The ROI on a new door or deck is tough to pass up.
A new door is an affordable project (about $2,000) that can boost your curb appeal. Plus, the “Remodeling Impact Report” from the National Association of REALTORS® found you can recover a median of 75% of your project cost — less if you DIY. In terms of happiness and satisfaction, consumers responding to the survey gave the project an unbeatable Joy Score of 10 (out of 10).
8 Popular Home Upgrades (and How Much They Cost)Wood Deck
One up your favorite alfresco restaurant by creating your own twilight dining experience with a deck. A wood deck adds lots of living area at a fraction of the price of a full-on addition. A typical deck costs $9,450, according to the “Remodeling Impact Report.” Even better, it also typically pays for itself, returning 106%.
8 Popular Home Upgrades (and How Much They Cost)Garage Door Replacement
Your garage door is often the first thing you and your guests see. Imagine the difference a new one could make. Financially, it makes sense, too. A new steel garage door costs around $2,300, installed. You might get back almost 90% of that cost at resale, according to the “Remodeling Impact Report.”
8 Popular Home Upgrades (and How Much They Cost)Fiber-Cement Siding
Fiber-cement siding fends off termites, moisture, rot, and fire. It’s stable and doesn’t flex, so you can nix frequent repainting from your to-do list. You’ll pay about $18,000 and possibly get $15,000 back at resale. Totally worth it to never paint again.
8 Popular Home Upgrades (and How Much They Cost)Replacement Windows
The median cost for new vinyl windows is almost $19,000. The good news is that your return on investment is almost 80%, according to the “Remodeling Impact Report.” If your windows are leaky but generally OK, your best bet is likely good ol’ (money-wise) caulk.
8 Popular Home Upgrades (and How Much They Cost)Vinyl Siding
Colorfast formulas and seamless installations help vinyl look better than ever, and insulated vinyl helps cut energy costs. New vinyl siding costs about $13,350, according to the “Remodeling Impact Report,” with a return of about 75%.
Image: Linda Johnsonbaugh/iStock
8 Popular Home Upgrades (and How Much They Cost)Kitchen Update
A kitchen upgrade that includes new cabinet doors, drawer fronts, appliances, countertops, and flooring costs around $35,000, according the “Remodeling Impact Report.” The return, at close to 60%, isn’t as good as other projects, but the satisfaction level is high with homeowners, who rated it 9.7 out of 10 on how much joy it brought them.