explanade
Give me a museum and I'll fill it. (Picasso) Give me a forum ...
- Joined
- May 10, 2008
- Messages
- 7,448
Townhouse in San Francisco Bay Area, in prime location. Zillow shows it between $600-650k. In the past decade, units in the same complex have sold for around $750k, though they may have been slightly bigger unints.
Home Depot says 5% is the typical cost of a kitchen remodel and showed me a chart claiming that average kitchen remodel in the Bay Area was $71k.
Had a couple of contractors out, one came with an estimate of about $45k for the kitchen and 2.5 bathrooms. This includes new floors and lighting, counters and cabinets. Does not include appliances, sinks, plumbing fixtures.
Another estimate was about $70k, including about $5k for appliances.
Is there some rule of thumb for how much remodels should costs, how much value they'd add, etc?
Anyone here deal with these issues? Not necessarily in the context of ER -- still working here.
Home Depot says 5% is the typical cost of a kitchen remodel and showed me a chart claiming that average kitchen remodel in the Bay Area was $71k.
Had a couple of contractors out, one came with an estimate of about $45k for the kitchen and 2.5 bathrooms. This includes new floors and lighting, counters and cabinets. Does not include appliances, sinks, plumbing fixtures.
Another estimate was about $70k, including about $5k for appliances.
Is there some rule of thumb for how much remodels should costs, how much value they'd add, etc?
Anyone here deal with these issues? Not necessarily in the context of ER -- still working here.