,283

$881

68.7%

entrydoorreplace

$1,238

$903

73.0%

steel

$88,215

$47,999

54.4%

familyroomaddition

$83,118

$50,004

60.2%

FR ADD

$61,099

$29,495

48.3%

garage addition

$57,824

$33,089

57.2%

GAR

$1,562

$1,019

65.2%

garagedoorreplace

$1,512

$1,087

71.9%

GAR

$28,877

$11,071

38.3%

homeofficeremodel.

$27,963

$11,983

42.9%

office-H

$59,155

$35,097

59.3%

majorkitchenremod

$57,494

$37,785

65.7%

KITREM

$112,323

$60,268

53.7%

mastersuiteadditio

$106,196

$62,874

59.2%

BR REM

$20,008

$13,140

65.7%

minorkitchenremo

$19,588

$14,120

72.1%

KIT RE

$23,037

$11,535

50.1%

roofingreplacement

$21,204

$12,257

57.8%

ROOF

$12,056

$7,719

64.0%

side replace vinyl

$11,729

$8,155

69.5%

V S REP

$76,428

$33,145

43.4%

sunroomaddition

$74,310

$34,133

45.9%

SR

$173,467

$97,160

56.0%

twostoryaddition

$165,796

$103,391

62.4%

2 STY A

$11,880

$7,419

62.5%

windowreplace Vin

$11,319

$7,692

68.0%

VIN RE

$12,863

$8,062

62.7%

windowreplace wd

$12,229

$8,258

67.5%

WD RE

East North Central — Upscale

2011-12 National Averages

Job Cost

Resale Value

Cost Recouped

Project

Job Cost

Resale Value

Cost Recouped

Change vs. 2010-11

$79,778

$38,244

47.9%

bathadditionup

$76,209

$40,061

52.6%

EX Qu

$54,069

$26,895

49.7%

bathremodelup

$52,249

$28,972

55.5%

EX Qu

$38,521

$18,822

48.9%

deckadditionco

$37,829

$20,637

54.6%

compos

$90,713

$39,927

44.0%

garageaddition

$86,347

$44,987

52.1%

EX Qu

$3,019

$1,949

64.6%

garagedoorrepl

$2,994

$2,129

71.1%

EX Qu

$7,731

$4,358

56.4%

grandentrance

$7,488

$4,554

60.8%

fibergla

$113,020

$59,375

52.5%

majorkitchenre

$110,938

$63,731

57.4%

EX Qu

$236,129

$106,029

44.9%

mastersuitead

$227,178

$114,822

50.5%

EX Qu

$40,819

$19,651

48.1%

roofing replace

$37,481

$20,435

54.5%

Roof

$13,648

$9,817

71.9%

sidingreplacem

$13,461

$10,493

78.0%

Door

$14,551

$9,437

64.9%

sidingreplacem

$14,274

$9,937

69.6%

Vindoor

$15,055

$9,596

63.7%

windowreplace

$14,328

$9,898

69.1%

vinyl W

$19,771

$11,695

59.2%

windowreplace

$18,999

$12,175

64.1%

wd Win

http://www.remodeling.hw.net/2011/costvsvalue/userguidelines.aspx | http://www.remodeling.hw.net/2011/costvsvalue/help.aspx | http://hanleywood.com/?page=privacy


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Posted by John Nicholson, IFA CRA on February 11th, 2012 1:05 PMPost a Comment

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