Thinking about remodeling? The Cost vs. Value Report compares the average cost of 30 popular renovations with their resale value across 100 U.S. markets, helping you make informed decisions. Stay ahead of the trends and see how this year’s numbers compare to previous years.
Go to the Remodeling 2024 Cost vs. Value Report website to download the full report
According to the Remodeling 2024 Cost vs. Value Report (JLC Online), here’s how kitchen and bathroom remodeling projects stack up in terms of cost and resale value in our local market.
Bathrooms
Mid-Range Bathroom Remodel
Expected Job Cost - $25,251.00
Expected Resale Value - $17,234.00
Expected Return on Investment - 68.3%
Upscale Bathroom Remodel
Expected Job Cost - $78,840.00
Expected Resale Value - $31,169.00
Expected Return on Investment - 39.5%
Kitchens
Mid-Range Major Kitchen Remodel
Expected Job Cost - $79,982.00
Expected Resale Value - $39,522.00
Expected Return on Investment - 49.4%
Upscale Major Kitchen Remodel
Expected Job Cost - $158,530.00
Expected Resale Value - $54,651.00
Expected Return on Investment - 34.5%