Palm Springs & Desert area Real Estate

Palm Springs Area Real Estate Sales.

RUSSELL HILL, Realtor, HomeSmart, 760.898.8399; russell@poolsidewithrussell.com,DRE 1427657

Thursday, December 21, 2006

Considering a kitchen or bath remodel?


Check out Remodeling Magazine's 2006 survey of cost vs value report first. In Los Angeles, the average cost of a minor kitchen remodel was $19,555. The resale value was $20,081. Cost recouped was 102%. If you're considering a Home office remodel, the value isn't there according to the survey. In Los Angeles, on average, a homeowner will recoup only 80.8% of the cost if they sell. Considering adding a sunroom? Not a good idea, especially in our desert climate. In LA, a homeowner would recoup only 76.4% of the cost when they sell.

No comments: