Cost vs Value Report 2022

May 16, 2022

Insights on Home Remodeling Costs in the Cost vs Value Report 2022

Home remodeling costs are increasing, but the most valuable home improvements have stayed the same in the Cost vs Value Report 2022.

Looking for 2023 Cost vs Value Insights? Click here.

Pandemic-related supply chain issues continued to feed a decade-long annual increase in home remodeling costs. This is a key trend in the Cost vs Value Report 2022 just released by Zonda. All 22 projects in the annual report became more expensive, with home remodeling costs increasing an average of 9.2% overall.

“Across the board, material costs have been increasing for the last decade, and increasing sharply for the past two years,” say editors at Remodeling magazine, a Zonda company. “And even while values have also been steadily inching up for the past five years, the high numbers on the bottom of the ratio (cost) bring down the overall number, which is return on investment.” 

Thankfully, the decline in home improvement project values was only 1.2 points below the average ROI from 2021. Additionally, the top five most valuable home improvements remained the same year-over-year, and other interesting trends also emerged.  

Home Remodeling Costs for cost vs value windows help lower heating bills in homes

What is the Cost vs Value Report?

Now in its 35th year, the annual Zonda Cost vs Value Report looks at nearly two dozen common remodeling projects and compares the average cost of those projects with the value the same projects would bring to a home’s resale value. The data is calculated on national, regional, and local levels for 150 major U.S. markets. Resale values were previously derived by surveying real estate professionals. Beginning in 2021, Zonda revised the Cost vs Value report’s methodology to include numerous variables that affect the sale price of existing homes, including local GDP, home sales, home values, housing starts, and more.  

Bathroom Remodeling Steps and Bathroom Remodeling Process
Window Replacement Process includes air sealing perfect to reduce air conditioning costs

The Most Valuable Home Improvements in the Cost vs Value Report 2022

The same five projects that had the best ROI in 2021 took the same top five spots this year as well. The remodeling costs for these projects increased less than remodeling projects overall (7.2% vs. 9.2%), which helped them retain more of their value year-over-year (an average 0.88% decrease in cost recouped, compared to the overall 1.2% dip nationally). 

Cost vs value report 2022 for home remodeling costs

Exterior Projects are Among the Most Valuable Home Improvements

Another interesting carryover from the 2021 Cost vs Value Report is that exterior home improvements remain the most lucrative projects. Of the 22 Cost vs Value 2022 projects, half are interior projects and half are exterior. Except for minor kitchen remodel, all interior projects rank lower for ROI than exterior projects. Remodeling editors suggest that this indicates the weight that curb appeal has on home values.

Most valuable home improvements

Prospective buyers who see a ‘buttoned up’ exterior form the impression that the house is in good shape,’” they said. “The reverse case – that is, driving up and seeing a dilapidated garage door or a house in need of a paint job – has the reverse effect: Buyers immediately start to downgrade what they are willing to pay for the house.”

Using the Cost vs Value Report 2022 to Gauge Your Home Remodeling Costs

Knowing that home remodeling costs continue to increase can be intimidating, but the Cost vs Value Report offers homeowners a great deal of perspective. Many regions and individual markets have lower costs and better ROIs than the national averages. For example, Improveit customers will see an average 62% ROI on bathroom remodeling compared to 58.9% nationally.  So be sure to look at numbers for your area as you plan your home improvement projects. 

Remember also that the Cost vs Value Report specifically measures the value of a project when the home is sold. There’s no way for the calculations to include the personal value you feel from enjoying a beautifully updated bathroom, kitchen, or outdoor living space. Nor do the numbers reflect value-added elements like transferrable lifetime warranties, increased energy efficiency, low-maintenance finishes that make your life easier.  

While the Cost vs Value Report 2022 indicates some useful, these numbers aren’t everything. Ultimately, remodeling your home should be about making the changes that you and your family want to enjoy today. That’s real value, and Improveit is here to help!

Reach out to learn how to get the most value for worry-free remodeling that will make lasting improvements in your home and your life.  

After Sweepstakes Makeover 2022 Cost vs Value Report ohio sweepstakes bathroom remodeling
Independence, KY
Cabinet Refacing
Wendy & Timothy Tepe
Sharonville, OH
Shower Expansion & Garden Tub Removal
Lexie Bopp & Mary Lynn Woebkenberg
Zanesville, OH
Whole-House Window Replacement
Dwayne & Penelope Kolva
Grove City, OH
Cabinet Refacing & Countertop Replacement
The Valentines
Columbus, OH
Master Bathroom Shower Remodel
Ashleigh & Matt Walker
Brandenburg, KY
Window Replacement
Nikki Butler
Ashville, OH
Cabinet Refacing & Kitchen Island Remodel
Teresa & Joseph Momsen
Columbus, OH
Single-Pane Window Replacement
Tyler C.
Delaware, OH
Tub-to-Shower Conversion
Tipp City, OH
Accessible Walk-In Showers
Judy Warner
Louisville, KY
Tub to Shower Conversion
Cindy & David Booth
Wilmington, OH
Tub-to-Shower Conversion
Theresa & Lisa LaDuke
Zanesville, OH
Whole-House Window Replacement
Michael & Barbara Callahan
Gahanna, OH
Kitchen Remodel & Custom Countertop
Wilmington, OH
Double-Hung Window Replacement
Lillian & Jeff Shelton
Wilmington, OH
Whole-House Window Replacement
Kim & Dwight Woodrum
Pickerington, OH
Bathroom Remodeling
Angie & Mark Brickley
Troy, OH
Double-Hung Window Replacement
Carole VanOsdol
Pataskala, OH
Kitchen Refacing & Countertop Replacement
Sue & Terry Ogle
Lancaster, OH
Outdated Bathroom Update
Susan & Don Amrine
Columbus, OH
Walk-In Tub Installation
Loretta Seipel
Cincinnati, OH
Tub-Shower Combo
Dylan Luman
Beavercreek, OH
Steve Hildenbrandt
Columbus, OH
Tub-Shower Replacement
Brittany & Randy Van Sickle
Hanover, OH
Window Replacement
Teddy & Maxine Jump
Frankfort, KY
Window Replacement
Sarah Puttoff
Springfield, OH
Window Replacement
Sheila Albin
Newark, OH
Tub-to-shower conversion
Jack & Maribeth Stover
Circleville, OH
Accessible Shower
Krista Bower
Fairfield, OH
Hopper Window Replacement
Issac & Isabella Garcia
Englewood, OH
Window Replacement
Joyce Stewart
New Paris, OH
Tub-Shower Replacement
John Newman
Bellefontaine, OH
Tub-Shower Combo
Kay Marquis
Mt. Washington, KY
Tub to Shower Conversion
Tom & Georgia Breeding
Mt. Washington, KY
Window Replacement
Tom & Georgia Breeding
Springfield, OH
Tub to Shower Conversion
Jim & Khristeene Richards
Waldo, OH
Garden Tub Removal
Ted & Wanda Davis
Hamilton, OH
Garden Tub Removal
Gibbs Family
Westerville, OH
Tub to Shower Conversion
Carol & Robert Young
Grove City, OH
Tub to Shower Conversion
Michael & Sharen Huffman
Louisville, KY
Window Replacement
Sarah Whittle
Tipp City, OH
Window Replacement
Tabitha Bundenthal
Cincinnati, OH
Window Replacement
Cheryl Raine
Hebron, KY
Window Replacement
Karolyn & Richard Malsi
Cincinnati, OH
Window Replacement
Deedra Rainey
Etna, OH
Bathroom Remodel
Gary & Melody McCardle
Etna, OH
Window Replacement
Gary & Melody McCardle
Marion, OH
Bathroom Remodel
Josephine & Charles Wiseman
Pickerington, OH
Window Replacement
Alan Lancaster
Pickerington, OH
Bathroom Remodel
Alan Lancaster
Upper Arlington, OH
Shower Remodel
Laura & Blake Williams
Marysville, OH
Bathroom Remodel
Amy & Alan Henderson
Columbus, OH
Window Replacement
Bonnie Morgan
Louisville, KY
Window Replacement
Sharon McDermott
Galloway, OH
Window Replacement
Paul Gray
Marysville, OH
Window Replacement
Linda Fyffe
Reynoldsburg, OH
Window Replacement
Keith & Carol Crabtree
Delaware, OH
Bathroom Remodel
Robert & Eileen Richardson
Columbus, OH
Bathroom Replacement
Joanne & Charles Duncan
Whitehall, OH
Bathroom Replacement
Jennifer Baldwin & Mike Ray
Check out some of our
favorite projects!

See What Our Customers Have to Say

BBB
Rating
A+
Google
Rating
4.7
Facebook
Rating
4.7
Facebook
Rating
A
Guild Quality
Rating
4.8
Improveit Home Remodeling Improveit Home Remodeling
Enter For a Chance to Win a
$45,000
Home Makeover
Improveit Home Remodeling
4580 Bridgeway Avenue, Ste B, Columbus, OH 43219
Contact Us
8930 Global Way, West Chester, OH 45069
Contact Us
110 Citizens Blvd, Simpsonville, KY 40067
Contact Us
7200 Poe Ave Suite 102, Dayton, OH 45414
Contact Us
110 Citizens Blvd, Simpsonville, KY 40067
Contact Us
501 Union St, Ste 600C, Nashville , TN 37219
Contact Us
Bathrooms Windows Kitchens