7 Home Renovations With The Best ROI In 2020

Manufactured Stone Veneer

A great way to add curb appeal and accumulate a high ROI is adding manufactured stone veneer to your home’s exterior. Though it’s gained popularity in the past decade, this veneer has been refined and improved over time to strongly resemble the appearance of natural stone. It garners a whopping 95.6 percent ROI for homes. A combination of aggregates, iron oxides, and Portland cement bake in molds designed for a natural stone appearance. Existing areas of vinyl siding, usually around 300 square feet on the lower-third portion, is removed to make way for the veneer.

Garage Door Replacement

Since most homes have an attached garage that protrudes from the structure, the garage door is one of the first-noticed aspects of a home’s exterior. It’s a guiding factor that contributes to why replacing this feature yields a high — 97.5 percent — ROI. A key to keep in mind is ensuring the door opener is compatible if the new door uses heavy-duty galvanized steel tracks.

Vinyl Replacement Windows

Vinyl windows are a great way to boost your home’s curb appeal while also improving energy efficiency and yielding a 72.3 percent ROI. These windows differentiate themselves from others by their extruded polyvinyl chloride (PVC) sash and window frames. The PVC’s resistant character gives it particular effectiveness in climates with large temperature swings during the summer and winter.

Fiber-Cement Siding Replacement

If you’re looking for siding with the efficiency of masonry in a range of textures, at a fraction of the cost — and a 77.6 percent ROI — fiber-cement siding is the answer. A blend of water, wood pulp, Portland cement, and a filler (usually either fly ash or silica sand), it has the durability to withstand blazing sunshine, high humidity, and strong winds for many years. Because fiber-cement siding is a little on the heavy side and requires specialized tools for installation, it’s best to have our home remodeling professionals add it to your home’s façade.

Vinyl Siding Replacement

Although vinyl siding can look marvelous for years with periodic cleaning, it does have a functional lifespan. But if it’s been years since you last looked through the vinyl options, you’ll likely be pleased to see the wide range of colors and styles available with an average 74.7 percent ROI. A benefit of this improvement is it’s possible to install the new siding over most types of existing siding, along with new exterior walls.

Wood Deck Addition

Whether your home has a large or small yard, now is the time to add a wooden deck. They have an average ROI of 72.1 percent based on a space measuring 16 feet by 20 feet and include a railing system. Two features that frequently make a deck addition stand out to potential buyers are built-in benches and flower planters.

• Installing hardwood-style laminate flooring

• Refurbishing or repainting existing cabinetry

• Replacing out-of-date appliances