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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
