If you are thinking of remodeling, you are sure to be wondering what it might cost.
A helpful resource for estimationsed costs associated with remodeling is the Remodeling Magazine’s annual “Cost vs. Value” report. It shows costs involved on some of the most popular remodeling projects, based on a survey by the National Association of Realtors. The most recent report appears in the November 2010 issue and can be accessed from the magazine’s website.
On the midrange scale of luxury, a major kitchen remodel averaged $58,367, according to Remodeling. The average cost of an upscale kitchen remodel was $113,464. The cost of a midrange bathroom remodel averaged $16,634, while the upscale version averaged $53,759. A master suite addition averaged $108,090 in the midrange and $232,062 for an upscale project