2020 Cost vs. Value Remodeling Report

It compares construction cost estimates for each project with the likely resale value. To get those resale estimates, the researchers surveyed real estate agents in 136 U.S. real estate markets, asking them these projects’ value when a remodeled home is sold.

11. Bath remodel (midrange)

Average cost: $21,377
Return on investment: 64%

This project, updating a 5-by-7-foot bathroom, involves installing ceramic tile on the floor, new wallpaper, new toilet and a new tub-shower with a ceramic tile surround. Also included are a new medicine cabinet and light and a solid surface vanity with a built-in sink.

 Roofing replacement (metal)

Average cost: $40,318
Return on investment: 61.2%

This project includes putting an ice-barrier membrane and a high-grade synthetic underlayment under the new 3,000-square-foot roof.

Major kitchen remodel (midrange)

Average cost: $68,490
Return on investment: 58.6%

From the day homeowners buy an older property with an outdated kitchen, many dream of remodeling the space, the most-used and favorite gathering place in many homes. Sinking nearly $70,000 into a midpriced kitchen project may be a life upgrade that repays you in happiness,

 Master suite addition (midrange)

Average cost: $136,739
Return on investment: 58.5%

Adding a new 24-by-16-foot master suite is a dream project. The all-new construction, the privacy of having an ensuite bathroom just off the master bedroom and the pleasure of expanding a home’s living space all count when considering this job.

 Grand entrance (fiberglass)

Average cost: $9,254Return on investment: 53.3%

Home upgrades that add to curb appeal often can be a good idea. But this relatively inexpensive project can be one of the worst investments to make in a home, the research found.