Renovation ROI Calculator

Check whether a renovation adds more value than it costs.

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Renovation ROI Calculator

Enter the renovation cost and the value increase.

Net gain
β€”
Enter values above
Cost recouped
β€”
ROI
β€”
Property value after
β€”
Annualised return
β€”
Value created per $1 spent
β€”

Worked example

With the default inputs shown below, this calculator returns the following results:

InputValue
Renovation cost ($)45000
Property value before ($)400000
Value increase ($)60000
Years until sale3
ResultValue
Net gain$15,000
Cost recouped133.33%
ROI33.33%
Property value after$460,000
Annualised return10.06%
Value created per $1 spent$1.33

Values shown are produced by this page in your browser; change any input to update them.

How to use the Renovation ROI Calculator

  1. Renovation cost ($) β€” default 45000
  2. Property value before ($) β€” default 400000
  3. Value increase ($) β€” default 60000
  4. Years until sale β€” default 3
  5. Press Calculate to update the results instantly.

Frequently asked questions

Cosmetic work in kitchens and bathrooms, plus insulation, windows and garage doors, consistently recoups 60–80%. Structural changes, pools and highly personalised designs recoup far less.
Only cosmetic fixes that remove buyer objections. Heavy renovation rarely returns more than it costs, and buyers often prefer to choose their own finishes.
Because a renovation that recoups 100% of cost over five years earned nothing; the same return over one year is excellent.

Sources & references