2023 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.

Project	Job Cost	Resale Value	Cost Recouped
HVAC Conversion | Electrification Job Cost: $19,992 $17,747 Resale Value: $22,629 $18,366 Cost Recouped: 113.2% 103.5%	$19,992 $17,747	$22,629 $18,366	113.2% 103.5%
Siding Replacement | Fiber-Cement Job Cost: $21,165 $19,361 Resale Value: $21,412 $17,129 Cost Recouped: 101.2% 88.5%	$21,165 $19,361	$21,412 $17,129	101.2% 88.5%
Manufactured Stone Veneer Job Cost: $11,823 $10,925 Resale Value: $11,194 $11,177 Cost Recouped: 94.7% 102.3%	$11,823 $10,925	$11,194 $11,177	94.7% 102.3%
Siding Replacement | Vinyl Job Cost: $19,170 $16,348 Resale Value: $17,067 $15,485 Cost Recouped: 89% 94.7%	$19,170 $16,348	$17,067 $15,485	89% 94.7%
Minor Kitchen Remodel | Midrange Job Cost: $27,827 $26,790 Resale Value: $23,321 $22,963 Cost Recouped: 83.8% 85.7%	$27,827 $26,790	$23,321 $22,963	83.8% 85.7%
Garage Door Replacement Job Cost: $4,729 $4,302 Resale Value: $3,927 $4,418 Cost Recouped: 83% 102.7%	$4,729 $4,302	$3,927 $4,418	83% 102.7%
Window Replacement | Vinyl Job Cost: $20,557 $20,091 Resale Value: $14,697 $13,766 Cost Recouped: 71.5% 68.5%	$20,557 $20,091	$14,697 $13,766	71.5% 68.5%
Window Replacement | Wood Job Cost: $25,156 $24,376 Resale Value: $16,873 $14,912 Cost Recouped: 67.1% 61.2%	$25,156 $24,376	$16,873 $14,912	67.1% 61.2%
Roofing Replacement | Asphalt Shingles Job Cost: $34,537 $29,136 Resale Value: $20,741 $17,807 Cost Recouped: 60.1% 61.1%	$34,537 $29,136	$20,741 $17,807	60.1% 61.1%
Bath Remodel | Midrange Job Cost: $27,775 $24,606 Resale Value: $16,187 $16,413 Cost Recouped: 58.3% 66.7%	$27,775 $24,606	$16,187 $16,413	58.3% 66.7%
Deck Addition | Wood Job Cost: $19,201 $17,051 Resale Value: $9,918 $8,553 Cost Recouped: 51.7% 50.2%	$19,201 $17,051	$9,918 $8,553	51.7% 50.2%
Roofing Replacement | Metal Job Cost: $55,066 $47,414 Resale Value: $26,004 $23,163 Cost Recouped: 47.2% 48.9%	$55,066 $47,414	$26,004 $23,163	47.2% 48.9%
Grand Entrance | Fiberglass Job Cost: $11,313 $10,823 Resale Value: $5,322 $5,457 Cost Recouped: 47% 50.4%	$11,313 $10,823	$5,322 $5,457	47% 50.4%
Bath Remodel | Universal Design Job Cost: $43,983 $39,710 Resale Value: $19,155 $18,270 Cost Recouped: 43.6% 46%	$43,983 $39,710	$19,155 $18,270	43.6% 46%
Major Kitchen Remodel | Midrange Job Cost: $80,795 $77,939 Resale Value: $34,048 $32,574 Cost Recouped: 42.1% 41.8%	$80,795 $77,939	$34,048 $32,574	42.1% 41.8%
Entry Door Replacement | Steel Job Cost: $3,817 $2,214 Resale Value: $1,490 $2,235 Cost Recouped: 39% 100.9%	$3,817 $2,214	$1,490 $2,235	39% 100.9%
Bath Remodel | Upscale Job Cost: $83,580 $76,827 Resale Value: $31,601 $28,203 Cost Recouped: 37.8% 36.7%	$83,580 $76,827	$31,601 $28,203	37.8% 36.7%
Deck Addition | Composite Job Cost: $26,917 $23,430 Resale Value: $9,904 $9,325 Cost Recouped: 36.8% 39.8%	$26,917 $23,430	$9,904 $9,325	36.8% 39.8%
Major Kitchen Remodel | Upscale Job Cost: $167,777 $154,483 Resale Value: $50,304 $48,913 Cost Recouped: 30% 31.7%	$167,777 $154,483	$50,304 $48,913	30% 31.7%
Bathroom Addition | Midrange Job Cost: $63,939 $57,090 Resale Value: $18,853 $17,237 Cost Recouped: 29.5% 30.2%	$63,939 $57,090	$18,853 $17,237	29.5% 30.2%
Primary Suite Addition | Midrange Job Cost: $172,315 $157,855 Resale Value: $48,424 $47,343 Cost Recouped: 28.1% 30%	$172,315 $157,855	$48,424 $47,343	28.1% 30%
Bathroom Addition | Upscale Job Cost: $114,680 $104,733 Resale Value: $29,057 $27,830 Cost Recouped: 25.3% 26.6%	$114,680 $104,733	$29,057 $27,830	25.3% 26.6%
Primary Suite Addition | Upscale Job Cost: $356,442 $325,504 Resale Value: $74,797 $73,875 Cost Recouped: 21% 22.7%	$356,442 $325,504	$74,797 $73,875	21% 22.7%