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

Basement Finish $85,700 56.3%

20x30 entertainment area w/wet bar. 5x8 full bath, 12x12 bonus room.

Attic Bedroom $69,454 63.4%

Convert space to 15x15 bedroom w/5x7 Bath. Add 15' shed dormer.

Home Office $33,756 35.2%

Convert 12x12 room to home office. Install cabinets and computer work station. Rewire room for electronic equipment.

Window Replacement $16,151 62.5%

Replace 10 double-hung windows with wood replacement windows.

Window Replacement $15,026 63.4%

Replace 10 double-hung window with wood replacement windows.

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