2008 Cost vs Value Report

We compare average costs for 28 remodeling projects with the value those projects retain at resale in 119 U.S. markets.

2008 National Averages

Project	Job Cost	Resale Value	Cost Recouped
Siding Replacement | Fiber-Cement Job Cost: $13,177 Resale Value: $11,424 Cost Recouped: 87%	$13,177	$11,424	87%
Deck Addition | Wood Job Cost: $10,601 Resale Value: $8,676 Cost Recouped: 82%	$10,601	$8,676	82%
Siding Replacement | Vinyl Job Cost: $10,256 Resale Value: $8,274 Cost Recouped: 81%	$10,256	$8,274	81%
Siding Replacement | Foam-backed Vinyl Job Cost: $12,528 Resale Value: $10,074 Cost Recouped: 80%	$12,528	$10,074	80%
Minor Kitchen Remodel | Midrange Job Cost: $21,246 Resale Value: $16,881 Cost Recouped: 80%	$21,246	$16,881	80%
Window Replacement | Vinyl Job Cost: $13,608 Resale Value: $10,781 Cost Recouped: 79%	$13,608	$10,781	79%
Window Replacement | Wood | Midrange Job Cost: $11,512 Resale Value: $8,946 Cost Recouped: 78%	$11,512	$8,946	78%
Window Replacement | Vinyl | Midrange Job Cost: $10,537 Resale Value: $8,132 Cost Recouped: 77%	$10,537	$8,132	77%
Window Replacement | Wood Job Cost: $17,580 Resale Value: $13,455 Cost Recouped: 77%	$17,580	$13,455	77%
Major Kitchen Remodel | Midrange Job Cost: $56,611 Resale Value: $43,030 Cost Recouped: 76%	$56,611	$43,030	76%
Bath Remodel | Midrange Job Cost: $15,899 Resale Value: $11,857 Cost Recouped: 75%	$15,899	$11,857	75%
Attic Bedroom Job Cost: $48,398 Resale Value: $35,694 Cost Recouped: 74%	$48,398	$35,694	74%
Deck Addition | Composite Job Cost: $15,277 Resale Value: $11,260 Cost Recouped: 74%	$15,277	$11,260	74%
Basement Remodel Job Cost: $61,011 Resale Value: $44,467 Cost Recouped: 73%	$61,011	$44,467	73%
Major Kitchen Remodel | Upscale Job Cost: $110,964 Resale Value: $78,398 Cost Recouped: 71%	$110,964	$78,398	71%
Two-Story Addition Job Cost: $146,538 Resale Value: $103,553 Cost Recouped: 71%	$146,538	$103,553	71%
Bath Remodel | Upscale Job Cost: $51,455 Resale Value: $36,400 Cost Recouped: 71%	$51,455	$36,400	71%
Garage Addition Job Cost: $57,272 Resale Value: $38,161 Cost Recouped: 67%	$57,272	$38,161	67%
Bathroom Addition | Upscale Job Cost: $74,325 Resale Value: $49,100 Cost Recouped: 66%	$74,325	$49,100	66%
Primary Suite Addition | Midrange Job Cost: $101,571 Resale Value: $67,037 Cost Recouped: 66%	$101,571	$67,037	66%
Family Room Addition Job Cost: $81,315 Resale Value: $53,608 Cost Recouped: 66%	$81,315	$53,608	66%
Roofing Replacement | Asphalt Shingles Job Cost: $18,825 Resale Value: $12,336 Cost Recouped: 66%	$18,825	$12,336	66%
Bathroom Addition | Midrange Job Cost: $38,078 Resale Value: $24,187 Cost Recouped: 64%	$38,078	$24,187	64%
Roofing Replacement Job Cost: $36,296 Resale Value: $22,861 Cost Recouped: 63%	$36,296	$22,861	63%
Primary Suite Addition | Upscale Job Cost: $223,876 Resale Value: $136,764 Cost Recouped: 61%	$223,876	$136,764	61%
Backup Power Generator Job Cost: $14,040 Resale Value: $8,026 Cost Recouped: 57%	$14,040	$8,026	57%
Sunroom Addition Job Cost: $71,745 Resale Value: $40,715 Cost Recouped: 57%	$71,745	$40,715	57%
Home Office Remodel Job Cost: $28,094 Resale Value: $15,329 Cost Recouped: 55%	$28,094	$15,329	55%