Average Return on Improvements and Renovations


Nationally, here are the 10 projects with the greatest ROI, according to the 2020 Cost vs. Value Report:






Manufactured Stone Veneer (95.6% ROI)



  • Average Cost: $9,357

  • Average Resale Value: $8,943



Garage Door Replacement (94.5% ROI)



  • Average Cost: $3,695

  • Average Resale Value: $3,491



Minor Kitchen Remodel (Midrange) (77.6% ROI)



  • Average Cost: $23,452

  • Average Resale Value: $18,206



Siding Replacement (Fiber-Cement) (77.6% ROI)



  • Average Cost: $17,008

  • Average Resale Value: $13,195



Siding Replacement (Vinyl) (74.7% ROI)



  • Average Cost: $14,359

  • Average Resale Value: $10,731



Window Replacement (Vinyl) (72.3% ROI)



  • Average Cost: $17,641

  • Average Resale Value: $12,761



Deck Addition (Wood) (72.1% ROI)



  • Average Cost: $14,360

  • Average Resale Value: $10,355



Window Replacement (Wood) (68.9% ROI)



  • Average Cost: $21,495

  • Average Resale Value: $14,804



Entry Door Replacement (Steel) (68.8% ROI)



  • Average Cost: $1,881

  • Average Resale Value: $1,294



Deck Addition (Composite) (66.8% ROI)



  • Average Cost: $19,856

  • Average Resale Value: $13,257



Nationally—and on the other end of the spectrum—here are the 10 projects with the lowest ROI:



Master Suite Addition (Upscale) (51.6% ROI)



  • Average Cost: $282,062

  • Average Resale Value: $145,486



Grand Entrance (Fiberglass) (53.3% ROI)



  • Average Cost: $9,254

  • Average Resale Value: $4,930



Major Kitchen Remodel (Upscale) (53.9% ROI)



  • Average Cost: $135,547

  • Average Resale Value: $72,993



Bathroom Addition (Midrange) (54% ROI)



  • Average Cost: $49,598

  • Average Resale Value: $26,807



Bathroom Addition (Upscale) (54.7% ROI)



  • Average Cost: $91,287

  • Average Resale Value: $49,961



Bath Remodel (Upscale) (56.6% ROI)



  • Average Cost: $67,106

  • Average Resale Value: $37,995



Master Suite Addition (Midrange) (58.5% ROI)



  • Average Cost: $136,739

  • Average Resale Value: $80,029



Major Kitchen Remodel (Midrange) (58.6% ROI)



  • Average Cost: $68,490

  • Average Resale Value: $40,127



Roofing Replacement (Metal) (61.2% ROI)



  • Average Cost: $40,318

  • Average Resale Value: $24,682



Bathroom Remodel (Universal Design) (62% ROI)



  • Average Cost: $34,643

  • Average Resale Value: $21,463



The 2020 Cost vs. Value Report compared the average costs for 22 popular remodeling projects and how much of that value they retained in 101 different U.S. housing markets.



See Additional website https://www.remodeling.hw.net/cost-vs-value/2020/

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