2013 Costs vs. Value Report
Some home improvements are better than others when it comes to resale value. The next time you find yourself trying to decide whether or not a new kitchen or new exterior siding should come first on the the makeover list you may want to consider the payback on your investment.  Homeowners across the country are improving their homes while increasing their home's value. Take a look at the newest home improvement resale benefits.
2013 National Averages
Project |
Job Cost |
Resale Value |
Cost Recouped |
Change vs. 2011-12 |
Attic Bedroom |
$47,919 |
$34,916 |
72.9% |
 |
Backup Power Generator |
$11,410 |
$6,014 |
52.7% |
 |
Basement Remodel |
$61,303 |
$43,095 |
70.3% |
 |
Bathroom Addition |
$37,501 |
$20,569 |
54.8% |
 |
Bathroom Remodel |
$15,782 |
$10,295 |
65.2% |
 |
Deck Addition (composite) |
$15,084 |
$10,184 |
67.5% |
 |
Deck Addition (wood) |
$9,327 |
$7,213 |
77.3% |
 |
Entry Door Replacement (fiberglass) |
$2,753 |
$1,813 |
65.9% |
 |
Entry Door Replacement (steel) |
$1,137 |
$974 |
85.6% |
 |
Family Room Addition |
$79,006 |
$50,013 |
63.3% |
 |
Garage Addition |
$48,806 |
$31,091 |
63.7% |
 |
Garage Door Replacement |
$1,496 |
$1,132 |
75.7% |
 |
Home Office Remodel |
$27,292 |
$11,911 |
43.6% |
 |
Major Kitchen Remodel |
$53,931 |
$37,139 |
68.9% |
 |
Master Suite Addition |
$101,873 |
$64,390 |
63.2% |
 |
Minor Kitchen Remodel |
$18,527 |
$13,977 |
75.4% |
 |
Roofing Replacement |
$18,488 |
$11,633 |
62.9% |
 |
Siding Replacement (vinyl) |
$11,192 |
$8,154 |
72.9% |
 |
Sunroom Addition |
$72,179 |
$33,529 |
46.5% |
 |
Two-Story Addition |
$152,470 |
$99,674 |
65.4% |
 |
Window Replacement (vinyl) |
$9,770 |
$6,961 |
71.2% |
 |
Window Replacement (wood) |
$10,708 |
$7,852 |
73.3% |
 |
Project |
Job Cost |
Resale Value |
Cost Recouped |
Change vs. 2011-12 |
Bathroom Addition |
$70,969 |
$39,730 |
56.0% |
 |
Bathroom Remodel |
$50,007 |
$29,162 |
58.3% |
 |
Deck Addition (composite) |
$34,403 |
$20,532 |
59.7% |
 |
Garage Addition |
$80,511 |
$44,034 |
54.7% |
 |
Garage Door Replacement |
$2,720 |
$2,046 |
75.2% |
 |
Grand Entrance (fiberglass) |
$7,088 |
$4,528 |
63.9% |
 |
Major Kitchen Remodel |
$107,406 |
$64,113 |
59.7% |
 |
Master Suite Addition |
$220,086 |
$114,569 |
52.1% |
 |
Roofing Replacement |
$33,880 |
$19,194 |
56.7% |
 |
Siding Replacement (fiber-cement) |
$13,083 |
$10,379 |
79.3% |
 |
Siding Replacement (foam-backed vinyl) |
$13,818 |
$9,926 |
71.8% |
 |
Window Replacement (vinyl) |
$13,055 |
$9,295 |
71.2% |
 |
Window Replacement (wood) |
$16,361 |
$11,194 |
68.4% |
 |
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