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Renovations That Pay

For sellers considering a presale renovation, these projects typically provide the best value, according to the National Association of REALTORS 2019 Remodeling Impact Report.

NEW HARDWOOD FLOORING

  • Average cost: $4700
  • Estimated cost recovery: $5000
  • Value recovered from project: 106%

HARDWOOD FLOORING REFINISH

  • Average cost: $2600
  • Estimated cost recovery: $2600
  • Value recovered from project: 100%

NEW ROOFING

  • Average cost: $7500
  • Estimated cost recovery: $8000
  • Value recovered from project: 107%

NEW GARAGE DOOR

  • Average cost: $2100
  • Estimated cost recovery: $2000
  • Value recovered from project: 95%

HVAC REPLACEMENT

  • Average cost: $8200
  • Estimated cost recovery: $7000
  • Value recovered from project: 85%

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