The Value Of A Remodel – From CAR’s One Cool Thing!

The Lawhead Team would like to share the latest One Cool Thing from the California Association of Realtors about the value of a remodel.

A recent resurgence of several big ticket projects including attic bedroom and basement remodels with average prices tags of $49,438 and $62,834, respectively, shows that consumers are signaling confidence in the value of remodeling.

What are their home remodel projects of choice?

remodelAttic Bedroom Remodel:

72.9% remodeled their attic bedroom in 2013.

84.3% remodeled their attic bedroom in 2014.

Deck Addition:

77.3% built a deck addition in 2013.

87.4% built a deck addition in 2014.

Home Office Remodel:

43.6% added a home office in 2013.

48.9% added a home office in 2014.

Bathroom Remodel:

65.2% remodeled their bathroom in 2013.

72.5% remodeled their bathroom in 2014.

Basement Remodel:

70.3% remodeled their basement in 2013.

77.6% remodeled their basement in 2014.