West Windsor Real Estate including Plainsboro & Princeton - Jerel Washington - Realtor
we serve 7 NJ counties: mercer, middlesex, hunterdon, somerset, ocean, burlington & monmouth
Jerel Washington
Keller Williams Realty
MyRealtor@JerelWashington.com
Office:609.987.8889 ext. #1234
Mobile:609.933.9044
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GLOSSARY
COST-vs-VALUE
REGIONAL INVESTMENT RETURN EVALUATION DATA
Middle Atlantic
NJ:
All of New Jersey |
NY:
Albany, Buffalo, New York, Rochester
| PA:
Allentown, Harrisburg, Philadelphia, Pittsburgh
As compiled in the Remodeling 2010-11 Cost vs. Value Report (www.costvsvalue.com)
Middle Atlantic
— Midrange
2010-11 National Averages
Job Cost
Resale Value
Cost Recouped
Project
Job Cost
Resale Value
Cost Recouped
$55,218
$38,394
69.5%
Attic Bedroom
$51,428
$37,142
72.2%
$15,587
$7,027
45.1%
Backup Power Generator
$14,718
$7,136
48.5%
$69,106
$40,215
58.2%
Basement Remodel
$64,519
$45,186
70.0%
$43,591
$21,150
48.5%
Bathroom Addition
$40,710
$21,695
53.3%
$17,683
$10,793
61.0%
Bathroom Remodel
$16,634
$10,668
64.1%
$15,987
$10,212
63.9%
Deck Addition (composite)
$15,620
$10,337
66.2%
$11,205
$7,944
70.9%
Deck Addition (wood)
$10,973
$7,986
72.8%
$3,690
$2,095
56.8%
Entry Door Replacement (fiberglass)
$3,576
$2,147
60.0%
$1,279
$1,243
97.2%
Entry Door Replacement (steel)
$1,218
$1,243
102.1%
$90,832
$50,631
55.7%
Family Room Addition
$85,740
$53,624
62.5%
$63,785
$34,053
53.4%
Garage Addition
$60,608
$35,876
59.2%
$1,368
$1,061
77.6%
Garage Door Replacement
$1,291
$1,083
83.9%
$29,944
$12,907
43.1%
Home Office Remodel
$28,888
$13,235
45.8%
$60,710
$38,214
62.9%
Major Kitchen Remodel
$58,367
$40,126
68.7%
$115,030
$66,541
57.8%
Master Suite Addition
$108,090
$68,146
63.0%
$22,325
$15,246
68.3%
Minor Kitchen Remodel
$21,695
$15,790
72.8%
$23,644
$13,482
57.0%
Roofing Replacement
$21,488
$12,780
59.5%
$11,721
$8,515
72.7%
Siding Replacement (vinyl)
$11,357
$8,223
72.4%
$78,140
$35,052
44.9%
Sunroom Addition
$75,224
$36,540
48.6%
$171,895
$104,286
60.7%
Two-Story Addition
$165,243
$107,338
65.0%
$11,688
$8,033
68.7%
Window Replacement (vinyl)
$11,066
$7,920
71.6%
$12,691
$8,822
69.5%
Window Replacement (wood)
$12,027
$8,707
72.4%
Middle Atlantic
— Upscale
2010-11 National Averages
Job Cost
Resale Value
Cost Recouped
Project
Job Cost
Resale Value
Cost Recouped
$82,933
$40,181
48.5%
Bathroom Addition
$78,409
$41,562
53.0%
$56,687
$30,215
53.3%
Bathroom Remodel
$53,759
$30,738
57.2%
$39,540
$21,946
55.5%
Deck Addition (composite)
$38,382
$22,154
57.7%
$94,725
$45,214
47.7%
Garage Addition
$90,053
$48,278
53.6%
$3,635
$2,409
66.3%
Garage Door Replacement
$3,545
$2,476
69.8%
$8,015
$4,866
60.7%
Grand Entrance (fiberglass)
$7,700
$4,979
64.7%
$116,763
$64,968
55.6%
Major Kitchen Remodel
$113,464
$67,746
59.7%
$242,623
$115,402
47.6%
Master Suite Addition
$232,062
$122,370
52.7%
$41,967
$22,241
53.0%
Roofing Replacement
$38,022
$21,120
55.5%
$13,561
$10,547
77.8%
Siding Replacement (fiber-cement)
$13,382
$10,707
80.0%
$14,320
$10,346
72.2%
Siding Replacement (foam-backed vinyl)
$13,973
$10,119
72.4%
$15,129
$10,585
70.0%
Window Replacement (vinyl)
$14,284
$10,368
72.6%
$19,026
$12,247
64.4%
Window Replacement (wood)
$18,226
$12,303
67.5%