
On paper it seems simple: $30,000 for a kitchen redo, $16,000 for a new bathroom, $44,000 for a family room addition.
But what are the true costs of those home improvement projects? For example, that kitchen redo could actually be done for as little as $20,000, and the new bathroom may actually cost just $12,000.
On the other hand, a family room addition that costs $44,000 on paper may end up costing twice that much when you factor in decorating and furnishing that room.
The true cost of home improvements can often differ from the on-paper costs, and those costs can go up or down depending on the type of project.