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Remodeling That Pays
Upgrading your home is always appealing, but which enhancements really get you a good return for your money when it’s time to sell? The 2003 Cost vs. Value Report by Remodeling magazine and REALTOR® Magazine has the answer.
To see the complete article, visit http://www.realtor.org/rmomag.NSF/pages/costvaluedec03.
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2003 |
2002 |
Variance |
| Bathroom Remodel |
|
|
|
| Midrange |
89.3% |
87.5% |
1.8% |
| Upscale |
92.6 |
91.0 |
1.6 |
| Bathroom Addition |
|
|
|
| Midrange |
95.0 |
94.2 |
0.08 |
| Upscale |
84.3 |
81.4 |
2.9 |
| Major Kitchen Remodel |
|
|
|
| Midrange |
74.9 |
66.6 |
8.3 |
| Upscale |
79.6 |
79.8 |
-0.2 |
| Master Suite |
|
|
|
| Midrange |
76.4 |
75.1 |
1.3 |
| Upscale |
76.9 |
76.8 |
0.1 |
| Family Room |
|
|
|
| Midrange |
80.6 |
79.5 |
1.1 |
| Deck |
|
|
|
| Midrange |
104.2 |
N/A* |
N/A* |
| Basement Remodel |
|
|
|
| Midrange |
79.3 |
78.7 |
0.6 |
| Siding Replacement |
|
|
|
| Midrange |
98.1 |
79.1 |
19.0 |
| Window Replacement |
|
|
|
| Midrange |
84.8 |
73.8 |
11 |
| Upscale |
87.0 |
77.0 |
10 |
| Attic Bedroom |
|
|
|
| Midrange |
92.8 |
N/A* |
N/A* |
Reprinted from REALTOR® Magazine Online by permission of the NATIONAL ASSOCIATION OF REALTORS®
Copyright 2004. All rights reserved. www.REALTOR.org/realtormag
Dearborn
Price: $1195
For Lease! Beautiful brick condo. Excellent curb appeal!! This end unit features an extra dining room window, open floor plan, oak cabinets in kitchen. Floors feature hardwood, carpet and tile. Cathedral ceilings. Very large bedrooms; master bedroom, with walk in closet a must see! Patio area great for relaxing or entertaining. Other features need to be seen to believe.
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Royal Oak
Price: $109000
Beautiful 3 bedroom ranch is ready for you to call it home. Fresh and clean with neutral colors and hardwood floors throughout! Updated windows, bath, kitchen floor, and hot water heater. 1/2 bath in basement. Enclosed porch off the rear of home not included in square footage. Nice lot; fenced w/garage. Close to shopping and I-696! Easy showings, schedule an appointment today!
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