Below I have posted the information for our region of the country (East-North-Central) for typical costs of various projects, and the potential recoup of your investment dollars when you sell – as well as the comparison of these with National Averages from 2008-2009.

I have posted both midrange prices as well as some upscale pricing.  These give you a good idea of some of the investment required for various types of remodeling projects.  Obviously, there can be a very wide variation in costs and investment, depending on many many factors.

The following excerpts are from Remodeling Magazine.  For the full article and more information go to Cost vs.Value Report online.  Also, with each type of project below, you’ll find a link to a description within the magazine article, that describes approximately the size and major assumptions for each.

REMODELING Magazine COST VS VALUE Report 2009 – 2010

East North Central Area…………………….2008-09 National Averages

Job Cost   Resale $   % Recouped      PROJECT  TYPE……. .Job Cost    Resale$     % Recouped

$51,226   $32,943   64.3%_Attic Bedroom (midrange)_ $48,398   $35,694   73.8%

$14,906   $  7,158   48.0%_Backup Power Generator __$14,040  _$ 8,026    57.2%

$64,008  $37,851_59.1%_Basement Remodel (midrange) $61,011  _$44,467   72.9%

$40,178   $22,322  55.6%_Bathroom Addition (midrange) $38,078   $24,187   63.5%

$77,667  $44,865  57.8%_Bathroom Addition (upscale)  _$74,325     $49,100_66.1%

$16,568   $10,656   64.3%_Bathroom Remodel (midrange) $15,899   _$11,857  74.6%

$53,345   $32,875   61.6%_Bathroom Remodel (upscale) _$51,455    $36,400  70.7%

$15,440   $ 9,910   64.2%_Deck (composite) (midrange) _$15,277    $11,857   74.6%

$37,893   $20,747  54.8%_Deck (composite) (upscale) __$37,498  _ $23,706   63.2%

$10,534   $ 7,263    68.9%_Deck (wood) (midrange) _____$10,601    $8,676   81.8%

$85,752   $49,641   57.9%_Family RoomAddition (midrange)$81,315     $53,608   65.9%

$60,018   $33,559   55.9%_Garage Addition (midrange) __$57,272  _ $38,161    66.6%

$89,732   $47,908   53.4%_Garage Addition (upscale) ____$85,844    $53,908    62.8%

$28,979   $13,224   45.6% _Home Office Remodel (midrange) $28,094   $15,329    54.6%

$21,758    $15,038   69.1%_Minor Kitchen Remodel (midrange)$21,246    $16,881    79.5%

$58,253   $38,726   66.5%_Major Kitchen Remodel (midrange)$56,611    $43,030   76.0%

$113,056  $70,703   62.5%_Major Kitchen Remodel (upscale)_$110,964  $78,398 _70.7%

$107,036  $62,377   58.3%_Master Suite Addition (midrange)$101,571  $67,037  66.0%

$231,714  $124,730  53.8%_Master Suite Addition (upscale) _$223,876  $136,764  61.1%

$20,227   $11,056  54.7%_Roofing Replacement (midrange) $18,825    $12,336   65.5%

$39,144   $20,594  52.6%_Roofing Replacement (upscale)_ $36,296     $22,861    63.0%

$12,965  $10,279  79.3%_Siding Replc (fiber-cement) (upscale) $13,177  $11,424  86.7%

$10,398  $ 7,591  73.0%_Siding Replcmnt(vinyl) (midrange) $10,256   $ 8,274  80.7%

$12,184   $ 9,061  74.4%_Siding Replcmnt (foam-backed vinyl)$12,528 $10,074  80.4%

$71,591   $36,740   51.3%_Sunroom Addition (midrange) __ $71,745   $70,715     56.7%

$152,236  $93,575   61.5%_Two-Story Addition (midrange) _$146,538  $103,553   70.7%

$11,076   $ 7,429  67.1%_Window Replcmnt (vinyl) (midrange)$10,537 $  8,132   77.2%

$14,322   $ 9,806  68.5%_Window Replcmnt (vinyl) (upscale) $13,608   $10,781   79.2%

$12,117   $ 8,156   67.3%_Window Replcmnt (wood) (midrange)$11,512  $ 8,946   77.7%

$18,276  $12,127  66.4%_Window Replcmnt (wood) (upscale) $17,580   $13,455   76.5%