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Top 10 Most Profitable Home Improvement Projects

Aug 08, 2007

Renovating your home while you live in it or prior to selling it can be a profitable venture as long as you undertake the right home improvement projects. Here are 10 renovations that will allow you to recoup most of your investment.

Ranking Project
1 Siding Replacement
2 Window Replacement
3 Minor Kitchen Remodel
4 Bathroom Remodel
5 Two Story Addition
6 Major Kitchen Remodel
7 Attic Bedroom Remodel
8 Basement Remodel
9 Deck Addition
10 Bathroom Addition

Rankings were determined by Remodeling Magazine's 19th annual report, which compares the costs of 25 of the most common home improvement projects with home resale value in 60 different markets throughout the U.S.

1. Siding Replacement

  • Average Job Cost: $9,134
  • Resale Value: $7,963
  • % of Project Cost Recouped: 87.2%

2. Window Replacement

  • Average Job Cost: $11,040
  • Resale Value: $9,416
  • % of Project Cost Recouped: 85.3%

3. Minor Kitchen Remodel

  • Average Job Cost: $17,928
  • Resale Value: $15,278
  • % of Project Cost Recouped: 85.2%

4. Bathroom Remodel

  • Average Job Cost: $12,918
  • Resale Value: $10,970
  • % of Project Cost Recouped: 84.9%

5. Two Story Addition

  • Average Job Cost: $105,297
  • Resale Value: $87,654
  • % of Project Cost Recouped: 83.2%

6. Major Kitchen Remodel

  • Average Job Cost: $54,241
  • Resale Value: $43,603
  • % of Project Cost Recouped: 80.4%

7. Attic Bedroom Remodel

  • Average Job Cost: $44,073
  • Resale Value: $35,228
  • % of Project Cost Recouped: 79.9%

8. Basement Remodel

  • Average Job Cost: $56,724
  • Resale Value: $44,685
  • % of Project Cost Recouped: 78.8%

9. Deck Addition

  • Average Job Cost: $14,728
  • Resale Value: $11,307
  • % of Project Cost Recouped: 76.8%

10. Bathroom Addition

  • Average Job Cost: $28,918
  • Resale Value: $21,607
  • % of Project Cost Recouped: 74.9%

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