"A Better Experience in Home Remodeling"

Return On Investment (ROI)

What's the payback for remodeling?  Remodeling Magazine's annual report compared construction cost with resale value for 25 common home improvement projects.  The tables below show how much the project will cost and how much you will increase the value of your home if you were to sell it after the improvement.  The last collum is the percentage you recover from your investment. 

The first table is for Upscale Projects, and the second is for Mid-Range Projects.

Return On Investment (ROI)

 Upscale Projects

 PROJECT TYPEJob CostResale Value % Recovered 
Bathroom Addition $59,544$41,73670.1% 
 Bathroom Remodel $37,676 $27,678 73.5%
 Major Kitchen Remodel$106,886 $87,384 81.8%
 Master Suite Addition $173,783 $123,326 71.0%
 Roofing Replacement $24,558 $18,120 73.8%
 Siding Replacement (fiber cement) $13,046 $14,288 109.5%
 Siding Replacement (foam-backed vinyl) $10,811 $8,874 82.1%
 Window Replacement (wood) $16,630 $12,522 75.3%
 Window Replacement (vinyl) $12,878 $9,515 73.9%

Return On Investment (ROI)

 Mid-Range Projects

 PROJECT TYPEJob Cost  Resale Value % Recovered
 Attic Bedroom Remodel$43,454 $33,788 77.8% 
 Basement Remodel $56,407 $47,538 84.3%
 Bathroom Addition $28,535 $19,589 68.7%
Bathroom Remodel $12,834 $10,714 83.5%
Deck Addition $14,603 $11,580 79.3%
Family Room Addition $73,937 $52,690 71.3%
Home Office Remodel $19,710 $11,535 58.5%
Major Kitchen Remodel $53,463 $44,898 84.0%
Master Suite Addition $92,643 $65,002 70.2%
Minor Kitchen Remodel $17,851 $14,197 79.5%
Roofing Replacement $14,132 $10,439 73.9%
Siding Replacement (vinyl) $8,873 $7,628 86.0%
Sunroom Addition $49,258 $32,784 66.6%
Two-Story Addition $103,529 $92,612 89.5%
Window Replacement (wood) $10,846 $7,911 72.9%
Window Replacement (vinyl)  $9,959 $6,760 67.9%