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The following information is provided by Freddie Mac, and provides a rough guide for estimating remodeling and repair costs.


Additions


Costs

Build addition $70 to $120 per square foot
Enclose porch $5,500 to $15,000
Drywall ceiling over plaster $1.50 to $2.00 per square foot


Basement


Costs

Convert basement to $legal rental unit $30,000 to $50,000


Bathroom


Costs

Remodel bathroom $7,000 to $12,000
Add half bathroom $3,500 to $5,000
Add full bathroom $7,000 to $12,000


Electrical Service


Costs

Increase service to $200 amps $700 to $1,200
Run separate electrical lines $150 to $300
Install connectors on outlets
   (of aluminum wired homes)
$15 to $20 per connection/
$2,000 to $3,000 (whole house)


Exterior


Costs

Regrade lawn $500 to $1,500
New gutters and downspouts $2.50 to $3.50 per linear foot


Fireplaces


Costs

Build masonry fireplace $3,300 to $4,800
Install prefabricated fireplace $1,800 to $2,300
Reline chimney with terra cotta $2,000


Floors


Costs

Sand and finish wood floors $1.50 to $3.30 per square foot
Install ceramic tile floor $11 to $22 per square foot
Install vinyl tile floor $2.64 to $5.34 per square foot
Install wall-to-wall carpet $3.38 to $6.61 per square foot


Garages


Costs

Build single car garage $6,000 to $9,500
Build double car garage $8,000 to $12,000


Heating and Air Conditioning


Costs

Replace warm air furnace $1,500 to $3,800
Replace electric heat pump $2,200 to $3,600
Replace central air conditioning system (electric) $1,500 to $3,000
Replace central air conditioning system (gas) $2,600 to $3,500
Install humidifier $300 to $550
Install electrostatic air cleaner $500 to $750
Replace hot water boiler $2,500 to $3,500
Install attic ventilation $250 to $450


Insulation


Costs

Insulate attic / basement $.75 to $1.20 per square foot


Kitchen


Costs

Remodel kitchen $8,000 and up


Plumbing


Costs

Hot water heater
   (40-gallon capacity) $400 to $650
   (75-gallon capacity) $300 to $550
Install new well $3,000 to $5,000
Install new septic system $3,000 to $5,000
Install sump pump $400 to $500
Install French drain and sump pump $2,000 to $3,500


Roofs


Costs

Asphalt / fiberglass shingles–
Install over existing shingles $1 to $1.20 per square foot
Remove existing shingles and install new $1.30 to $1.75 per square foot


Windows


Costs

Install storm windows $60 to $100 each
Replace existing windows $250 to $500 each

© 1995-2000 Freddie Mac. All rights reserved.
Reproduced with permission from Freddie Mac.

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