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Name the Price: Home Renovations
by Staff
So, your house needs some work. The kitchen, for one, could use an overhaul, and you've always meant to add an extra bedroom. But you have no clue how much it would cost -- and if it would even be worth it to spend the money.

According to Remodeling magazine, about how much can you expect to pay for a major kitchen renovation?

  • $24,000
  • $54,000
  • $84,000

What's a good rule of thumb for how much to invest in home renovations?

  • 10 to 20 percent of your home's appraised value
  • 20 to 30 percent
  • 30 to 40 percent

Remodeling magazine said that in 2005, you could recoup 103.6 percent of your investment if you replaced your home's siding with "upscale" siding. About how much would this cost?

  • $10,400
  • $20,400
  • $30,400

What's the average price of a roof replacement?

  • $10,000
  • $14,000
  • $18,000

According to the National Association of Home Builders, how much were Americans expected to spend on home renovations in 2009?

  • $117 billion
  • $157 billion
  • $217 billion

Electric radiant heat is one fairly inexpensive way to warm up a floor. About how much does it cost per square foot?

  • $8 to $15
  • $12 to $17
  • $15 to $21

One positive aspect of a slow real-estate market is the drop in home renovation costs. How much does Money magazine estimate you can save on your renovation projects in a downbeat economy?

  • 10 percent
  • 15 percent
  • 20 percent

What's the average price per square foot for a room addition?

  • $150
  • $175
  • $200

What's the average price per square foot for a deck?

  • $10
  • $20
  • $30

One easy and inexpensive upgrade often mentioned by experts is crown molding. About how much would it cost to add crown molding to a room?

  • $35
  • $65
  • $100