Cost of Residential Construction - 2021 / by keith messick

2021 Data Released

Each year, Remodeling magazine publishes their “Cost vs. Value Report". The data is formatted the same each year and is available for past years as well. Below is my post for last year highlighting this report. The links and location of the report are the same. Select the year you wish to review and the report will pull the data for that year.

A Great Reference for Project Cost

Remodeling magazine has released their "Remodeling 2021 Cost vs. Value Report". This report compares the cost versus the value of projects between markets across the United States. 

The point of the study is to show how the value of a completed project compares to the cost of its construction.  The study uses a given project structure, same hours and materials, and uses that model to compare the differences across the country.

This report is an excellent reference for the cost of construction, by project, by geographic location.  And the fact that the data is further broken down into mid-range and upscale projects is even better.   The data on the value of a project is interesting but extremely subjective.

Links to the Reports:

NATIONAL TRENDS

REGIONAL CITY DATA - LOS ANGELES, CALIFORNIA

NATIONAL DATA