Savings

Where homeowners spend big on remodeling

Share

Renovation time

Young couple working on home renovations
Hero Images

Spring cleaning isn't the only project on the agenda for homeowners this year. Many are planning home remodeling projects, too.

Nearly two-thirds of consumers are planning to renovate, according to a new survey from LightStream, a division of SunTrust Bank. Four in 10 plan to spend $5,000 or more, and another 22 percent plan to spend at least $10,000. Overall remodeling spending for October 2015 through September 2016 is expected to tally $154.8 billion, up 7.6 percent year over year, according to a January report from Harvard University's Joint Center for Housing Studies.

If you're considering a home project, however, it's worth noting that very few earn their cost back when you sell. In Remodeling Magazine's 2016 Cost vs. Value report, for example, the average major kitchen remodel recouped just 64.9 percent of its approximately $60,000 price tag. The one project to more than pay for itself? Attic insulation, which costs an average $1,268 and has a resale value of $1,482.

Based on spending data from users of remodeling site Houzz, these states are spending the most and least, on average, for popular projects.

— By CNBC's Kelli B. Grant
Posted 25 March 2016

Custom Home

Tom Merton | Hoxton | Getty Images

State with the highest average project cost: Connecticut

  • Average cost: $1,170,000
  • What the top third spent: $2,440,000
  • What the lower third spent: $264,000
  • Who hired a pro: 93 percent

State with the lowest average project cost: Arkansas

  • Average cost: $353,047
  • What the top third spent: $621,000
  • What the lower third spent: $150,000
  • Who hired a pro: 90 percent

Kitchen

Couple renovating kitchen area
Hero Images | Getty Images

State with the highest average project cost: New Jersey

  • Average cost: $44,168
  • What the top third spent: $94,000
  • What the lower third spent: $9,000
  • Who hired a pro: 87 percent

State with the lowest average project cost: Mississippi

  • Average cost: $13,714
  • What the top third spent: $27,000
  • What the lower third spent: $2,000
  • Who hired a pro: 76 percent

Garage & Carport

Tom Merton | Getty Images

State with the highest average project cost: Maine

  • Average cost: $34,573
  • What the top third spent: $82,000
  • What the lower third spent: $3,000
  • Who hired a pro: 73 percent

State with the lowest average project cost: New Jersey

  • Average cost: $7,646
  • What the top third spent: $18,000
  • What the lower third spent: $800
  • Who hired a pro: 79 percent

Bath

Luxury Bathroom
Martin Barraud | Getty Images

State with the highest average project cost: Delaware

  • Average cost: $21,120
  • What the top third spent: $45,000
  • What the lower third spent: $2,000
  • Who hired a pro: 77 percent

State with the lowest average project cost: South Dakota

  • Average cost: $6,155
  • What the top third spent: $14,000
  • What the lower third spent: $967
  • Who hired a pro: 50 percent

Siding

Kim Steele | Getty Images

State with the highest average project cost: New Jersey

  • Average cost: $18,873
  • What the top third spent: $43,000
  • What the lower third spent: $5,000
  • Who hired a pro: 90 percent

State with the lowest average project cost: West Virginia

  • Average cost: $6,080
  • What the top third spent: $15,000
  • What the lower third spent: $640
  • Who hired a pro: 60 percent

Patio & Landscape

Hero Images | Getty Images

State with the highest average project cost: New Jersey

  • Average cost: $18,161
  • What the top third spent: $47,000
  • What the lower third spent: $1,000
  • Who hired a pro: 68 percent

State with the lowest average project cost: Alaska

  • Average cost: $2,902
  • What the top third spent: $6,000
  • What the lower third spent: $436
  • Who hired a pro: 57 percent

Living Room

Martin Barraud | Caiaimage | Getty Images

State with the highest average project cost: Maine

  • Average cost: $17,606
  • What the top third spent: $45,000
  • What the lower third spent: $2,000
  • Who hired a pro: 64 percent

State with the lowest average project cost: Alaska

  • Average cost: $4,421
  • What the top third spent: $8,000
  • What the lower third spent: $457
  • Who hired a pro: 48 percent

Media Room

Media theater in home
Image Studios | Getty Images

State with the highest average project cost: Florida

  • Average cost: $17,142
  • What the top third spent: $47,000
  • What the lower third spent: $915
  • Who hired a pro: 55 percent

State with the lowest average project cost: Tennessee

  • Average cost: $4,465
  • What the top third spent: $9,000
  • What the lower third spent: $1,000
  • Who hired a pro: 60 percent

Roofing

Henry Arden | Getty Images

State with the highest average project cost: Minnesota

  • Average cost: $15,100
  • What the top third spent: $32,000
  • What the lower third spent: $4,000
  • Who hired a pro: 90 percent

State with the lowest average project cost: Arkansas

  • Average cost: $7,034
  • What the top third spent: $12,000
  • What the lower third spent: $3,000
  • Who hired a pro: 93 percent

Deck & Porch

Jessica Gwozdz | Getty Images

State with the highest average project cost: Hawaii

  • Average cost: $15,052
  • What the top third spent: $29,000
  • What the lower third spent: $2,000
  • Who hired a pro: 76 percent

State with the lowest average project cost: South Dakota

  • Average cost: $3,691
  • What the top third spent: $7,000
  • What the lower third spent: $650
  • Who hired a pro: 53 percent

Room Decor & Furnishings

Hero Images | Getty Images

State with the highest average project cost: Rhode Island

  • Average cost: $14,056
  • What the top third spent: $35,000
  • What the lower third spent: $952
  • Who hired a pro: 41 percent

State with the lowest average project cost: Wyoming

  • Average cost: $4,434
  • What the top third spent: $10,000
  • What the lower third spent: $663
  • Who hired a pro: 29 percent

Bedroom

Luxury Bedroom
CalaImage | Getty Images

State with the highest average project cost: Connecticut

  • Average cost: $13,659
  • What the top third spent: $35,000
  • What the lower third spent: $684
  • Who hired a pro: 66 percent

State with the lowest average project cost: Montana

  • Average cost: $2,978
  • What the top third spent: $7,000
  • What the lower third spent: $279
  • Who hired a pro: 39 percent

Home Office

Home office
Trevor Adeline | Caiaimage | Getty Images

State with the highest average project cost: Connecticut

  • Average cost: $13,016
  • What the top third spent: $35,000
  • What the lower third spent: $657
  • Who hired a pro: 60 percent

State with the lowest average project cost: Idaho

  • Average cost: $1,630
  • What the top third spent: $4,000
  • What the lower third spent: $286
  • Who hired a pro: 26 percent

Windows/Doors

CalaImage | Getty Images

State with the highest average project cost: Rhode Island

  • Average cost: $11,080
  • What the top third spent: $24,000
  • What the lower third spent: $2,000
  • Who hired a pro: 85 percent

State with the lowest average project cost: Alaska

  • Average cost: $2,961
  • What the top third spent: $6,000
  • What the lower third spent: $838
  • Who hired a pro: 46 percent

Flooring, Paneling & Ceiling

State with the highest average project cost: California

  • Average cost: $8,599
  • What the top third spent: $18,000
  • What the lower third spent: $2,000
  • Who hired a pro: 80 percent

State with the lowest average project cost: South Dakota

  • Average cost: $2,683
  • What the top third spent: $6,000
  • What the lower third spent: $500
  • Who hired a pro: 39 percent

Dining Room

Luxury Dining room
Jodi Jacobson | Getty Images

State with the highest average project cost: Maine

  • Average cost: $7,387
  • What the top third spent: $16,000
  • What the lower third spent: $433
  • Who hired a pro: 50 percent

State with the lowest average project cost: Kentucky

  • Average cost: $1,727
  • What the top third spent: $4,000
  • What the lower third spent: $209
  • Who hired a pro: 43 percent

Closet

Camillo Morales | Getty Images

State with the highest average project cost: Arizona

  • Average cost: $6,810
  • What the top third spent: $19,000
  • What the lower third spent: $281
  • Who hired a pro: 47 percent

State with the lowest average project cost: Utah

  • Average cost: $1,002
  • What the top third spent: $2,000
  • What the lower third spent: $170
  • Who hired a pro: 27 percent

Insulation

Hero Images | Getty Images

State with the highest average project cost: Vermont

  • Average cost: $5,915
  • What the top third spent: $14,000
  • What the lower third spent: $945
  • Who hired a pro: 77 percent

State with the lowest average project cost: Utah

  • Average cost: $1,290
  • What the top third spent: $2,000
  • What the lower third spent: $367
  • Who hired a pro: 66 percent