Top 5 Home Improvement Projects with the Best ROI in 2024

  • 8 months ago

1. Garage Door Replacement

  • Cost: $4,302
  • Resale Value: $4,418
  • ROI: 102.7%
  • Source: Remodeling Magazine’s 2024 Cost vs. Value Report

A new garage door not only enhances curb appeal but also provides a high ROI. Buyers appreciate a functional and aesthetically pleasing garage door.

2. Manufactured Stone Veneer

  • Cost: $10,925
  • Resale Value: $11,177
  • ROI: 102.3%
  • Source: Remodeling Magazine’s 2024 Cost vs. Value Report

Adding stone veneer to your home’s exterior creates an upscale look. It’s a cost-effective way to boost perceived value.

3. Entry Door Replacement (Steel)

  • Cost: $2,214
  • Resale Value: $2,235
  • ROI: 100.9%
  • Source: Remodeling Magazine’s 2024 Cost vs. Value Report

A sturdy steel entry door improves security and makes a great first impression. Buyers appreciate quality craftsmanship.

4. Siding Replacement (Vinyl)

  • Cost: $16,348
  • Resale Value: $15,485
  • ROI: 94.7%
  • Source: Remodeling Magazine’s 2024 Cost vs. Value Report

Fresh vinyl siding revitalizes your home’s appearance. Choose neutral colors for broad appeal.

5. Siding Replacement (Fiber-Cement)

  • Cost: $19,361
  • Resale Value: $17,129
  • ROI: 88.5%
  • Source: Remodeling Magazine’s 2024 Cost vs. Value Report

Fiber-cement siding balances durability and aesthetics. It’s a smart investment for long-term value.

Remember, these figures are averages, and actual ROI may vary based on your local market. Consult with a skilled real estate agent (like me!) to tailor recommendations to your specific area. Happy selling! 🏡✨

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