Home Improvements with a High Return

Not all home renovations offer a strong return on investment, so it’s crucial to know which improvements—both interior and exterior—will add the most value to your home, especially when it's time to sell or refinance.

Garage Door Replacement
According to the 2021 Cost vs. Value report by Remodeling Magazine, replacing your garage door provides the highest return on investment. With nearly 94% of the cost recouped, it’s one of the best value-boosting renovations you can make.
Renovation Cost: $3,907
Resale Value: $3,663
Total Return: 93.8%

Minor Kitchen Remodel (Midrange)
A midrange kitchen remodel can recoup more than 70% of the total investment. Updating countertops, hardware, appliances, and refacing cabinets are all effective ways to increase your home’s value.
Renovation Cost: $26,214
Resale Value: $18,927
Total Return: 72.2%

Window Replacement (Vinyl)
When it comes to window upgrades, vinyl windows offer one of the best returns on investment.
Renovation Cost: $19,385
Resale Value: $13,297
Total Return: 68.6%

Roofing Replacement (Asphalt Shingles)
Replacing your roof with fiberglass asphalt shingles can result in more than 60% of the cost being recouped upon resale.
Renovation Cost: $28,256
Resale Value: $17,147
Total Return: 60.3%

For the best advice on home improvement projects that will maximize your return, contact us today!

Source: Cost vs. Value 2021 Survey (National Data) / Remodeling Magazine