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2023 Cost vs Value Report

This site compares average costs for 23 remodeling projects with the value those projects retain at resale in 150 U.S. markets.
Step 2: Regional Middle Atlantic
Step 3: City

Regional Data - Middle Atlantic

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Middle Atlantic  2023 National Averages

Project
Job Cost
Resale Value
Cost Recouped
Garage Door Replacement
Job Cost:  $4,724   $4,302
Resale Value:  $4,901   $4,418
Cost Recouped:  103.7%   102.7%
$4,724   $4,302 $4,901   $4,418 103.7%   102.7%
Manufactured Stone Veneer
Job Cost:  $11,807   $10,925
Resale Value:  $12,137   $11,177
Cost Recouped:  102.8%   102.3%
$11,807   $10,925 $12,137   $11,177 102.8%   102.3%
Siding Replacement | Vinyl
Job Cost:  $18,699   $16,348
Resale Value:  $18,366   $15,485
Cost Recouped:  98.2%   94.7%
$18,699   $16,348 $18,366   $15,485 98.2%   94.7%
HVAC Conversion | Electrification
Job Cost:  $18,379   $17,747
Resale Value:  $17,463   $18,366
Cost Recouped:  95.0%   103.5%
$18,379   $17,747 $17,463   $18,366 95.0%   103.5%
Minor Kitchen Remodel | Midrange
Job Cost:  $27,966   $26,790
Resale Value:  $20,929   $22,963
Cost Recouped:  74.8%   85.7%
$27,966   $26,790 $20,929   $22,963 74.8%   85.7%
Siding Replacement | Fiber-Cement
Job Cost:  $21,238   $19,361
Resale Value:  $15,589   $17,129
Cost Recouped:  73.4%   88.5%
$21,238   $19,361 $15,589   $17,129 73.4%   88.5%
Window Replacement | Vinyl
Job Cost:  $21,772   $20,091
Resale Value:  $14,325   $13,766
Cost Recouped:  65.8%   68.5%
$21,772   $20,091 $14,325   $13,766 65.8%   68.5%
Bath Remodel | Midrange
Job Cost:  $25,468   $24,606
Resale Value:  $14,746   $16,413
Cost Recouped:  57.9%   66.7%
$25,468   $24,606 $14,746   $16,413 57.9%   66.7%
Window Replacement | Wood
Job Cost:  $25,679   $24,376
Resale Value:  $14,485   $14,912
Cost Recouped:  56.4%   61.2%
$25,679   $24,376 $14,485   $14,912 56.4%   61.2%
Roofing Replacement | Asphalt Shingles
Job Cost:  $34,130   $29,136
Resale Value:  $17,982   $17,807
Cost Recouped:  52.7%   61.1%
$34,130   $29,136 $17,982   $17,807 52.7%   61.1%
Grand Entrance | Fiberglass
Job Cost:  $11,250   $10,823
Resale Value:  $5,786   $5,457
Cost Recouped:  51.4%   50.4%
$11,250   $10,823 $5,786   $5,457 51.4%   50.4%
Entry Door Replacement | Steel
Job Cost:  $4,386   $2,214
Resale Value:  $1,941   $2,235
Cost Recouped:  44.3%   100.9%
$4,386   $2,214 $1,941   $2,235 44.3%   100.9%
Deck Addition | Wood
Job Cost:  $20,134   $17,051
Resale Value:  $8,806   $8,553
Cost Recouped:  43.7%   50.2%
$20,134   $17,051 $8,806   $8,553 43.7%   50.2%
Deck Addition | Composite
Job Cost:  $25,379   $23,430
Resale Value:  $11,003   $9,325
Cost Recouped:  43.4%   39.8%
$25,379   $23,430 $11,003   $9,325 43.4%   39.8%
Bath Remodel | Universal Design
Job Cost:  $41,470   $39,710
Resale Value:  $17,551   $18,270
Cost Recouped:  42.3%   46.0%
$41,470   $39,710 $17,551   $18,270 42.3%   46.0%
Roofing Replacement | Metal
Job Cost:  $55,370   $47,414
Resale Value:  $23,171   $23,163
Cost Recouped:  41.8%   48.9%
$55,370   $47,414 $23,171   $23,163 41.8%   48.9%
Major Kitchen Remodel | Midrange
Job Cost:  $80,695   $77,939
Resale Value:  $30,984   $32,574
Cost Recouped:  38.4%   41.8%
$80,695   $77,939 $30,984   $32,574 38.4%   41.8%
Bath Remodel | Upscale
Job Cost:  $78,935   $76,827
Resale Value:  $24,971   $28,203
Cost Recouped:  31.6%   36.7%
$78,935   $76,827 $24,971   $28,203 31.6%   36.7%
Major Kitchen Remodel | Upscale
Job Cost:  $164,263   $154,483
Resale Value:  $49,106   $48,913
Cost Recouped:  29.9%   31.7%
$164,263   $154,483 $49,106   $48,913 29.9%   31.7%
Primary Suite Addition | Midrange
Job Cost:  $167,489   $157,855
Resale Value:  $44,410   $47,343
Cost Recouped:  26.5%   30.0%
$167,489   $157,855 $44,410   $47,343 26.5%   30.0%
Bathroom Addition | Midrange
Job Cost:  $59,544   $57,090
Resale Value:  $15,195   $17,237
Cost Recouped:  25.5%   30.2%
$59,544   $57,090 $15,195   $17,237 25.5%   30.2%
Bathroom Addition | Upscale
Job Cost:  $109,300   $104,733
Resale Value:  $25,766   $27,830
Cost Recouped:  23.6%   26.6%
$109,300   $104,733 $25,766   $27,830 23.6%   26.6%
Primary Suite Addition | Upscale
Job Cost:  $346,384   $325,504
Resale Value:  $69,199   $73,875
Cost Recouped:  20.0%   22.7%
$346,384   $325,504 $69,199   $73,875 20.0%   22.7%
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