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: $17,648 $17,747 Resale Value: $18,197 $18,366 Cost Recouped: 103.1% 103.5%	$17,648 $17,747	$18,197 $18,366	103.1% 103.5%
Manufactured Stone Veneer Job Cost: $10,419 $10,925 Resale Value: $10,649 $11,177 Cost Recouped: 102.2% 102.3%	$10,419 $10,925	$10,649 $11,177	102.2% 102.3%
Siding Replacement | Vinyl Job Cost: $15,869 $16,348 Resale Value: $15,592 $15,485 Cost Recouped: 98.3% 94.7%	$15,869 $16,348	$15,592 $15,485	98.3% 94.7%
Siding Replacement | Fiber-Cement Job Cost: $17,896 $19,361 Resale Value: $17,466 $17,129 Cost Recouped: 97.6% 88.5%	$17,896 $19,361	$17,466 $17,129	97.6% 88.5%
Garage Door Replacement Job Cost: $4,451 $4,302 Resale Value: $3,773 $4,418 Cost Recouped: 84.8% 102.7%	$4,451 $4,302	$3,773 $4,418	84.8% 102.7%
Minor Kitchen Remodel | Midrange Job Cost: $26,322 $26,790 Resale Value: $21,096 $22,963 Cost Recouped: 80.1% 85.7%	$26,322 $26,790	$21,096 $22,963	80.1% 85.7%
Window Replacement | Vinyl Job Cost: $19,532 $20,091 Resale Value: $13,964 $13,766 Cost Recouped: 71.5% 68.5%	$19,532 $20,091	$13,964 $13,766	71.5% 68.5%
Bath Remodel | Midrange Job Cost: $23,670 $24,606 Resale Value: $16,084 $16,413 Cost Recouped: 68% 66.7%	$23,670 $24,606	$16,084 $16,413	68% 66.7%
Window Replacement | Wood Job Cost: $23,919 $24,376 Resale Value: $14,527 $14,912 Cost Recouped: 60.7% 61.2%	$23,919 $24,376	$14,527 $14,912	60.7% 61.2%
Roofing Replacement | Asphalt Shingles Job Cost: $26,942 $29,136 Resale Value: $15,800 $17,807 Cost Recouped: 58.6% 61.1%	$26,942 $29,136	$15,800 $17,807	58.6% 61.1%
Roofing Replacement | Metal Job Cost: $43,906 $47,414 Resale Value: $22,074 $23,163 Cost Recouped: 50.3% 48.9%	$43,906 $47,414	$22,074 $23,163	50.3% 48.9%
Deck Addition | Wood Job Cost: $15,809 $17,051 Resale Value: $7,817 $8,553 Cost Recouped: 49.4% 50.2%	$15,809 $17,051	$7,817 $8,553	49.4% 50.2%
Entry Door Replacement | Steel Job Cost: $3,592 $2,214 Resale Value: $1,720 $2,235 Cost Recouped: 47.9% 100.9%	$3,592 $2,214	$1,720 $2,235	47.9% 100.9%
Grand Entrance | Fiberglass Job Cost: $10,791 $10,823 Resale Value: $4,821 $5,457 Cost Recouped: 44.7% 50.4%	$10,791 $10,823	$4,821 $5,457	44.7% 50.4%
Bath Remodel | Universal Design Job Cost: $37,300 $39,710 Resale Value: $16,110 $18,270 Cost Recouped: 43.2% 46%	$37,300 $39,710	$16,110 $18,270	43.2% 46%
Major Kitchen Remodel | Midrange Job Cost: $77,169 $77,939 Resale Value: $29,101 $32,574 Cost Recouped: 37.7% 41.8%	$77,169 $77,939	$29,101 $32,574	37.7% 41.8%
Deck Addition | Composite Job Cost: $22,827 $23,430 Resale Value: $8,495 $9,325 Cost Recouped: 37.2% 39.8%	$22,827 $23,430	$8,495 $9,325	37.2% 39.8%
Bath Remodel | Upscale Job Cost: $74,173 $76,827 Resale Value: $25,693 $28,203 Cost Recouped: 34.6% 36.7%	$74,173 $76,827	$25,693 $28,203	34.6% 36.7%
Bathroom Addition | Midrange Job Cost: $55,518 $57,090 Resale Value: $16,014 $17,237 Cost Recouped: 28.8% 30.2%	$55,518 $57,090	$16,014 $17,237	28.8% 30.2%
Major Kitchen Remodel | Upscale Job Cost: $151,612 $154,483 Resale Value: $42,853 $48,913 Cost Recouped: 28.3% 31.7%	$151,612 $154,483	$42,853 $48,913	28.3% 31.7%
Primary Suite Addition | Midrange Job Cost: $154,894 $157,855 Resale Value: $42,738 $47,343 Cost Recouped: 27.6% 30%	$154,894 $157,855	$42,738 $47,343	27.6% 30%
Bathroom Addition | Upscale Job Cost: $101,370 $104,733 Resale Value: $26,843 $27,830 Cost Recouped: 26.5% 26.6%	$101,370 $104,733	$26,843 $27,830	26.5% 26.6%
Primary Suite Addition | Upscale Job Cost: $315,601 $325,504 Resale Value: $67,787 $73,875 Cost Recouped: 21.5% 22.7%	$315,601 $325,504	$67,787 $73,875	21.5% 22.7%