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Home Remodel Projects With The Highest R.O.I

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According to recent reports if you are contemplating investing in a major remodeling project, the following 10 home improvement projects provide the best return on investment for homes nationwide. The reports were obtained from Remodeling Magazine’s “2020 Cost vs. Value Report” and “HGTV’s Top 15 Home Updates That Pay Off Article.”

1. Garage Door Replacement

Cost: $3,562

Resale: $3,661

Recoup: 102.8%

2. Manufactured Stone Veneer

Cost: $8,812

Resale: $7,404

Recoup: 84.0%

3. Siding Replacement

Cost: $15,686

Resale: $11,959

Recoup: 76.2%

4. Exterior Repaint

Cost: $4,600

Resale: $3,432

Recoup: 74.6%

5. Deck Addition (Wood)

Cost: $13,503

Resale: $10,062

Recoup: 74.5%

6. Minor Kitchen Remodel (Midrange)

Cost: $21,818

Resale: $16,038

Recoup: 73.5%

7. Window Replacement (Wood)

Cost: $20,182

Resale: $14,623

Recoup: 72.5%

8. Window Replacement (Vinyl)

Cost: $16,524

Resale: $11,969

Recoup: 72.4%

9. Roofing Replacement (Asphalt Shingles)

Cost: $21,443

Resale: $14,961

Recoup: 69.8%

10. Entry Door Replacement (steel)

Cost: $1,782

Resale: $1,208

Recoup: 67.8%                                                

https://www.remodeling.hw.net/cost-vs-value/2020/

https://www.hgtv.com/lifestyle/real-estate/top-home-updates-that-pay-off-pictures


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