| Renovation | Average Cost | Resale Recovery |
| Paint | $700 | 200% plus |
| Add a Bathroom | $10,000 | 96% |
| Add a Fireplace | $4,000 | 94% |
| Kitchen Renovation (minor) | $8,500 | 79% |
| Kitchen Renovation (major) | $24,000 | 70% |
| Bathroom Renovation | $7,500 | 69% |
| Add a Skylight | $4,000 | 68% |
| New Siding | $7,500 | 67% |
| Add Insulation | $1,750 | 65% |
| Addition | $35,000 | 62% |
| New Roof | $4,600 | 61% |
| Deck | $6,000 | 60% |
| Greenhouse Addition | $17,000 | 56% |
| Replace Windows /Doors | $12,000 | 55% |
| Add a Swimming Pool | $24,000 | 39% |
| Source: National Association of the Remodeling Industry | ||
Thursday, April 9, 2009
Average ROI for Renovation Projects
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