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New England 2023 Cost Vs Value
| PROJECT | JOB COST | RESALE VALUE | COST RECOUPED |
|---|---|---|---|
| Garage Door Replacement | $4,365 $4,513 | $13,738 $8,751 | 314.7% 193.9% |
| Entry Door Replacement | Steel | $2,426 $2,355 | $5,730 $4,430 | 236.2% 188.1% |
| Manufactured Stone Veneer | $12,390 $11,287 | $18,794 $17,291 | 151.7% 153.2% |
| Siding Replacement | Fiber-Cement | $21,654 $20,619 | $25,608 $18,230 | 118.3% 88.4% |
| Siding Replacement | Vinyl | $18,714 $17,410 | $21,680 $13,957 | 115.8% 80.2% |
| Minor Kitchen Remodel | Midrange | $27,495 $27,492 | $30,470 $26,406 | 110.8% 96.1% |
| Grand Entrance | Fiberglass | $11,495 $11,353 | $11,237 $11,054 | 97.7% 97.4% |
| Deck Addition | Wood | $18,317 $17,615 | $16,997 $14,596 | 92.8% 82.9% |
| HVAC Conversion | Electrification | $19,971 $18,800 | $17,695 $12,422 | 88.6% 66.1% |
| Bath Remodel | Midrange | $25,804 $25,251 | $21,792 $18,613 | 84.5% 73.7% |
| Deck Addition | Composite | $26,783 $24,206 | $22,300 $16,498 | 83.3% 68.2% |
| Window Replacement | Vinyl | $20,703 $21,264 | $16,548 $14,270 | 79.9% 67.1% |
| Window Replacement | Wood | $25,648 $25,799 | $18,287 $16,222 | 71.3% 62.9% |
| Bath Remodel | Universal Design | $41,294 $40,750 | $24,307 $20,148 | 58.9% 49.4% |
| Major Kitchen Remodel | Midrange | $79,967 $79,982 | $46,429 $39,587 | 58.1% 49.5% |
| Roofing Replacement | Asphalt Shingles | $33,363 $30,680 | $18,916 $17,461 | 56.7% 56.9% |
| Bath Remodel | Upscale | $79,892 $78,840 | $39,975 $35,591 | 50.0% 45.1% |
| Roofing Replacement | Metal | $52,698 $49,928 | $25,441 $24,034 | 48.3% 48.1% |
| Major Kitchen Remodel | Upscale | $162,125 $158,530 | $72,400 $60,176 | 44.7% 38.0% |
| Primary Suite Addition | Midrange | $170,310 $164,649 | $69,270 $58,484 | 40.7% 35.5% |
| Bathroom Addition | Midrange | $60,115 $58,586 | $23,099 $20,334 | 38.4% 34.7% |
| Bathroom Addition | Upscale | $111,244 $107,477 | $38,262 $34,997 | 34.4% 32.6% |
| Primary Suite Addition | Upscale | $346,872 $339,513 | $94,811 $81,042 | 27.3% 23.9% |
Morrison's Home Improvement
25 Pittsfield Road, Routes 7 & 20
Lenox, MA 01240
Fully Licensed & Insured MA HIC #131832, MA CSL #CS-051405
- Copyright © 2024 Morrison's Home Improvement, all rights reserved.
- 25 Pittsfield Road, Routes 7 & 20, Lenox, MA 01240 (413) 442-3001