Return on Your Investment
The average return on remodeling dollars upon resale of home in the Chicago area. Costs listed are average costs and are dependent on site conditions, amenities, upgrades and scope of work needed to complete project.
|Project||Average Cost||Percent Recovered||Description|
|Small Kitchen Remodel||$22,109||63.8%||
30 LF cabinet refacing, laminate countertops, fixture and floor upgrades.
|Major Kitchen Remodel||$69,290||59.3%||
All new in existing space.
|Upscale Kitchen Remodel||$126,530||53.6%||
Top of line cabinetry, cherry cabinets w/sliding shelves and accessories, stone countertops, top-end appliances.
|Small Bathroom Remodel||$21,366||50.4%||
5x7 all new in existing space.
|Bathroom Room Addition||$54,114||41.7%||
Add a full 6-by-8 foot bathroom over a crawl space.
|Master Suite Room Addition||$142,996||53.4%||
16x24 addition with walk-in closet, whirlpool, and full bath.
|2 Story Addition||$211,719||61.4%||
24x16 two-story wing. Includes family room and bedroom with full bath.
|Family Room Addition||$111,962||53.7%||
16x25 ground level addition
20x30 entertainment area w/wet bar. 5x8 full bath, 12x12 bonus room.
Convert space to 15x15 bedroom w/5x7 Bath. Add 15' shed dormer.
Convert 12x12 room to home office. Install cabinets and computer work station. Rewire room for electronic equipment.
Replace 10 double-hung windows with wood replacement windows.
Replace 10 double-hung window with wood replacement windows.