Renovation ROI by Project Calculator
Expected value recoup by project type.
Inputs
Results
Cost recoup (%)
81%
How to Use This Calculator
- Enter the project cost and select project type from the list of common renovation projects.
- Enter your current home value and select market condition (buyer's, neutral, or seller's market).
- Select neighborhood level (entry-level, mid-range, or luxury) to calibrate value-add assumptions.
- Review recoup percentage, dollar value added, and net cost after resale benefit.
- 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 ($)
- Estimated home value after renovation.
- Home value increase (%)
- Percentage increase in home value from this project.
- Improvement ratio (%)
- Project cost as % of home value. Over 15% risks diminishing returns.
- National avg recoup (%)
- Baseline national average recoup rate before adjustments.
How this is calculated
Worked example, using the default values
- Identify Input Parameters4 parametersProject cost ($) = 30000, Project type (0-9) = 0, Current home value ($) = 350000, Market condition (0-2) = 1 = 5 input(s) provided
- Calculate Cost recoupCost recoup = min(200, adjustedRecoupPct)81 = 81%
- Calculate Value added to homeValue added to home = projectCost * (cappedRecoupPct / 100)24300 = $24,300
- Calculate Net cost after recoupNet cost after recoup = projectCost - valueAdded5700 = $5,700
Engine last updated . Checked against 2 independently-derived tests — how we verify calculators.
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