Overview

What remodeling job has the best return on investment? Where should you start when remodeling an older home? New resources are becoming available and even more important during these times. The home remodeling industry has enjoyed even more growth and will reach new heights in the future.

Value of Remodeling Projects

References

NAR Library & Archives has already done the research for you. References (formerly Field Guides) offer links to articles, eBooks, websites, statistics, and more to provide a comprehensive overview of perspectives. EBSCO articles (E) are available only to NAR members and require the member's nar.realtor login.


2019 Remodeling Impact

New Master Suite/Owner’s Suite
•    Percent of value recovered from the project: 50 percent.

Kitchen Upgrade
•    Percent of value recovered from the project: 52 percent.

Bathroom Renovation
•    Percent of value recovered from the project: 70 percent.

New Roofing
•    Percent of value recovered from the project: 107 percent.

Source: 2019 Remodeling Impact (National Association of REALTORS®, 2019)

Remodeling Impact Report: Outdoor Features (National Association of REALTORS®, 2018)

Remodeling Impact: Animals in Homes (National Association of REALTORS®, 2017)

Return on Investment

Average Recouped Value in Home Remodeling Projects

Source: (FIXr, Feb. 7, 2019)

MRA Announces Top Five Exterior Home Renovation Trends For 2020 (PR Newswire US, Nov. 21, 2019) E

6 Home Renovations That Return the Most at Resale (Bankrate, Aug. 29, 2019)

9 Renovation Projects, Ranked by Their Return on Investment (Architectural Digest, May 17, 2019)

The 10 Worst Home Renovations for Your Money (MSN, Apr. 29, 2019)

The Home Renovations That Garner Sellers the Best Return on Investment (The Washington Post, Apr. 17, 2019)

Six Best and Worst Home Improvements for Your Money (The Street, Mar. 11, 2019)

Cost vs. Value: The Home Improvement Projects With the Highest ROI in 2019 (RISMedia, Jan. 22, 2019)

2019 Cost vs Value Report (Remodeling, 2019)

Home Improvement Tips

How to Design a Net-Zero Home (AD Pro, Jul. 7, 2020)

What You Can Do Now to Plan and Manage a Home Renovation Once Conditions Are Right (The Washington Post, May 16, 2020)

18 Renovation Apps to Know for Your Next Project (Curbed, May 20, 2020)

BBB Tip: Home Improvement Scams (Better Business Bureau®, Apr. 13, 2020)

That's So 2018! Outdated Remodeling Advice You Might Be Following (realtor.com®, Feb. 5, 2019)

Designers and Experts Share the Best Home Renovation Tips for Maximum Resale Value (Forbes, Jan. 29, 2019)

Remodeling Tips & Advice (houselogic, 2019)

15 Major Money-Saving Ways to Cut Remodeling Costs (Apartment Therapy, Nov. 8, 2018)

8 Tips for Renovating a Small Space (Curbed, Sep. 21, 2018)

Remodeling Statistics and Trends

2020 U.S. Houzz & Home Study: Renovation Trends (Houzz, Jun. 17, 2020)

The Top 8 Cabinetry Trends for 2020: Rustic Wood vs. Pretty Pastels (realtor.com®, Feb. 20, 2020)

Improving America’s Housing 2019 (Joint Center for Housing Studies of Harvard University, Mar. 12, 2019)

5 Kitchen Trends That Will Be Huge in 2019—and 3 That Are Officially Over (Real Simple, Mar. 4, 2019)

Residential Remodeling Spending Continues to Gradually Grow (National Association of Home Builders, Feb. 19, 2019)

Remodeling Web Sites

Better Homes and Gardens — One of the premier home and family sites on the web which includes a page dedicated to decorating tips and more.

DIY Network — The source for the best do-it-yourself tips for home renovations.

Joint Center for Housing Studies — JCHS website has information and research on housing market, demographic, and social trends.

Move, Inc. — Move, Inc.'s website has information on technology, tips, safety and remodeling tools.

National Association of the Remodeling Industry — Consumers can find remodeling tips, how to find a qualified contractor, frequently asked questions, and much more.

eBooks & Other Resources

eBooks.realtor.org

The following eBooks and digital audiobooks are available to NAR members:

Bathroom Remodeling For Dummies (Kindle, eBook)

Be a Successful Remodeling Contractor (eBook)

The Complete Book of Home Inspection (eBook)

The Complete Idiot’s Guide to Green Building and Remodeling (Kindle, eBook)

Green Remodeling (Kindle, eBook)

How to Increase the Value of your Home (eBook)

Remodeled Homes (eBook)

Trips & Traps When Renovating Your Home (eBook)

Books, Videos, Research Reports & More

The resources below are available for loan through Member Support. Up to three books, tapes, CDs and/or DVDs can be borrowed for 30 days from the Library for a nominal fee of $10. Call Member Support at 800-874-6500 for assistance.

No Regrets Remodeling: How to Create a Comfortable, Healthy Home That Saves Energy (Berkeley, CA: Energy Auditor & Retrofitter, Inc., 2013) TJ163.5.D86 N6

Not So Big Remodeling: Tailoring Your Home for the Way You Really Live (Taunton Press, 2009) TH 4816 Su8

Renovate to Riches (Hoboken, NJ: Wiley, 2004) HF 5438 D88

Improve the Value of Your Home up to $100,000 (Hoboken, NJ: Wiley, 2003) TH 3401 Ir9i

Remodeling Your Home: An Insider's Guide (Washington, DC: Home Builder Press, 1996) TH 4816 N21r


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The inclusion of links on this page does not imply endorsement by the National Association of REALTORS®. NAR makes no representations about whether the content of any external sites which may be linked in this page complies with state or federal laws or regulations or with applicable NAR policies. These links are provided for your convenience only and you rely on them at your own risk.

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