Open House
Welcome to Open House, a News Tribune blog on the real estate industry and its curious musings, gossip and yes, even facts and analysis.


The blog will focus on the South Sound, state and national housing and rental markets, as well as cool Web sites, weird real estate trends and warnings about scams.

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Open House is a forum to read about and discuss real estate issues. It is not a place to pitch your services. That means no direct solicitation, no phone numbers and no pushing readers to your Web site or place of business.

More real estate blogs:

Rain City
Seattle area real estate blog

Seattle Bubble
Real estate and the housing bubble

The Real Estate Blog
National scope

Inman News
(National real estate news/research co. with a blog)

360 Digest
Seattle-area blog on real estate, art and politics.

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Tacoma and South Puget Sound Real Estate Blog
Monday, June 2nd, 2008
Posted by Devona Wells @ 12:04:41 pm

Many people who contemplate a remodel wonder at some point: How much of the money I put in will I get out when I sell? And what about the cost in the first place -- am I paying too much?

A local remodeler forwarded me a link to some stats that can help to answer some of these questions, at least on a regional basis. Remodeling magazine has put together a comprehensive list of typical home renovation projects, what they cost, how much of that will be recouped and how each compares to the national average.

Projects in the Seattle-Tacoma area that return more than 100 percent of what's invested, along with the average cost, according to the magazine: minor kitchen remodel ($22,698), wood deck addition ($12,812), wood window replacement ($13,120), upscale window replacements in vinyl ($15,743) and wood ($19,608).

If you're all about the return when remodeling, you might want to think again about projects where less than 70 percent of the cost is recouped: a back-up power generator, a sunroom addition and a home office remodel.

One other point worth noting: All but one of the 29 projects listed brings a better return in the Seattle-Tacoma area than the national average.

Find the whole list of projects and stats here.