Home Improvement
Recouping Your Home Improvement Investment
The payback value of home improvements vary due to a number of factors, including current real estate conditions, prevailing property values and housing fads. Here is an estimate of payback values associated with the most common home improvement projects.
|
Remodeling Activities |
Cost |
Average Payback |
|
Add a new heating or air conditioning system |
$2,000 to $4,500 |
100% for heating; 75% for air conditioning |
|
(Minor) kitchen remodeling |
$2,000 to $8,500 |
94% to 102% |
|
(Major) kitchen remodeling |
$9,000 to $25,000 |
90% |
|
Bathroom additions |
$5,000 to $12,000 |
92% |
|
Family room additions |
$30,000 |
86% |
|
Bathroom remodeling |
$8,500 |
77% |
|
Fireplace addition |
$1,500 to $3,000 |
75% |
|
Deck |
$6,000 |
73% |
|
Remodel home office |
$8,000 |
69% |
|
Window replacement
|
$6,000 |
68% to 74% |
|
Pool |
$10,000 and up |
44% |
|
Landscaping |
$1,500 to $15,000 |
30% to 60% |
|
Basement renovation |
$3,000 to $7,000 |
15% |
Home |
|
