Construction Costs Information All Construction Directory
One of the major factors influencing cost of a new construction is location, which can account for a significant variance in the cost of new construction, or home improvment projects. Generally speaking, places with booming economy will have higher cost of new construction, and higher prices are to be expected for remodeling and home improvement projects in places with high dynamic pace, and demand for new construction.
One of the great ways to save money on building a new home, is by becoming your own contractor, and organizing subcontractors to do the specific tasks to build a whole new home from the ground up.
Home Remodeling Costs
We are providing data for remodeling costs in mid atlantic region to give you an idea of remodeling costs in 2011-2012. Data is obtained from Remodeling Magazine survey of home improvement costs in the US.
| Middle Atlantic — Midrange | 2009-10 National Averages
|
| Job Cost | Resale Value | Cost Recouped | Project | Job Cost | Resale Value | Cost Recouped | Change vs. 2008-09 |
|---|---|---|---|---|---|---|---|
| $53,780 | $39,292 | 73.1% | Attic Bedroom | $49,346 | $40,992 | 83.1% | Change |
| $15,290 | $8,206 | 53.7% | Backup Power Generator | $14,304 | $8,428 | 58.9% | Change |
| $67,455 | $41,127 | 61.0% | Basement Remodel | $62,067 | $46,825 | 75.4% | Change |
| $42,441 | $22,272 | 52.5% | Bathroom Addition | $39,046 | $23,233 | 59.5% | Change |
| $17,383 | $11,817 | 68.0% | Bathroom Remodel | $16,142 | $11,454 | 71.0% | Change |
| $15,890 | $10,404 | 65.5% | Deck Addition (composite) | $15,373 | $10,904 | 70.9% | Change |
| $11,260 | $7,917 | 70.3% | Deck Addition (wood) | $10,634 | $8,573 | 80.6% | Change |
| $3,632 | $2,316 | 63.8% | Entry Door Replacement (fiberglass) | $3,490 | $2,275 | 65.2% | Change |
| $1,248 | $1,217 | 97.5% | Entry Door Replacement (steel) | $1,172 | $1,470 | 128.9% | Change |
| $88,704 | $51,991 | 58.6% | Family Room Addition | $82,756 | $54,051 | 65.3% | Change |
| $62,431 | $34,847 | 55.8% | Garage Addition | $58,432 | $36,361 | 62.2% | Change |
| $29,525 | $13,841 | 46.9% | Home Office Remodel | $28,375 | $13,648 | 48.1% | Change |
| $59,905 | $39,860 | 66.5% | Major Kitchen Remodel | $57,215 | $41,260 | 72.1% | Change |
| $111,857 | $67,612 | 60.4% | Master Suite Addition | $103,696 | $67,578 | 65.2% | Change |
| $22,130 | $15,973 | 72.2% | Minor Kitchen Remodel | $21,411 | $16,773 | 78.3% | Change |
| $22,292 | $14,508 | 65.1% | Roofing Replacement | $19,731 | $13,133 | 66.6% | Change |
| $10,980 | $8,920 | 81.2% | Siding Replacement (vinyl) | $10,607 | $8,476 | 79.9% | Change |
| $76,580 | $38,661 | 50.5% | Sunroom Addition | $73,167 | $37,118 | 50.7% | Change |
| $165,708 | $107,770 | 65.0% | Two-Story Addition | $156,309 | $107,286 | 68.6% | Change |
| $11,408 | $8,766 | 76.8% | Window Replacement (vinyl) | $10,728 | $8,217 | 76.6% | Change |
| $12,410 | $9,248 | 74.5% | Window Replacement (wood) | $11,700 | $9,044 | 77.3% | Change |
| Middle Atlantic — Upscale | 2009-10 National Averages
|
| Job Cost | Resale Value | Cost Recouped | Project | Job Cost | Resale Value | Cost Recouped | Change vs. 2008-09 |
|---|---|---|---|---|---|---|---|
| $81,166 | $42,240 | 52.0% | Bathroom Addition | $75,812 | $43,888 | 57.9% | Change |
| $55,766 | $31,862 | 57.1% | Bathroom Remodel | $52,295 | $32,196 | 61.6% | Change |
| $39,270 | $22,584 | 57.5% | Deck Addition (composite) | $37,745 | $22,934 | 60.8% | Change |
| $92,962 | $45,241 | 48.7% | Garage Addition | $87,230 | $48,762 | 55.9% | Change |
| $7,855 | $5,013 | 63.8% | Grand Entrance (fiberglass) | $7,464 | $5,135 | 68.8% | Change |
| $115,605 | $67,988 | 58.8% | Major Kitchen Remodel | $111,794 | $70,641 | 63.2% | Change |
| $238,299 | $124,774 | 52.4% | Master Suite Addition | $225,995 | $125,793 | 55.7% | Change |
| $42,333 | $24,133 | 57.0% | Roofing Replacement | $37,359 | $22,610 | 60.5% | Change |
| $13,497 | $10,710 | 79.4% | Siding Replacement (fiber-cement) | $13,287 | $11,112 | 83.6% | Change |
| $13,369 | $10,489 | 78.5% | Siding Replacement (foam-backed vinyl) | $13,022 | $10,285 | 79.0% | Change |
| $14,795 | $10,857 | 73.4% | Window Replacement (vinyl) | $13,862 | $10,601 | 76.5% | Change |
| $18,656 | $12,536 | 67.2% | Window Replacement (wood) | $17,816 | $12,738 | 71.5% | Change |