Real Estate

10 Home Improvement Projects That Return The Most At Resale

If you want to get the biggest return on your investment in home renovation projects, it would be wise to take your to-do list outdoors. The 2020 Cost vs. Value report by Remodeling magazine found that nine out of the top 10 high-return projects are exterior replacement projects. Only the minor kitchen renovation rivals the rate of return of most exterior projects.

Whether you are just thinking about remodeling or ready to dive in, prioritize these exterior projects that will add curb appeal and value when it’s time to sell or refinance.

1. Manufactured stone veneer

Average cost: $9,357

Average resale value: $8,943

Cost recouped: 96%

2. Garage door replacement

Average cost: $3,695

Average resale value: $3,491

Cost recouped: 94%

3. Siding replacement (fiber cement)

Average cost: $17,008

Average resale value: $13,195

Cost recouped: 78%

4. Siding replacement (vinyl)

Average cost: $14,359

Average resale value: $10,731

Cost recouped: 75%

5. Window replacement (vinyl)

Average cost: $17,461

Average resale value: $12,761

Cost recouped: 72%

6. Deck addition (wood)

Average cost: $14,360

Average resale value: $10,355

Cost recouped: 72%

7. Window replacement (wood)

Average cost: $21,495

Average resale value: $14,804

Cost recouped: 69%

8. Entry door replacement (steel)

Average cost: $1,881

Average resale value: $1,294

Cost recouped: 69%

9. Deck addition (composite)

Average cost: $19,856

Average resale value: $13,257

Cost recouped: 67%

10. Roofing replacement (asphalt shingles)

Average cost: $24,700

Average resale value: $16,287

Cost recouped: 66%

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