Best Investments: Exterior Home Improvements

Exterior home improvements, from a garage door replacement to stone veneer siding, dominate the list of projects with the highest return on investment (aka ROI) according to Remodeling Magazine’s Cost vs. Value report for 2018. One of the biggest reasons these projects offer the largest return on investment is because of curb appeal.
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Garage Door Replacement
Ready to replace your garage door? An upscale new garage door can elevate the look of your home, increase your home value, and reduce the transfer of heat and cold in your garage. Garage doors are available in a variety of styles, materials, and R-values (optional). Couple with an automatic garage door opener for a trouble-free system.

National average cost: $3,470
Return on investment: 98.3%

Stone Veneer Siding
Stone veneer siding is a great alternative to natural stone. This material offers you a beautiful and affordable way to improve curb appeal without having to substantially renovate your home. Additionally, this siding has insulating properties, something natural or manufactured stone cannot offer.

National average cost: $8,221
Return on investment: 97.1%

Entry Door Replacement (steel)
One of the quickest ways to make a good first impression with your guests is to install a new entry door. This affordable option not only gives the home additional curb appeal, but up-to-date materials and construction add durability and greater insulating properties, creating a door that is both attractive and energy-efficient.

National average cost: $1,471
Return on investment: 91.3%

Replacement Windows (vinyl)
New windows look sharper; no doubt about it. Energy-efficient – double or triple-paned – windows can also go a long way towards reducing the transfer of heat and cold. This can reduce the costs of heating and cooling your home, which accounts for more than 40% of all energy used, saving you money.

National average cost: $15,995
Return on investment: 74.3%