Ever wondered how much home improvement projects cost and how much of that value you could recoup at resale? Here is the annual report from Remodeling magazine. They have been studying this for years and their annual report is the benchmark for all others. This information is extremely helpful for budgeting and evaluating projects. But, as you will see very few projects re-coup 100% of the cost. Therefore, remember that improving your home has "Value" in many other ways too.
If you would like to see the whole report and the specific data for your region you can click here.
This site compares the average cost for 35 popular remodeling projects with the value those projects retain at resale. Choose your state to display data for one of 9 regions; choose any one of 80 U.S. cities to download a PDF with local data. Click on a project name to see a project description and 3-D model. To read the article in the November 2010 issue of Remodeling, click on “The Magazine” just above the search bar. For more information on the Remodeling 2010–11 Cost vs. Value Report, click on any of the links listed at right. | |
2010-11 National Averages
|
| Attic Bedroom | $51,428 | $37,142 | 72.2% |  |
| Backup Power Generator | $14,718 | $7,136 | 48.5% | |
| Basement Remodel | $64,519 | $45,186 | 70.0% | |
| Bathroom Addition | $40,710 | $21,695 | 53.3% | |
| Bathroom Remodel | $16,634 | $10,668 | 64.1% | |
| Deck Addition (composite) | $15,620 | $10,337 | 66.2% | |
| Deck Addition (wood) | $10,973 | $7,986 | 72.8% | |
| Entry Door Replacement (fiberglass) | $3,576 | $2,147 | 60.0% | |
| Entry Door Replacement (steel) | $1,218 | $1,243 | 102.1% | |
| Family Room Addition | $85,740 | $53,624 | 62.5% | |
| Garage Addition | $60,608 | $35,876 | 59.2% | |
| Garage Door Replacement | $1,291 | $1,083 | 83.9% |  |
| Home Office Remodel | $28,888 | $13,235 | 45.8% | |
| Major Kitchen Remodel | $58,367 | $40,126 | 68.7% | |
| Master Suite Addition | $108,090 | $68,146 | 63.0% | |
| Minor Kitchen Remodel | $21,695 | $15,790 | 72.8% | |
| Roofing Replacement | $21,488 | $12,780 | 59.5% | |
| Siding Replacement (vinyl) | $11,357 | $8,223 | 72.4% | |
| Sunroom Addition | $75,224 | $36,540 | 48.6% | |
| Two-Story Addition | $165,243 | $107,338 | 65.0% | |
| Window Replacement (vinyl) | $11,066 | $7,920 | 71.6% | |
| Window Replacement (wood) | $12,027 | $8,707 | 72.4% | |
|
| Bathroom Addition | $78,409 | $41,562 | 53.0% | |
| Bathroom Remodel | $53,759 | $30,738 | 57.2% | |
| Deck Addition (composite) | $38,382 | $22,154 | 57.7% | |
| Garage Addition | $90,053 | $48,278 | 53.6% | |
| Garage Door Replacement | $3,545 | $2,476 | 69.8% | |
| Grand Entrance (fiberglass) | $7,700 | $4,979 | 64.7% | |
| Major Kitchen Remodel | $113,464 | $67,746 | 59.7% | |
| Master Suite Addition | $232,062 | $122,370 | 52.7% | |
| Roofing Replacement | $38,022 | $21,120 | 55.5% | |
| Siding Replacement (fiber-cement) | $13,382 | $10,707 | 80.0% | |
| Siding Replacement (foam-backed vinyl) | $13,973 | $10,119 | 72.4% | |
| Window Replacement (vinyl) | $14,284 | $10,368 | 72.6% | |
| Window Replacement (wood) | $18,226 | $12,303 | 67.5% | |
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