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 * Home >
 * Cost vs. Value 2024

2024 COST VS VALUE REPORT


This site compares average costs for 23 remodeling projects with the value those
projects retain at resale in 150 U.S. markets.
Select another Year: 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013
2011-12 2010-11 2009-10 2008-09 2007 2006 2005 2004 2003 2002
Step 1: National
Step 2: Regional
Step 3: City

NATIONAL DATA

Scroll down to see data or select a region:

 * East North Central
 * East South Central
 * Middle Atlantic
 * Mountain
 * New England
 * Pacific
 * South Atlantic
 * West North Central
 * West South Central

Created with Raphaël
2.1.0MEVTNHMARICTNJNYPANCWVGAFLVASCDEMDMSALTNKYILWIMIOHINMNIANDNEKSSDMOTXLAAROKMTUTAZIDNVNMWYCOORWAAKCAHI


2024 NATIONAL AVERAGES

Project
Job Cost
Resale Value
Cost Recouped
Garage Door Replacement
Job Cost:  $4,513
Resale Value:  $8,751
Cost Recouped:  193.9%
$4,513 $8,751 193.9% Entry Door Replacement | Steel
Job Cost:  $2,355
Resale Value:  $4,430
Cost Recouped:  188.1%
$2,355 $4,430 188.1% Manufactured Stone Veneer
Job Cost:  $11,287
Resale Value:  $17,291
Cost Recouped:  153.2%
$11,287 $17,291 153.2% Grand Entrance | Fiberglass
Job Cost:  $11,353
Resale Value:  $11,054
Cost Recouped:  97.4%
$11,353 $11,054 97.4% Minor Kitchen Remodel | Midrange
Job Cost:  $27,492
Resale Value:  $26,406
Cost Recouped:  96.1%
$27,492 $26,406 96.1% Siding Replacement | Fiber-Cement
Job Cost:  $20,619
Resale Value:  $18,230
Cost Recouped:  88.4%
$20,619 $18,230 88.4% Deck Addition | Wood
Job Cost:  $17,615
Resale Value:  $14,596
Cost Recouped:  82.9%
$17,615 $14,596 82.9% Siding Replacement | Vinyl
Job Cost:  $17,410
Resale Value:  $13,957
Cost Recouped:  80.2%
$17,410 $13,957 80.2% Bath Remodel | Midrange
Job Cost:  $25,251
Resale Value:  $18,613
Cost Recouped:  73.7%
$25,251 $18,613 73.7% Deck Addition | Composite
Job Cost:  $24,206
Resale Value:  $16,498
Cost Recouped:  68.2%
$24,206 $16,498 68.2% Window Replacement | Vinyl
Job Cost:  $21,264
Resale Value:  $14,270
Cost Recouped:  67.1%
$21,264 $14,270 67.1% HVAC Conversion | Electrification
Job Cost:  $18,800
Resale Value:  $12,422
Cost Recouped:  66.1%
$18,800 $12,422 66.1% Window Replacement | Wood
Job Cost:  $25,799
Resale Value:  $16,222
Cost Recouped:  62.9%
$25,799 $16,222 62.9% Roofing Replacement | Asphalt Shingles
Job Cost:  $30,680
Resale Value:  $17,461
Cost Recouped:  56.9%
$30,680 $17,461 56.9% Major Kitchen Remodel | Midrange
Job Cost:  $79,982
Resale Value:  $39,587
Cost Recouped:  49.5%
$79,982 $39,587 49.5% Bath Remodel | Universal Design
Job Cost:  $40,750
Resale Value:  $20,148
Cost Recouped:  49.4%
$40,750 $20,148 49.4% Roofing Replacement | Metal
Job Cost:  $49,928
Resale Value:  $24,034
Cost Recouped:  48.1%
$49,928 $24,034 48.1% Bath Remodel | Upscale
Job Cost:  $78,840
Resale Value:  $35,591
Cost Recouped:  45.1%
$78,840 $35,591 45.1% Major Kitchen Remodel | Upscale
Job Cost:  $158,530
Resale Value:  $60,176
Cost Recouped:  38.0%
$158,530 $60,176 38.0% Primary Suite Addition | Midrange
Job Cost:  $164,649
Resale Value:  $58,484
Cost Recouped:  35.5%
$164,649 $58,484 35.5% Bathroom Addition | Midrange
Job Cost:  $58,586
Resale Value:  $20,334
Cost Recouped:  34.7%
$58,586 $20,334 34.7% Bathroom Addition | Upscale
Job Cost:  $107,477
Resale Value:  $34,997
Cost Recouped:  32.6%
$107,477 $34,997 32.6% Primary Suite Addition | Upscale
Job Cost:  $339,513
Resale Value:  $81,042
Cost Recouped:  23.9%
$339,513 $81,042 23.9%

 * Key Trends in the 2024 Cost vs. Value Report |
 * Methodology |
 * What the Numbers Mean |
 * Re-Use and Licensing Guidelines

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2020 Digital Edition

Reemerging from a Post-COVID-19 World

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