Comparing Home Improvements in Louisville with the Nation
May 5, 2007 by Tre Pryor, Editor-in-Chief. Residential
I culled through the official Realtor® yearly Making Home Improvements Pay report to see how Louisville compares with the nation. From the look of things, we more than hold our own.
Please note how similar items compare. For example, if you’re planning on replacing your home’s windows. Outside our state you’d be better off with some moderately priced wood windows (85.3% > 84.7%). However, here in Kentucky the upscale vinyl windows outperform the competition (93.9% > 84.9%).
It’s this kind of useful information that we’re looking to bring you each and every time we post. If you have any questions or topics you’d like us to cover, please let us know!
Costs Recouped
| Additions | Kentucky | National |
| Bathroom (Midrange) | 80.8% | 74.9% |
| Bathroom (Upscale) | 79.9% | 72.8% |
| Deck | 82.7% | 76.8% |
| Family Room | 73.0% | 71.5% |
| Master Suite (Midrange) | 70.2% | 72.6% |
| Master Suite (Upscale) | 74.4% | 72.7% |
| Sunroom | 69.9% | 66.3% |
| Two-Story | 79.4% | 83.2% |
| Remodels | Kentucky | National |
| Attic Bedroom | 85.3% | 79.9% |
| Basement | 84.4% | 78.8% |
| Bathroom (Midrange) | 97.3% | 84.9% |
| Bathroom (Upscale) | 85.3% | 77.4% |
| Home Office | 69.0% | 63.4% |
| Kitchen (Midrange) | 78.0% | 80.4% |
| Kitchen (Upscale) | 77.0% | 75.8% |
| Replacements | Kentucky | National |
| Roofing (Midrange) | 72.4% | 73.9% |
| Roofing (Upscale) | 73.5% | 72.9% |
| Siding (Vinyl) | 104.7% | 87.2% |
| Siding (Fiber Cement) | 97.2% | 88.0% |
| Siding (Foam-Backed Vinyl) | 92.2% | 83.1% |
| Windows (Midrange-Wood) | 84.4% | 85.3% |
| Windows (Midrange-Vinyl) | 84.0% | 83.7% |
| Windows (Upscale-Wood) | 84.9% | 82.5% |
| Windows (Upscale-Vinyl) | 93.9% | 84.7% |
June 14th, 2007 at 5:23 pm
[...] Here’s another look at the topic I wrote about last month—Comparing Home Improvements in Louisville with the Nation—but from the perspective of HGTV. [...]
February 25th, 2008 at 11:55 am
[...] The number, 81% for a midrange kitchen remodel, is just a bit higher than the National Average of 80.4%, which Louisville Homes Blog reported on in our 5/07 post called Home Improvement Recouping Costs. The same project in Louisville, Kentucky would rank just a bit lower at 78%. [...]
February 26th, 2008 at 10:26 pm
[...] In one of our most popular posts of last year—Comparing Home Improvements in Louisville with the Nation—we looked at how home improvement project costs were recouped when it came time to sell your home. This is important information given that so many homeowners desire to include 100% of their home improvement dollars in their asking price when it comes time to sell, which isn’t realistic. [...]
February 26th, 2008 at 10:27 pm
[...] In one of our most popular posts of last year—Comparing Home Improvements in Louisville with the Nation—we looked at how home improvement project costs were recouped when it came time to sell your home. This is important information given that so many homeowners desire to include 100% of their home improvement dollars in their asking price when it comes time to sell, which isn’t realistic. [...]