7 Home Remodeling Projects with Top Dollar Returns: Interior Edition

Some home remodeling projects have a higher return on your investment than others. The National Association of Realtors (NAR) Remodeling Impact Report tells us which projects are most likely to add value to your home and are most appealing to buyers.

1. Kitchen Upgrade or Complete Kitchen Renovation

• NAR Cost Recovery Estimates for Kitchen Upgrade:

  • Remodeling cost estimate: $38,300

  • Estimated cost recovered: $20,000

  • Percent of value recovered from the project: 52%

• NAR Cost Recovery Estimates for Complete Kitchen Renovation:

  • Remodeling cost estimate: $68,000

  • Estimated cost recovered: $40,000

  • Percent of value recovered from the project: 59%

2. New Master Suite

• NAR Cost Recovery Estimates for New Master Suite:

  • Remodeling cost estimate: $150,000

  • Estimated cost recovered: $75,000

  • Percent of value recovered from the project: 50%

3. New Wood Flooring

• NAR Cost Recovery Estimates for New Wood Flooring:

  • Remodeling cost estimate: $4,700

  • Estimated cost recovered: $5,000

  • Percent of value recovered from the project: 106%

4. Bathroom Renovation

• NAR Cost Recovery Estimates for Bathroom Renovation:

  • Remodeling cost estimate: $35,000

  • Estimated cost recovered: $20,000

  • Percent of value recovered from the project: 57%

5. HVAC Replacement

• NAR Cost Recovery Estimates for HVAC Replacement:

  • Remodeling cost estimate: $8,200

  • Estimated cost recovered: $7,000

  • Percent of value recovered from the project: 85%

6. Basement Conversion to Living Area

• NAR Cost Recovery Estimates for Basement Conversion:

  • Remodeling cost estimate: $46,900

  • Estimated cost recovered: $30,000

  • Percent of value recovered from the project: 64%

7. Insulation Upgrades

• NAR Cost Recovery Estimates for Insulation Upgrades:

  • Remodeling cost estimate: $2,400

  • Estimated cost recovered: $2,000

  • Percent of value recovered from the project: 83%

Venture Philly Group

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604 S Washington Square, Philadelphia, PA

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