Remodel or Sell
| PROJECT | ESTIMATED COST | % RECOVERABLE |
| Add a full bath: To a 1 1/2 bath home To a 2 bath home |
$5,000-$10,000 | 80% 50% |
| Add a half bath: To a 1 1/2 bath home |
$2,000-$3,000 |
60% |
| Add a bedroom: To 3 bedroom house To 4 bedroom house |
$6,000-$8,000+ (in existing space) $10,000-$15,000+ (add-on space) |
75-85% 65% |
| Add a garage | $3,500-$6,000 | Up to 50% |
| Add a fireplace | $1,500-$3,000 | Up to 75% |
| Turn basement into rec room | $3,000-$6,500+ | Up to 15% |
| Enclose a porch | $5,000-$6,000 | 50%-60% |
| Install central air: Room units |
$2,500-$4,500 $500-$1,000 |
Up to 75% 0 to 50% |
| Install new heating plant | $1,200-$2,000 | 0 to 100% |
| Repaint frame house | $1,000-$2,000 | 30% to 80% |
| Install new exterior siding | $3,000-$8,000 | Up to 75% |
| Landscape | $500-$2,000 | 40% to 60% |
| Add a pool | $10,000+ | 0 to 40% |
| Add a patio | $2,000-$4,000 | 35% to 60% |
(Source: Institute of Real Estate Appraisers)
