October 3, 2013
Everyone wonders what their project will cost. Will I be able to afford what I want to do? If I have a budget, what can I get for it? Will it cost more? Remodeling Magazine provides a great Cost vs. Value report every year that can give you a very good idea of what remodeling projects cost in every area of the country. For instance, a midrange, major kitchen remodel in Portland can easily cost $55,000 according to the Remodeling 2012–13 Cost vs. Value Report (www.costvsvalue.com). Take a look at their charts to get an idea of costs vs. what you might recoup at resale. You can also compare your city to the area or the national average.