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Guidelines for Budgeting Remodeling Projects

Modern Designs has taken the time to create this chart which we feel will ball-park your project costs. We pledge to do our best to work within your budget by giving you the best advice, "FREE". We will make sure that all your options and choices are fully explained before you make any decisions and choices that will affect your lives, and your home. Prices & Variances in project costs have been developed over many years of data we have accumulated while working in this industry. We have taken this data and developed the following price schedule to show you the approximate return on your investment (ROI). We hope you will find it useful.

KITCHENS ROI*  93 - 104%
       Cosmetic $1-4K
       Intermediate $4-8K
       Gut & Redo (Pull & Replace) $10-18K
       Gut & Redo Reorganize - simple $14-20K
              - Intermediate $18-24K
              - Elaborate $30-50K
   
BATHROOMS ROI*  92 - 104%
       Cosmetics $1-2K
       Intermediate $2-4K
       Gut & Redo (Pull and Replace) $6-12K
       Gut & Redo & Expand in existing place $10-15K
       Add Whirlpool Tub add $3-5K
       Add a Bath in Existing Space
- Simple $8-12K
- Average $15-20K
- Elaborate $20-40K
   
POWDER ROOMS ROI*  92 - 125%
       Gut & Redo $3-5K
       Create New in Existing Space $7-9K
   
ADDITIONS ROI* 76- 86%
       Small Bump Out $10-15K
       Breakfast Room $15-20K
       Bedroom $25-40K
       Family Room $25-45K
       Add a Second Story             avg plus 50-75% of 1st
       Add a Basement Below       avg plus 40-60% of 1st
   
BASEMENT FINISHING ROI*  40 - 60%
       Simple Clean Up $7-12K
       Extra Bedroom $12-17K
       Elaborate Family Space $25-50K
   
ATTIC FINISHING ROI*  68-84%
       Simple Within Existing Space $10-20K
       Small Dormer add $10-15K
       Large Dormer add $20-30K
   
MISCELLANEOUS ROI*  67 - 95%
       Replace Windows $300-500 each
       Enlarge & Replace Window $500-1500 each
       Add Skylights - Existing roof $1000-1600 each
       Add Sklights - New Roof
$600-900 each
       Add French or Sliding Door
Existing Opening $1500-3000
Create New Opening (frame) $500-1000
Create New Opening (masonry) $1000-2000
       Painting - Interior $300-600 per room
Exterior $2000-10,000
       Tear out Interior Non-Bearing Wall $500-1500 each
       Tear out Bearing Wall $1000-4000 each
       Electrical Heavy-Up $800-1200
   
* ROI - Return On Investment  

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White Pine Builders LLC
Modern Designs Construction Services LLC
Offices Located in:
Milwaukee - Oconomowoc - Wausau - Ph 800-564-1677
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