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Remodeling Cost vs Value Report 2007

Demographics
Population Population
Households Households
Housing Housing
Income Income
Ethnicity Ethnicity
Education Education
Source:
U.S. 2000 Census

Birmingham, AL

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East South Central 2007
 National Averages

Job Cost
Resale Value
Cost Recouped
Project Midrange
Job Cost
Resale Value
Cost Recouped
$41,686 $34,822 83.5% Attic Bedroom Remodel
 $46,691 $35,771 76.6%
$12,298 $8,018 65.2% Back-Up Power Generator
 $13,357 $7,748 58%
$52,969 $42,696 80.6% Basement Remodel
 $59,435 $44,661 75.1%
$33,348 $22,631 67.9% Bathroom Addition
 $37,202 $24,553 66%
$14,559 $12,155 83.5% Bathroom Remodel
 $15,789 $12,366 78.3%
$9,140 $8,358 91.4% Deck Addition - Wood
 $10,347 $8,835 85.4%
$70,777 $52,679 74.4% Family Room Addition
 $78,989 $54,148 68.6%
$47,542 $35,894 75.5% Garage Addition
 $53,897 $37,461 69.5%
$25,826 $16,221 62.8% Home Office Remodel
 $27,193 $15,498 57%
$52,356 $42,498 81.2% Major Kitchen Remodel
 $55,503 $43,363 78.1%
$88,747 $65,052 73.3% Master Suite Addition
 $98,863 $68,172 69%
$20,412 $17,341 85% Minor Kitchen Remodel
 $21,185 $17,576 83%
$16,987 $12,067 71% Roofing Replacement
 $18,042 $12,166 67.4%
$8,656 $7,755 89.6% Siding Replacement
 $9,910 $8,245 83.2%
$65,273 $40,764 62.5% Sunroom Addition
 $69,817 $41,231 59.1%
$126,860 $96,759 76.3% Two-Story Addition
 $139,297 $103,010 73.9%
$9,571 $7,123 74.4% Window Replacement - Vinyl
 $10,448 $8,290 79.3%
$10,437 $8,424 80.7% Window Replacement - Wood
 $11,384 $9,241 81.2%
East South Central Project Upscale
 National Averages
Job Cost Resale Value Cost Recouped Project
Upscale
 Job Cost Resale Value Cost Recouped
$67,122 $49,982 74.5% Bathroom Addition
$73,145 $50,442 69%
$47,036 $35,840 76.2% Bathroom Remodel
$50,590 $34,588 68.4%
$14,240 $11,399 80% Deck Addition - Composite
 $15,039 $11,672 77.6%
$73,665 $52,214 70.9% Garage Addition
$82,108 $53,056 64.6%
$105,420 $81,498 77.3% Major Kitchen Remodel
$109,394 $81,096 74.1%
$204,833 $136,125 66.5% Master Suite Addition
$220,149 $141,120 64.1%
$32,174 $22,960 71.4% Roofing Replacement (steel)
$33,151 $21,769 65.7%
$12,982 $12,145 93.6% Siding Replacement (fiber-cement)
$13,212 $11,633 88.1%
$10,637 $9,157 86.1% Siding Replacement (foam-backed vinyl)
$12,132 $9,668 79.7%
$12,351 $10,152 82.2% Window Replacement - Vinyl
$13,479 $10,913 81%
$16,195 $12,989 80.2% Window Replacement - Wood
$17,383 $13,784 79.3%

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