Looking to make home improvements? Spring is a great time to begin. It’s a time for renewal, a chance to take stock and make improvements on the things we’ve put off all winter. But what’s the best bang for your buck when it comes to home renovations? What has the best cost to value ratio? Not all home improvements have the value they used to, and some even have more, as you can see from Remodeling magazine’s latest Cost vs Value Report.
A Breakdown on This Year’s Report
Every year, Remodeling magazine takes 20 different home improvement projects and estimates what homeowners can expect to get back in increased home value, based on last year’s estimations. The data looks at 9 different regions in the US, including Sacramento.
The Value of Curb Appeal
Hands down, the best ROI renovations can be found in those repairs and remodelings that add curb appeal to your home, such as a new garage door, a new porch, or entryway. It’s easy to understand why. Most realtors will tell you that outward appearance is everything, especially when it comes to the resale value of a home. If you are considering having your home appraised in the next few years, it pays to look good.
ROI by the Numbers
Hands down, garage door replacement leads the pack of home improvements with an ROI value of 98.3%. Next would come a new wood deck at 82.3% and window replacement at 74%.
Here’s the breakdown:
Upscale Home Renovations
- New Garage door replacement: 98.3%
- New Wood Deck or Porch: 82.8%
- New Windows: 74.3%
- Manufactured stone (veneer): 97.1%
- Entry door: 91.3%
- Minor kitchen remodel: 81.1%
What’s the Take-Away?
If you want to get the best investment return for your home improvement, a new garage door is a no-brainer, especially if you have an older door, your door’s in serious disrepair, or has noise or other maintenance issues. You can replace it with an insulated garage door or a wooden door that can significantly improve the appearance and security of your home.
If you are considering a new garage door, give us a call. We install new garage doors and do repairs for the Sacramento area. We’d be happy to provide a free consultation.