Skip navigation and jump to content.

  • 2005 Remodeling Cost vs. Value Report from Remodeling Magazine gives you a guide on what various home projects will pay back at resale

  • Major Kitchen Remodel Job cost $45,242

  • Resale Value $45,353

  • % recouped 100.20%

  • Minor Kitchen Remodel  Job cost $15,328

  • Resale Value $17,209 =

  • % of cost recouped 112.3% 

  • Convert Attic to bedroom - Job cost $41,244  

  • Resale value $43,357

  • % of cost recouped 105.10%

  • Deck addition job cost $11,873

  • Resale value $11,814

  • % of cost recouped 99.50%

  • Basement Remodel -entertainment area + full bath $53,359

  • Resale value $57,759

  • % of cost recouped 108.20%

  • Bathroom remodel $11,025

  • Resale value $12,340

  • % of cost recouped  111.90%

  • Add a bathroom $24,560

  • Resale Value $22,841

  • % recouped $91.50

  • Family room $58,081

  • Resale value $52,820

  • %cost recouped 90.90%

  • Home Office remodel $13,738

  • Resale Value $11,395

  • % recouped 82.90%

  • Master suite addition $77,640

  • Resale value $69,425

  • % recouped 89.40%                                                                                                                           

  • Great snow year for skiing!  Mt. Bachelor currently has 170+/- inches and it's still snowing!

  • Central Oregon contiues to grow at a rapid pace!  Resort living in Central Oregon is under great demand.  Caldera Springs in Sunriver sold 203 lots in 2 days!  Brasada Ranch east of Bend sold out Phase 1 & 2 in two days!  New phase scheduled to begin this March.

  • North Rim on Awbrey Butte, in Bend will feature a final phase in mid to late spring, all with western moutain views.

  • Shared or Fractional Ownership in Sunriver's finest townhomes

Fractional ownership of vacation homes are a growing trend.

Pat Mitchell, a broker at The Residences of Vail Mountain Lodge and Spa, refers to it as the "time value relationship".

"That's why this industry is growing", the price your pay per square foot in high-visibility locations for most people doesn't justify the investment.  And if you buy the dream house, you have no services."  It is gaining traction as resort real estate prices escalate and consumers seek a stepping stone to the dream house or a viable alternative to the moutain mansion.  According to Hotel Business magazine, there were 151 fractional-interest resorts listed online as of March 2004.  Since 1999, sales jumped 219 percent, according to the Eugene based market research firm Ragatz Associates.  In 2003, fractionals were a $500 milliion industry, but within the next three years, industry observers expect it to hit $1 billion.

If you would like additional information on any of these properties, please visit my website at :  www.bevsherrer.com