Each year, Remodeling releases its Cost vs. Value report describing the average return on investment (ROI) for home remodeling projects. Covering 22 remodeling projects and spanning 136 U.S. markets, it’s the go-to resource to find out how a remodel could impact the value of your home.
Often remodeling is done to improve your experience while in your home, not necessarily with selling it in mind. But because remodeling can be a costly decision, it’s helpful to understand the value you could expect to receive from your investment.
We reviewed the 2019 Cost vs. Value report and gathered information about our region to give you an ROI snapshot for some of our most common home remodeling projects:
Bathrooms are extremely important rooms in the house, and sometimes remodeling to make them fit your needs is necessary. According to the 2019 Cost vs. Value report, an upscale bathroom remodel is seeing an ROI of 53%.
An upscale remodel might mean expanding an existing 35-square-foot bathroom to 100 square feet and relocating all bathroom fixtures. It could also include installation of stone countertop with dual sinks, compartmentalized commode, and ceramic tiling for the floor.
For a better idea of what a bathroom remodel could look like, click here.
An interesting note for this year’s report is that kitchen remodeling’s ROI is up from 2018. Minor midrange kitchen remodels are seeing an ROI of close to 75% and major upscale kitchen remodels are yielding 58%.
Depending on the state of your current kitchen, you may opt for an upscale kitchen remodel. A 200-square-foot major upscale kitchen remodel could include:
See how we completed a modern kitchen remodel in Quakertown, PA.
Home additions can benefit you
now and improve resale value should you ever choose to move from your home. For both midrange and upscale master suite additions in particular, the ROI is up from 2018, sitting at 52.3% and 45% respectively.
Master suite additions can be added to any floor and could include a bedroom, bathroom, sitting area, walk-in closets, and more. From cozy touches like a gas fireplace to bathrooms with walk-in showers or in-floor heating, there are a number of options to make your master suite comfortable for your use while adding significant value to your home.
If you are planning to complete one of the above projects, a custom home addition, whole house renovation, or other home remodeling project, talk to the experts at Corey-Built. With over 30 years of experience and impeccable attention to detail, Corey-Built offers custom homes, home remodeling, historic home restoration, and more to those in and around Bucks County.
To schedule a consultation for your next home remodeling project, contact us online or by phone at 215-453-6030 today!
“Went out of his way to let me know the status of the project each day during construction. really good communication“
“We love our new addition. This new room was truly custom built and details match our turn of the century farm house. We enjoyed working with everyone that Chris brought out.“
“We hired Chris to finish our basement. His price was good, and he was very honest about the work and the code requirements. What really stands out to me about our experience was how Chris worked with us. We had to make a few changes to our original design due to some utility locations and Chris had a plan and worked to address any issues that came up. I felt the working relationship was excellent. He has beautiful design ideas and made our basement bath more like a spa and was respectful of the budget. I felt it was a nice collaboration! If you want to work with a company that does quality work,has an eye for design at a reasonable price Corey Built is the one!“
“I have to say that we are very happy with the work that Corey Built did for us. I hope to work with him again on finishing our basement.“
“We were very pleased with the work Chris did on our basement. After speaking with several contractors for estimates and ideas, we believed Chris was the best for our type of project and budget. Chris answered all of our questions, was extremely professional and completely the work in a timely manner and on budget. We appreciate his professional courtesy and would recommend Corey Built to any of our friends, family and neighbors.“
”It has been a very professional and friendly experience Working with Corey Built, Inc. We looked forward to starting Our project and now are completely satisfied with our choice. They have been up to date and right on target with timing And billing. Would highly recommend to others.‘
“Cory built has been a pleasure to deal with during our basement remodel. Chris and his team take pride in their workmanship, provided valuable suggestions, and have been very flexible as we decided to make numerous changes to the layout. I would feel very comfortable recommending Cory built to any of my firends and neighbors!“
“They’re not done yet but these guys are phenomenal!!! Prompt, courteous, infomative, communicative. The last time we added onto our house the experience wasn’t very good, Chris and his guys are amazing!“
“The remodel turned out great! Good crew and company to work with; very pleased with the final result.“
“Chris turned our dreary basement into a great living space for our family. He had great ideas on how to maximize the space, and create a natural flow. From beginning to end, he was professional, on time, and a pleasure to deal with. He responded in a timely manner to all my questions, and worked with me as changes to the original plan needed to be made. If my wife talks me into any more construction in our house, I would definitely call Chris again. I highly recommend Corey Built for your next project.“
“Very happy with our basement….Great work and very good with keeping us updated! Highly recommend….“
“Very professional..They were on site when they said they would be, finished when they said they would, and cleaned up every day.“
“Chris not only met but also exceeded our expectations. While he routinely completes higher end work on a much larger scale, he was very agreeable to working hand-in-hand with us to complete our modest addition on a much smaller budget. We look forward to working with him again in the near future.“
“Corey Built is a first class, high quality, yet very personable company– with fabulous sub-contractors! Chris Corey works closely with the project, understands restraints on the budget, and has honest, tidy, on-time, work- EVERY day laborers! I loved them all, from sheetrocker to carpenter to electricians. And they came in right on time almost 24 hours within the promised completion date. Chris tries to meet the owner’s special interests, style and has infinite patience with your decision-process. They establish a terrific website of your project so you can track the progress daily and approve any expenditures online! Hire them!”
“From our very first phone conversation with Chris to the day we moved the furniture into our new Corey-Built addition, our experiences with Chris and his construction crew have been undeniably positive and productive. He combines a superb knowledge of his craft with hard work, friendli-ness, and reliability- all helping to create an easy-going working relationship with his clients. We especially appreciated his timely emails and website communications which detailed the stages and dates of our ongoing construction. Thank you, Chris, for our beautiful new room! You know, we’re really gonna miss you guys… Bob and Nancy Saks Coopersburg“
“He was honest, helpful, good ideas for the job. I am very pleased.”
“Our architecture firm has worked with Chris Corey for many years. Chris brings a high level of attention to each project along with good scheduling capability.
Chris and his team bring a cooperative attitude towards the work, resulting in both a positive process and high quality built results.”
“Chris is very knowledgeable and dependable. He has great subcontractors who really know their work and have great attitudes and are a pleasure to work with.”
“Corey-Built does exceptional work. Chris Corey is very reliable, knowledgeable and pays close attention to detail! He worked well with changes and deadlines. I would definitely recommend Chris to my family and friends. He is very capable and does renovations, additions, house builds- he can do it all.”