Thursday, February 7, 2013

2013 Cost vs. Value Report

Remodeling Magazines Cost vs. Value report for 2013 recently came out.

Lets take a look at the numbers.
 The left hand column is the data for the SF Bay area region and the right is the national averages.

Pacific — Midrange
2013 National Averages
Job CostResale ValueCost RecoupedProjectJob CostResale ValueCost RecoupedChange vs. 2011-12
$56,612$50,38089.0%Attic Bedroom$47,919$34,91672.9%Change
$12,616$7,55759.9%Backup Power Generator$11,410$6,01452.7%Change
$73,530$64,59387.8%Basement Remodel$61,303$43,09570.3%Change
$43,852$30,26269.0%Bathroom Addition$37,501$20,56954.8%Change
$18,570$14,79179.6%Bathroom Remodel$15,782$10,29565.2%Change
$16,811$13,72981.7%Deck Addition (composite)$15,084$10,18467.5%Change
$11,116$10,68296.1%Deck Addition (wood)$9,327$7,21377.3%Change
$2,897$2,45284.6%Entry Door Replacement (fiberglass)$2,753$1,81365.9%Change
$1,245$1,18395.0%Entry Door Replacement (steel)$1,137$97485.6%Change
$93,262$69,90675.0%Family Room Addition$79,006$50,01363.3%Change
$55,179$43,03578.0%Garage Addition$48,806$31,09163.7%Change
$1,669$1,55192.9%Garage Door Replacement$1,496$1,13275.7%Change
$31,338$15,88650.7%Home Office Remodel$27,292$11,91143.6%Change
$60,865$49,36681.1%Major Kitchen Remodel$53,931$37,13968.9%Change
$119,724$88,17073.6%Master Suite Addition$101,873$64,39063.2%Change
$21,094$18,98590.0%Minor Kitchen Remodel$18,527$13,97775.4%Change
$21,834$16,08473.7%Roofing Replacement$18,488$11,63362.9%Change
$13,271$10,14276.4%Siding Replacement (vinyl)$11,192$8,15472.9%Change
$81,682$42,1881600.0%Sunroom Addition$72,179$33,52946.5%Change
$172,167$130,11875.6%Two-Story Addition$152,470$99,67465.4%Change
$10,993$9,07282.5%Window Replacement (vinyl)$9,770$6,96171.2%Change
$12,036$10,66188.6%Window Replacement (wood)$10,708$7,85273.3%Change

Pacific — Upscale
2013 National Averages
Job CostResale ValueCost RecoupedProjectJob CostResale ValueCost RecoupedChange vs. 2011-12
$80,393$53,60066.7%Bathroom Addition$70,969$39,73056.0%Change
$55,410$38,70169.8%Bathroom Remodel$50,007$29,16258.3%Change
$39,434$26,50167.2%Deck Addition (composite)$34,403$20,53259.7%Change
$91,056$60,48166.4%Garage Addition$80,511$44,03454.7%Change
$2,930$2,67091.1%Garage Door Replacement$2,720$2,04675.2%Change
$7,507$5,94779.2%Grand Entrance (fiberglass)$7,088$4,52863.9%Change
$117,210$81,68169.7%Major Kitchen Remodel$107,406$64,11359.7%Change
$246,520$147,43359.8%Master Suite Addition$220,086$114,56952.1%Change
$41,997$26,16462.3%Roofing Replacement$33,880$19,19456.7%Change
$15,355$12,84083.6%Siding Replacement (fiber-cement)$13,083$10,37979.3%Change
$16,277$12,09874.3%Siding Replacement (foam-backed vinyl)$13,818$9,92671.8%Change
$14,119$11,56181.9%Window Replacement (vinyl)$13,055$9,29571.2%Change
$17,627$14,39181.6%Window Replacement (wood)$16,361$11,19468.4%Change

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