FIND A CONTRACTOR BUYER'S GUIDE
BECOME AN INDUSTRY PARTNER
MCAA Logo
MEMBER LOGIN JOIN
NEWS
World of Concrete 2026 Registration Is Open ↗

Hanley Wood releases REMODELING Magazine’s 2014 Annual Cost vs. Value Report

Words: John AbanathyHanley Wood announced the release of REMODELING magazine’s 27th annual Cost vs. Value Report, comparing construction costs with resale value for 35 of the most popular home improvement projects. The 2014 report provides increased coverage to 101 U.S. markets with an addition of 19 cities. The entire report — including interactive infographics — is available at www.costvsvalue.com and at the newly redesigned REMODELING website, www.remodelingmag.com. REMODELING’s website is now mobile optimized so the Cost vs. Value Report can be viewed on tablets and smart phones.

For the second consecutive year, Cost vs. Value data show that the value of remodeling is up for all 35 projects included in the survey. The trend signals an end to the long slide in the cost-value ratio, which began its fall in 2006 and didn’t begin to rebound until 2013. For 2014, the cost-value ratio stands at 66.1%, a jump of 5.5 points over last year and the largest increase since 2005, when the ratio jumped 6.1 points to reach its high of 86.7 percent.

“For the first time in four years, improved resale value of residential housing had more of an influence in the cost-value ratio than did construction costs,” said Sal Alfano, Editorial Director of REMODELING.

In 2014, the top recouping projects were:

Under $5,000: Entry Door Replacement (96.6%); Garage Door Replacement (83.7%); Garage Door Replacement (82.9%) and Fiberglass Entry Door Replacement (70.8%)

$5,000 - $25,000: Wood Deck Addition (87.4%); Fiber-cement Siding Replacement (87.0%); Minor Kitchen Remodel (82.7%); Wood Window Replacement (79.3%); Vinyl Window Replacement (78.7%)

$25,000 - $100,000: Attic Bedroom (84.3%); Basement Remodel (77.6%); Major Kitchen Remodel (74.2%); Garage Addition (69.3%); Family Room (68.8%)

Greater than $100,000: Two-Story Addition (71.8%); Master Suite (67.5%); Major Kitchen Remodel (63.6%); Master Suite (56.0%)

Visit the Cost vs. Value website at www.costvsvalue.com to download side-by-side national, regional, and city data tables.
 0
From Day One to Long-Term Success: Onboarding Strategies for Contractors
January 2026

The construction industry is facing one of its toughest challenges in decades. Companies are struggling to find enough skilled workers while competing to keep the ones they have. At the same time, projects are becoming more complex, deadlines are tighter,

Matt Dibara
Business Management
Read More
Finding the Right PPE for Your Work
January 2026

When it comes to PPE, one thing’s for sure: safety isn’t one size fits all. The work you’re doing, where you’re doing it, and even what time of year it is, can all make a big difference in what gear actually works. Price, comfort, and job performance all

Greg Brown
Safety Library
Read More
Back Injuries: The Real Cost and How to Prevent Them
January 2026

The mention of back injuries makes mason contractors cringe, and for good reason. Masons lift heavy objects every day, all day long. When a person sustains a back injury, it is serious. It affects every part of their life, from their ability to perform wo

Zach Everett
Safety Library
Read More
Detailing for Durability: The 2026 Guide to High-Performance Stone Veneer Transitions
January 2026

Some of the most expensive failures involving manufactured stone veneer installations don’t come from the stone at all, but rather from the material transitions and flashing around it. Transitions are weak points in the overall cladding where water can fi

Jeff Tew
Technical Talks
Read More