The Cost Vs Value Report
When considering a remodeling project in your home it’s always helpful to know how much return you can expect on your investment.
This 2023 Remodeling Cost vs. Value Report is an excellent resource. It shows the cost of remodeling projects in Colorado Springs and the increase in resale value after being remodeled.
For instance the report shows that the average cost of a simple full bathroom renovation In The Springs is $26,918 with a projected resale value raise of $14,505 (50.0% recouped). Perfect Renovations & Remodeling AVG cost for Simple Full Bathroom $12,739. With same resale value increase it comes to 113.86% ROI!
A high-end bathroom remodel in Colorado Springs is $83,750 with a projected resale value of $41,861 (50.0% recouped). Perfect R&R cost for full high-end bathroom project average is $26,500. With same resale value increase it comes to 157.97% ROI.
The average cost of a full kitchen remodel is $80,560 with a projected resale value of $59,288 (73.6% recouped). Perfect R&R cost for full kitchen with island project average is $47,000 . With same resale value increase it comes to 126.14% ROI.
At Perfect R & R we aim to get renovation & remodle done at, or below the "projected resale value". We want to keep 100%+ recouped rate, and give a positive ROI for your budget.
