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| Zena Taller's Client Services |
| Project |
Cost |
Value Added |
Comments |
| Kitchen |
Low
High |
$15,000
$20,000 up |
80 - 110% |
Cost includes new cabinets and countertops and re-wiring; structural changes, relocated plumbing, custom cabinetry and top-of-the-line appliances.
|
| Bathroom |
Low
High |
$7,500
$10,000 |
80 - 115% |
Cost includes new fixtures and fittings, tile floors and walls; structural changes and relocated plumbing. High-end materials and fixtures raise the cost. Note: adding a second bath can yeild more than 100% resale value.
|
| Room Addition |
Low
High |
$30,000
$40,000 |
50 - 110% |
Depends on type of room; a family room or new master suite (don't forget to include cost of bath) will add much more value to a home than a private office or fourth bedroom.
|
| Converting an Attic, basement or gargage to living space |
Low
High |
$10,000
$15,000 up |
25 - 40% |
Cost assumes no structural changes and no new plumbing; value added depends on size of house (smaller house, more value) and type of space created (family room or bedroom, more value than a game room or exercise area).
|
| Adding a deck |
Low
High |
$5,000
$10,000 up |
40 - 60% |
The warmer the climate, the more value added; size of deck, complexity of design, and added amenities (spa, trelliswork) influence cost.
|
| Re-painted exterior |
Low
High |
$1,200
$1,500 up |
40 - 60% |
Assumes old exterior was worn and repainting was done immediately prior to putting house on market: a new coat of paint probably adds the "best profit" to selling an older home.
|
| In-ground swimming pool |
Low |
$20,000 |
0 to 25% |
Cost assumes an average-sized pool (16' x 32') in a rectangular shape; value added depends on desirability to future owner (banks usually do not include pools in mortgage appraisals).
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