About This Quiz
So, your house needs some work. The kitchen, for one, could use an overhaul, and you've always meant to add an extra bedroom. But you have no clue how much it would cost -- and if it would even be worth it to spend the money.In 2005, the average major kitchen remodel cost $54,000, 80 percent of which could be recovered at resale.
Advertisement
Twenty to 30 percent of your home's value seems to be the range that will give you the most bang for your buck.
Advertisement
The magazine estimated the average siding cost at $10,393 -- and the value at resale would be $10,771.
Advertisement
According to Remodeling magazine, a roof replacement will run you about $14,000.
Advertisement
Americans will spend $217 billion on home renovations in 2009. Surprisingly, that's an increase over 2008.
Advertisement
Electric radiant heat comes from a roll-out mat that goes under your flooring. The cost is about $8 to $15 per square foot.
Advertisement
In December 2008, Money magazine estimated that homeowners can save at least 10 percent on renovations.
Advertisement
Tim Carter of askthebuilder.com says you can expect to pay around $150 a square foot for an addition.
Advertisement
Tim Carter estimates $20 per square foot for a deck -- so if you don't mind your additional living space being outdoors, it could be very cost-effective to add a deck instead of a room.
Advertisement
Tim Carter says you can install crown molding yourself to the average room for about $100.
Advertisement