Remodeling's annual Cost vs. Value report compares average costs for 35 popular remodeling projects with the value those projects retain at resale in 101 U.S. cities. The "mid-range" projects category consists of 22 projects, while the "upscale" projects category consists of 13.
We've broken down the mid-range project category to designate the top 5 cost-effective home improvement projects, and the average cost of each. These projects will give you the most bang for your buck at resale:
- Entry Door Replacement (Steel)
- Return: 96.6% - Average cost: $1,162
- Deck Addition (Wood)
- Return: 87.4% - Average cost: $9,539
- Attic Bedroom
- Return: 84.3% - Average cost: $49,438
- Garage Door Replacement
- Return: 83.7% - Average cost: $1,534
- Minor Kitchen Remodel
- Return: 82.7% - Average cost: $18,856
Check out each project's breakdown to see how the cost and value have changed over the years, and to see interactive examples. Our chart below displays how the top 5 projects in the mid-range index have varied over the past four years.
SOURCE: Remodeling's 2014 Cost vs. Value Report