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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 West North Central
Step 3: City

Regional Data - West North Central

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West North Central  2023 National Averages

Project
Job Cost
Resale Value
Cost Recouped
HVAC Conversion | Electrification
Job Cost:  $17,755   $17,747
Resale Value:  $16,629   $18,366
Cost Recouped:  93.7%   103.5%
$17,755   $17,747 $16,629   $18,366 93.7%   103.5%
Siding Replacement | Vinyl
Job Cost:  $16,580   $16,348
Resale Value:  $14,940   $15,485
Cost Recouped:  90.1%   94.7%
$16,580   $16,348 $14,940   $15,485 90.1%   94.7%
Manufactured Stone Veneer
Job Cost:  $11,057   $10,925
Resale Value:  $9,926   $11,177
Cost Recouped:  89.8%   102.3%
$11,057   $10,925 $9,926   $11,177 89.8%   102.3%
Minor Kitchen Remodel | Midrange
Job Cost:  $27,192   $26,790
Resale Value:  $22,711   $22,963
Cost Recouped:  83.5%   85.7%
$27,192   $26,790 $22,711   $22,963 83.5%   85.7%
Garage Door Replacement
Job Cost:  $4,571   $4,302
Resale Value:  $3,562   $4,418
Cost Recouped:  77.9%   102.7%
$4,571   $4,302 $3,562   $4,418 77.9%   102.7%
Siding Replacement | Fiber-Cement
Job Cost:  $19,277   $19,361
Resale Value:  $14,418   $17,129
Cost Recouped:  74.8%   88.5%
$19,277   $19,361 $14,418   $17,129 74.8%   88.5%
Window Replacement | Vinyl
Job Cost:  $20,305   $20,091
Resale Value:  $14,283   $13,766
Cost Recouped:  70.3%   68.5%
$20,305   $20,091 $14,283   $13,766 70.3%   68.5%
Window Replacement | Wood
Job Cost:  $24,495   $24,376
Resale Value:  $15,208   $14,912
Cost Recouped:  62.1%   61.2%
$24,495   $24,376 $15,208   $14,912 62.1%   61.2%
Bath Remodel | Midrange
Job Cost:  $25,102   $24,606
Resale Value:  $14,727   $16,413
Cost Recouped:  58.7%   66.7%
$25,102   $24,606 $14,727   $16,413 58.7%   66.7%
Roofing Replacement | Asphalt Shingles
Job Cost:  $28,922   $29,136
Resale Value:  $14,599   $17,807
Cost Recouped:  50.5%   61.1%
$28,922   $29,136 $14,599   $17,807 50.5%   61.1%
Deck Addition | Wood
Job Cost:  $16,986   $17,051
Resale Value:  $8,157   $8,553
Cost Recouped:  48.0%   50.2%
$16,986   $17,051 $8,157   $8,553 48.0%   50.2%
Roofing Replacement | Metal
Job Cost:  $47,689   $47,414
Resale Value:  $20,147   $23,163
Cost Recouped:  42.2%   48.9%
$47,689   $47,414 $20,147   $23,163 42.2%   48.9%
Bath Remodel | Universal Design
Job Cost:  $40,458   $39,710
Resale Value:  $16,627   $18,270
Cost Recouped:  41.1%   46.0%
$40,458   $39,710 $16,627   $18,270 41.1%   46.0%
Major Kitchen Remodel | Midrange
Job Cost:  $78,328   $77,939
Resale Value:  $31,559   $32,574
Cost Recouped:  40.3%   41.8%
$78,328   $77,939 $31,559   $32,574 40.3%   41.8%
Grand Entrance | Fiberglass
Job Cost:  $10,782   $10,823
Resale Value:  $4,261   $5,457
Cost Recouped:  39.5%   50.4%
$10,782   $10,823 $4,261   $5,457 39.5%   50.4%
Deck Addition | Composite
Job Cost:  $24,760   $23,430
Resale Value:  $9,407   $9,325
Cost Recouped:  38.0%   39.8%
$24,760   $23,430 $9,407   $9,325 38.0%   39.8%
Entry Door Replacement | Steel
Job Cost:  $3,945   $2,214
Resale Value:  $1,451   $2,235
Cost Recouped:  36.8%   100.9%
$3,945   $2,214 $1,451   $2,235 36.8%   100.9%
Bath Remodel | Upscale
Job Cost:  $78,074   $76,827
Resale Value:  $24,424   $28,203
Cost Recouped:  31.3%   36.7%
$78,074   $76,827 $24,424   $28,203 31.3%   36.7%
Major Kitchen Remodel | Upscale
Job Cost:  $155,014   $154,483
Resale Value:  $46,588   $48,913
Cost Recouped:  30.1%   31.7%
$155,014   $154,483 $46,588   $48,913 30.1%   31.7%
Bathroom Addition | Midrange
Job Cost:  $58,189   $57,090
Resale Value:  $16,063   $17,237
Cost Recouped:  27.6%   30.2%
$58,189   $57,090 $16,063   $17,237 27.6%   30.2%
Primary Suite Addition | Midrange
Job Cost:  $160,275   $157,855
Resale Value:  $42,240   $47,343
Cost Recouped:  26.4%   30.0%
$160,275   $157,855 $42,240   $47,343 26.4%   30.0%
Bathroom Addition | Upscale
Job Cost:  $106,521   $104,733
Resale Value:  $24,491   $27,830
Cost Recouped:  23.0%   26.6%
$106,521   $104,733 $24,491   $27,830 23.0%   26.6%
Primary Suite Addition | Upscale
Job Cost:  $330,246   $325,504
Resale Value:  $65,989   $73,875
Cost Recouped:  20.0%   22.7%
$330,246   $325,504 $65,989   $73,875 20.0%   22.7%
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