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2014 Cost vs Value Report

This site compares average cost for 30 popular remodeling projects with the value those projects retain at resale in 100 U.S. markets. Check out this year's trends and how they compare to prior years. Editor's Note: Please see here for an important update.
Step 1: National
Step 2: Regional East North Central
Step 3: City Detroit,MI

Regional City Data - Detroit, Michigan

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Detroit, Michigan
City data for 23 projects, including:
City Job Costs
City Resale Value
City Cost Recouped
City/Region Comparison
City/National Comparison

Detroit, Michigan  2014 East North Central Averages

Project
Job Cost
Resale Value
Cost Recouped
 Change vs 2013
Attic Bedroom
Job Cost:  $53,647   $50,052
Resale Value:  $45,086   $40,783
Cost Recouped:  84.0%   81.0%
$53,647   $50,052 $45,086   $40,783 84.0%   81.0%
Minor Kitchen Remodel | Midrange
Job Cost:  $20,117   $19,052
Resale Value:  $14,587   $14,398
Cost Recouped:  72.5%   76.0%
$20,117   $19,052 $14,587   $14,398 72.5%   76.0%
Entry Door Replacement | Steel
Job Cost:  $1,222   $1,167
Resale Value:  $822   $963
Cost Recouped:  67.2%   82.5%
$1,222   $1,167 $822   $963 67.2%   82.5%
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