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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