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Best Bets for Adding Value to Your Home in 2014

America’s remodeling dollars are flowing again. If you’re looking to upgrade, Remodeling magazine’s 2014 Cost vs. Value Report tabs these projects as offering the best return on your investment.

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Steel Entry Door

The perennial champ when it comes to giving a return on your investment, an entry door replacement featuring a modestly priced steel door upgrades both energy efficiency and curb appeal. Steel doors come in many colors and can be painted to fit your exterior scheme.

National average cost: $1,162
ROI: 96.6%

Related: What Your Front Entry Says About You

 

Image: Terry at ForeverDecorating.Blogspot.com

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  • The perennial champ when it comes to giving a return on your investment, an entry door replacement featuring a modestly priced steel door upgrades both energy efficiency and curb appeal. Steel doors come in many colors and can be painted to fit your exterior scheme.

    National average cost: $1,162
    ROI: 96.6%

    Related: What Your Front Entry Says About You

     

    Image: Terry at ForeverDecorating.Blogspot.com

  • What better way to enjoy outdoor living than on your backyard deck? At a cost of about $30/sq. ft., a wood deck provides generous amounts of living area at a fraction of the price of an enclosed addition — and it satisfies our all-American appetite for al fresco dining, relaxing, and entertaining.

    National average cost: $9,539
    ROI: 87.4%

    Related: 9 Inspiring Deck Ideas

     

    Image: All Weather Decks

  • Need another bedroom? An attic conversion lets you add valuable living area without altering the footprint of your house. Soundproof rooms below by adding insulation between attic floor joists, or by installing a rubber acoustic barrier under flooring.

    National average cost: $49,438
    ROI: 84.3%

     

    Image: workshop/apd / T. G. Olcott Photography

  • Nothing upgrades the look of your house like a new garage door. Manufacturers offer terrific styles and choices, from plain steel panel doors to energy-efficient, insulated models with glass windows and panels that look like painted wood.

    National average cost, midrange steel: $1,534
    ROI: 83.7%

    National average cost, upscale insulated steel: $2,791
    ROI: 82.9%

     

    Image: First United Door

  • The royalty of siding, fiber-cement offers longevity and resistance to termites, moisture, rot, and fire. It’s stable and doesn’t flex, so repainting is less frequent — saving money over time. Fiber-cement has marketable cache as an upscale, high-quality product.

    National average cost: $13,378
    ROI: 87%

     

    Image: Sun Home Improvement / James Voepel, owner

  • New energy-efficient windows look great and help you save money. Options, such as low-E coatings and argon gas insulation, help maximize savings, depending on your local climate and the orientation of your house to the sun.

    National average cost, 10 midrange vinyl replacement windows: $9,978
    ROI: 78.7%

    National average cost, 10 upscale wood replacement windows: $16,798
    ROI: 74%

     

    Image: Mary Lee Gaffin

  • Known for being light weight, low maintenance, and relatively inexpensive, vinyl siding continues to be the most popular choice for siding replacement. Color-fast formulas and seamless installations help vinyl look better than ever. Insulated vinyl adds to your wall’s thermal resistance, helping cut energy costs.

    National average cost, midrange vinyl: $11,475
    ROI: 78.2%

    National average cost, insulated vinyl: $14,236
    ROI: 78.1%

     

    Image: Linda Johnsonbaugh/iStock

  • A minor kitchen remodel that includes new cabinet doors and drawer fronts, along with new appliances, countertop, and flooring, has one of the highest average returns in the Cost vs. Value Report over the past 10 years.

    National average cost: $18,856
    ROI: 82.7%

    Related: Kitchen Remodeling Decisions You’ll Never Regret

     

    Image: Benchmark Home Improvements in NH, ME and MA

  • 8 Tips to Make Your Remodel More Energy-Efficient and Your Home Healthier

    6 Ways to Pay for a Remodel When You Can’t Tap Home Equity

    7 Ways to Get the Best Work from Your Contractor

    7 Smart Strategies for Kitchen Remodeling

     

  • Steel Entry Door
  • Wood Deck
  • Attic Conversion
  • Garage Door Replacement
  • Fiber-Cement Siding
  • Replacement Windows
  • Vinyl Siding
  • Kitchen Update
  • Have remodeling on the brain?
  • steel-entry-door
  • wood-deck
  • attic-conversion
  • garage-door-replacement
  • fiber-cement-siding
  • replacement-windows
  • vinyl-siding
  • kitchen-update
  • more-slideshows