It depends on what the house was worth when you bought it. And it depends on what repairs you did.
Regarding market value--what it was worth when you bought it--recognize that that isn't a precise figure. But, for the sake of argument, let's assume that it really was worth precisely $58,000.
Presumably, that $58,000 reflects the problems that the repairs fixed. For example, perhaps in nicely fixed-up condition the house would be worth $65,000. But the roof leaked. The driveway was cracked. One toilet was broken. And so on. All of those things would discourage some buyers, so the price was reduced to $58,000. Now, if that's the case, then making repairs could bring the value of the home up to $65,000--where it would have been if everything had been in good condition.
On the other hand, if you bought the home for $58,000 and figured everything was in good shape (or it was in good shape when you bought it), but then the HVAC failed, the hot water heater started leaking, the roof started leaking, etc.--then doing $8,000 in repairs doesn't add a penny of value. That's because, when people buy a house, they expect the HVAC to work, the hot water heater to work, and the roof not to leak.
If you're talking about remodeling--rather than repairs--the answer is a bit different. Some things will return more than their cost--not many, but some. For instance, if you have a 3 bed/1 bath home, adding a second bath can add a lot of additional value and help the property sell quicker. On the other hand, some "upgrades" add little or no value. Adding a hot tub, for instance.
Hope that helps.