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Cost vs. Value
2007 Cost vs. Value Report Home
2008-09 Cost vs. Value Report Home
Project Descriptions
New England
Middle Atlantic
South Atlantic
East North Central
East South Central
West North Central
West South Central
Mountain
Pacific
What's New in the 2007 Report?
Where We Get the Numbers
What the Numbers Mean
Cost vs. Value Trends
The Research Team
Project Descriptions
Buy Report in Print
Cost vs. Value Archives
Chicago, IL
Demographics
Population
Households
Housing
Income
Ethnicity
Education
Source: U.S. 2000 Census
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East North Central
2007 National Averages
Job Cost
Resale Value
Cost Recouped
Project Midrange
Job Cost
Resale Value
Cost Recouped
$49,897
$34,204
68.5%
Attic Bedroom Remodel
$46,691
$35,771
76.6%
$14,270
$6,687
46.9%
Back-Up Power Generator
$13,357
$7,748
58%
$62,801
$38,398
61.1%
Basement Remodel
$59,435
$44,661
75.1%
$39,522
$22,774
57.6%
Bathroom Addition
$37,202
$24,553
66%
$16,631
$11,147
67%
Bathroom Remodel
$15,789
$12,366
78.3%
$10,516
$7,540
71.7%
Deck Addition - Wood
$10,347
$8,835
85.4%
$83,494
$51,630
61.8%
Family Room Addition
$78,989
$54,148
68.6%
$56,290
$33,080
58.8%
Garage Addition
$53,897
$37,461
69.5%
$28,305
$14,007
49.5%
Home Office Remodel
$27,193
$15,498
57%
$57,496
$40,704
70.8%
Major Kitchen Remodel
$55,503
$43,363
78.1%
$104,666
$64,001
61.1%
Master Suite Addition
$98,863
$68,172
69%
$21,863
$16,010
73.2%
Minor Kitchen Remodel
$21,185
$17,576
83%
$19,673
$11,208
57%
Roofing Replacement
$18,042
$12,166
67.4%
$10,083
$8,017
79.5%
Siding Replacement
$9,910
$8,245
83.2%
$72,276
$37,833
52.3%
Sunroom Addition
$69,817
$41,231
59.1%
$146,337
$95,364
65.2%
Two-Story Addition
$139,297
$103,010
73.9%
$11,011
$7,894
71.7%
Window Replacement - Vinyl
$10,448
$8,290
79.3%
$12,146
$8,758
72.1%
Window Replacement - Wood
$11,384
$9,241
81.2%
East North Central
Project Upscale National Averages
Job Cost
Resale Value
Cost Recouped
Project Upscale
Job Cost
Resale Value
Cost Recouped
$76,793
$48,864
63.6%
Bathroom Addition
$73,145
$50,442
69%
$52,839
$32,458
61.4%
Bathroom Remodel
$50,590
$34,588
68.4%
$15,357
$10,583
68.9%
Deck Addition - Composite
$15,039
$11,672
77.6%
$86,532
$47,696
55.1%
Garage Addition
$82,108
$53,056
64.6%
$111,953
$74,497
66.5%
Major Kitchen Remodel
$109,394
$81,096
74.1%
$228,564
$132,123
57.8%
Master Suite Addition
$220,149
$141,120
64.1%
$36,449
$20,588
56.5%
Roofing Replacement (steel)
$33,151
$21,769
65.7%
$13,404
$11,040
82.4%
Siding Replacement (fiber-cement)
$13,212
$11,633
88.1%
$12,243
$9,381
76.6%
Siding Replacement (foam-backed vinyl)
$12,132
$9,668
79.7%
$14,289
$10,212
71.5%
Window Replacement - Vinyl
$13,479
$10,913
81%
$18,271
$12,922
70.7%
Window Replacement - Wood
$17,383
$13,784
79.3%
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