Remodeling your home can make it more comfortable, more functional, and—if done right—more valuable when it’s time to sell. But not every upgrade is created equal. Some renovations deliver an impressive return on investment (ROI), while others may cost more than they’re worth in resale value.
Here’s a room-by-room guide to average remodeling costs and the ROI you might expect so you can invest your renovation dollars wisely.
Kitchen Remodel
Average Cost:
- Minor updates: $15,000–$30,000
- Major overhaul: $40,000–$80,000+
Average ROI:
- Minor updates: 70–80%
- Major overhaul: 50–60%
Why it matters:
Kitchens are the heart of the home—and often the top priority for buyers. Minor remodels (think resurfaced cabinets, modern countertops, and new appliances) typically bring the best return. Major luxury upgrades may boost appeal, but they usually offer a lower percentage back on your investment.
Bathroom Remodel
Average Cost:
- Partial update: $10,000–$20,000
- Full remodel: $20,000–$40,000+
Average ROI: 60–70%
Why it matters:
Bathrooms are a close second to kitchens in terms of buyer influence. Even modest upgrades—fresh tile, new vanities, modern fixtures—can make a huge difference. Adding an extra bathroom can be a big value booster in homes with only one.
Primary Bedroom Remodel
Average Cost: $20,000–$40,000 (including walk-in closet or luxury finishes)
Average ROI: 40–60%
Why it matters:
A primary suite upgrade is more about comfort than necessity, which often means lower ROI. Still, thoughtful touches like improved lighting, upgraded flooring, or built-in storage can add appeal for potential buyers.
Living Room / Family Room
Average Cost:
- Basic update: $5,000–$15,000
- Major remodel: $20,000–$30,000+
Average ROI: 40–60%
Why it matters:
Living rooms typically don’t need costly overhauls. A fresh coat of paint, new floors, and updated lighting can transform the space. Removing dated elements—like old carpet or popcorn ceilings—often brings a stronger return than a full redesign.
Home Office
Average Cost: $5,000–$15,000
Average ROI: 50–60%
Why it matters:
With remote work here to stay, a functional home office is a big selling point. Built-in storage, natural light, and soundproofing can make the space more attractive and useful for buyers.
Basement Remodel
Average Cost: $20,000–$50,000+
Average ROI: 60–75%
Why it matters:
Finishing a basement adds livable square footage, which often increases home value. Popular uses include guest suites, gyms, or entertainment areas. Just ensure it meets building codes for safety and comfort.
Garage Conversion
Average Cost: $15,000–$40,000
Average ROI: 50–60%
Why it matters:
Converting a garage to living space can be a double-edged sword. While it boosts usable space, many buyers still value a functional garage for storage or parking. Always consider your neighborhood’s buyer preferences before committing.
Smart Remodeling = Smart Selling
If resale value is your goal, focus on updates that buyers care about most—usually kitchens and bathrooms. Often, smaller cosmetic improvements bring better returns than full-scale luxury remodels.
Choose timeless designs, prioritize function, and don’t over-improve beyond what’s typical for your area. When in doubt, talk to a local real estate agent or contractor to pinpoint the projects with the best payoff for your market.
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