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2008-09 Cost vs Value Report

This site compares average cost for 30 popular remodeling projects with the value those projects retain at resale in 100 U.S. markets. Check out this year's trends and how they compare to prior years. Editor's Note: Please see here for an important update.

Regional City Data - Grand Rapids, Michigan

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Grand Rapids, Michigan
City data for 23 projects, including:
City Job Costs
City Resale Value
City Cost Recouped
City/Region Comparison
City/National Comparison

Grand Rapids, Michigan  2008-09 East North Central Averages

Project
Job Cost
Resale Value
Cost Recouped
Change vs 2007
Siding Replacement | Fiber-Cement
Job Cost:  $13,106   $12,965
Resale Value:  $10,080   $10,279
Cost Recouped:  76.9%   79.3%
$13,106   $12,965 $10,080   $10,279 76.9%   79.3%
Siding Replacement | Foam-backed Vinyl
Job Cost:  $11,369   $12,184
Resale Value:  $8,521   $9,061
Cost Recouped:  74.9%   74.4%
$11,369   $12,184 $8,521   $9,061 74.9%   74.4%
Deck Addition | Composite
Job Cost:  $14,615   $15,440
Resale Value:  $10,771   $9,910
Cost Recouped:  73.7%   64.2%
$14,615   $15,440 $10,771   $9,910 73.7%   64.2%
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