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Calcimator

Renovation ROI by Project Calculator

Expected value recoup by project type.

Inputs

Results

Cost recoup (%)

81%

Value added to home ($)$24,300.00
Net cost after recoup ($)$5,700.00
New home value ($)$374,300.00
Home value increase (%)6.9%
Improvement ratio (%)8.6%
National avg recoup (%)81%
Project NameMinor Kitchen Remodel
How to Use This Calculator
  1. Enter the project cost and select project type from the list of common renovation projects.
  2. Enter your current home value and select market condition (buyer's, neutral, or seller's market).
  3. Select neighborhood level (entry-level, mid-range, or luxury) to calibrate value-add assumptions.
  4. Review recoup percentage, dollar value added, and net cost after resale benefit.
  5. Compare multiple projects to prioritize renovations with the strongest return on investment.

What each input means

Project cost ($)
Total cost of the renovation project.
Project type (0-9)
0=Minor kitchen, 1=Major kitchen, 2=Bathroom, 3=Basement, 4=Deck, 5=Windows, 6=Siding, 7=Roof, 8=Garage door, 9=Entry door.
Current home value ($)
Current estimated market value of your home.
Market condition (0-2)
0 = Buyer's market (cold), 1 = Balanced, 2 = Seller's market (hot).
Neighborhood level (0-2)
0 = Below median, 1 = Median, 2 = Above median. Over-improving for neighborhood reduces ROI.

What each result means

Cost recoup (%)
Percentage of project cost expected to be recouped at resale.
Value added to home ($)
Dollar amount added to home value.
Net cost after recoup ($)
Out-of-pocket cost that won't be recouped (negative = profit).
New home value ($)
Estimated home value after renovation.
Home value increase (%)
Percentage increase in home value from this project.
Improvement ratio (%)
Project cost as % of home value. Over 15% risks diminishing returns.
National avg recoup (%)
Baseline national average recoup rate before adjustments.

How this is calculated

Worked example, using the default values

  1. Identify Input Parameters
    4 parameters
    Project cost ($) = 30000, Project type (0-9) = 0, Current home value ($) = 350000, Market condition (0-2) = 1 = 5 input(s) provided
  2. Calculate Cost recoup
    Cost recoup = min(200, adjustedRecoupPct)
    81 = 81%
  3. Calculate Value added to home
    Value added to home = projectCost * (cappedRecoupPct / 100)
    24300 = $24,300
  4. Calculate Net cost after recoup
    Net cost after recoup = projectCost - valueAdded
    5700 = $5,700

Engine last updated . Checked against 2 independently-derived tests how we verify calculators.

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