Upgrading your home is always appealing, but which enhancements get you the best return for your money when it’s time to sell? The latest Cost vs. Value Report provides valuable insights into the ROI of various home improvement projects. Visit the respective magazines' online pages for the most recent reports.
Here are the national averages for 10 projects in the latest report:
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Major Kitchen Remodel
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Job cost: $62,545
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Value at sale: $49,750
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Cost Recouped: 79.6%
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Bathroom Remodel
- Job cost: $17,295
- Value at sale: $14,172
- Cost Recouped: 81.9%
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Master Suite Addition
- Job cost: $134,643
- Value at sale: $107,278
- Cost Recouped: 79.7%
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Family Room Addition
- Job cost: $95,204
- Value at sale: $77,473
- Cost Recouped: 81.3%
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Window Replacement
- Job cost: $14,504
- Value at sale: $11,680
- Cost Recouped: 80.4%
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Roofing Replacement
- Job cost: $21,567
- Value at sale: $17,234
- Cost Recouped: 79.9%
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Attic Bedroom
- Job cost: $51,378
- Value at sale: $41,040
- Cost Recouped: 79.9%
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Basement Remodel
- Job cost: $70,612
- Value at sale: $56,178
- Cost Recouped: 79.5%
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Sunroom Addition
- Job cost: $45,745
- Value at sale: $36,756
- Cost Recouped: 80.2%
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Deck Addition
- Job cost: $13,756
- Value at sale: $11,653
- Cost Recouped: 84.7%
These figures provide a snapshot of the potential return on investment for popular remodeling projects. Keep in mind that local market conditions and the specific details of your project can influence the actual costs and returns. Always consider your own needs and enjoyment of the improvements in addition to potential resale value.
