2023 Cost vs. Value of Home Improvements

 

2023 Cost vs Value Report

This site compares average costs for 23 remodeling projects with the value those projects retain at resale in 150 U.S. markets.
Step 2: Regional South Atlantic
Step 3: City

Regional Data – South Atlantic (Virginia to Florida)

South Atlantic  2023 National Averages
 
Project
Job Cost
Resale Value
Cost Recouped
Manufactured Stone Veneer $10,377   $10,925 $11,300   $11,177 108.9%   102.3%
Garage Door Replacement $4,567   $4,302 $4,524   $4,418 99.1%   102.7%
Siding Replacement | Vinyl $14,893   $16,348 $14,667   $15,485 98.5%   94.7%
Siding Replacement | Fiber-Cement $17,810   $19,361 $17,107   $17,129 96.1%   88.5%
HVAC Conversion | Electrification $18,040   $17,747 $15,647   $18,366 86.7%   103.5%
Minor Kitchen Remodel | Midrange $27,279   $26,790 $21,580   $22,963 79.1%   85.7%
Window Replacement | Vinyl $19,966   $20,091 $14,362   $13,766 71.9%   68.5%
Bath Remodel | Midrange $24,952   $24,606 $16,041   $16,413 64.3%   66.7%
Roofing Replacement | Asphalt Shingles $29,170   $29,136 $18,711   $17,807 64.1%   61.1%
Window Replacement | Wood $24,223   $24,376 $14,682   $14,912 60.6%   61.2%
Grand Entrance | Fiberglass $11,006   $10,823 $5,911   $5,457 53.7%   50.4%
Entry Door Replacement | Steel $3,811   $2,214 $2,007   $2,235 52.7%   100.9%
Roofing Replacement | Metal $47,068   $47,414 $23,988   $23,163 51.0%   48.9%
Deck Addition | Wood $17,456   $17,051 $8,106   $8,553 46.4%   50.2%
Bath Remodel | Universal Design $40,183   $39,710 $17,851   $18,270 44.4%   46.0%
Major Kitchen Remodel | Midrange $77,987   $77,939 $31,212   $32,574 40.0%   41.8%
Deck Addition | Composite $24,591   $23,430 $9,510   $9,325 38.7%   39.8%
Bath Remodel | Upscale $77,567   $76,827 $27,011   $28,203 34.8%   36.7%
Major Kitchen Remodel | Upscale $155,709   $154,483 $47,316   $48,913 30.4%   31.7%
Master Suite Addition | Midrange $158,106   $157,855 $45,460   $47,343 28.8%   30.0%
Bathroom Addition | Midrange $57,703   $57,090 $15,947   $17,237 27.6%   30.2%
Bathroom Addition | Upscale $104,762   $104,733 $25,072   $27,830 23.9%   26.6%
Master Suite Addition | Upscale $322,592   $325,504 $67,289   $73,875 20.9%   22.7%