Upgrading your home is always appealing, but which enhancements really get you a good return for your money when it’s time to sell? The 2003 Cost vs. Value Report by Remodeling magazine and REALTOR Magazine has the answer.
To see the complete article, visit Remodeling.
| PROJECT |
JOB COST |
RESALE VALUE |
COST RECOUPED |
CHANGE VS 2019 |
| Manufactured Stone Veneer |
$9,357 |
$8,943 |
95.6% |
|
| Garage Door Replacement |
$3,695 |
$3,491 |
94.5% |
|
| Minor Kitchen Remodel | Midrange |
$23,452 |
$18,206 |
77.6% |
|
| Siding Replacement | Fiber-Cement |
$17,008 |
$13,195 |
77.6% |
– |
| Siding Replacement | Vinyl |
$14,359 |
$10,731 |
74.7% |
– |
| Window Replacement | Vinyl |
$17,641 |
$12,761 |
72.3% |
|
| Deck Addition | Wood |
$14,360 |
$10,355 |
72.1% |
|
| Window Replacement | Wood |
$21,495 |
$14,804 |
68.9% |
|
| Entry Door Replacement | Steel |
$1,881 |
$1,294 |
68.8% |
|
| Deck Addition | Composite |
$19,856 |
$13,257 |
66.8% |
|
| Roofing Replacement | Asphalt Shingles |
$24,700 |
$16,287 |
65.9% |
|
| Bath Remodel | Midrange |
$21,377 |
$13,688 |
64.0% |
|
| Bath Remodel | Universal Design |
$34,643 |
$21,463 |
62.0% |
|
| Roofing Replacement | Metal |
$40,318 |
$24,682 |
61.2% |
|
| Major Kitchen Remodel | Midrange |
$68,490 |
$40,127 |
58.6% |
|
| Master Suite Addition | Midrange |
$136,739 |
$80,029 |
58.5% |
|
| Bath Remodel | Upscale |
$67,106 |
$37,995 |
56.6% |
|
| Bathroom Addition | Upscale |
$91,287 |
$49,961 |
54.7% |
|
| Bathroom Addition | Midrange |
$49,598 |
$26,807 |
54.0% |
|
| Major Kitchen Remodel | Upscale |
$135,547 |
$72,993 |
53.9% |
|
| Grand Entrance | Fiberglass |
$9,254 |
$4,930 |
53.3% |
|
| Master Suite Addition | Upscale |
$282,062 |
$145,486 |
51.6% |
|
| 2020 NATIONAL AVERAGES |
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