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Writer's pictureDaniel Martin

Top 10 Remodeling Projects with the Best ROI for Homeowners

Updated: Nov 18, 2024

Maximizing Your Investment in Your Home 

Investing in your home can be both exciting and intimidating. With so many remodeling options out there, it’s normal to wonder which projects will give you the best return on investment (ROI) if you decide to sell—or even just to increase your property’s overall value. To help you make the most of every dollar, we’ve put together a list of the top 10 remodeling projects that offer homeowners the best ROI. 

  

1. Garage Door Replacement 

Average ROI: 93% 

Replacing your garage door may seem like a minor upgrade, but it’s consistently one of the highest ROI projects. A new, stylish garage door enhances curb appeal and often provides better security and insulation. With a relatively low investment, this project can make a big visual impact, making your home more attractive to buyers. 


Garage door replacement

2. Manufactured Stone Veneer 

Average ROI: 91% 

Adding manufactured stone veneer to the exterior of your home creates an upscale look that catches the eye. This upgrade can transform an ordinary exterior into a high-end facade, boosting curb appeal. Stone veneer is also durable, giving your home long-lasting protection and aesthetic appeal. 

  

3. Minor Kitchen Remodel 

Average ROI: 70-78% 

A minor kitchen remodel—such as upgrading cabinets, countertops, and appliances—can give you a strong return while modernizing the heart of your home. Even small changes, like updating cabinet hardware or adding a new backsplash, can refresh the kitchen. Kitchens are a focal point for buyers, so even a modest remodel can pay off handsomely. 


4. Siding Replacement (Fiber Cement or Vinyl) 

Average ROI: 67-90% 

Updating your home’s siding can drastically improve its look and energy efficiency. Vinyl and fiber cement siding are both durable and low-maintenance options. This upgrade boosts curb appeal and helps reduce energy costs, which appeals to eco-conscious buyers and increases your home’s resale value. 

  

5. Window Replacement (Vinyl) 

Average ROI: 67-73% 

Energy-efficient windows not only look great but also reduce heating and cooling costs. Replacing old windows with new vinyl ones gives your home a clean, updated look while providing insulation benefits. New windows are especially appealing in regions with extreme temperatures, where potential buyers value energy savings. 

  

6. Bathroom Remodel (Midrange) 

Average ROI: 60-70% 

Bathrooms are one of the most used spaces in a home, so it’s no wonder that a midrange bathroom remodel can offer a solid ROI. Updating fixtures, tiling, lighting, and cabinetry creates a fresh, functional space that buyers love. Even small changes, like a new vanity or mirror, can make a bathroom feel more modern. 

  

7. Entry Door Replacement (Steel) 

Average ROI: 65-70% 

Your front door is one of the first things guests and potential buyers see, so replacing it can have a big impact. A steel entry door offers a clean look, durability, and enhanced security, making it a cost-effective way to boost curb appeal. 

  

8. Deck Addition (Wood or Composite) 

Average ROI: 65-70% (Wood), 60-65% (Composite) 

Outdoor living spaces are highly desirable, and adding a deck is one of the most attractive ways to extend your home’s usable space. A wood deck often yields a slightly higher ROI, but composite materials are becoming more popular for their low maintenance. A new deck provides a functional area for entertainment, which many buyers appreciate. 

 

Wooden deck

9. Roof Replacement (Asphalt Shingles) 

Average ROI: 60-65% 

A roof replacement may not be the most glamorous upgrade, but it’s a practical investment that reassures buyers. New asphalt shingles improve insulation, add curb appeal, and protect your home from the elements, giving potential buyers peace of mind about a major home component they won’t need to replace anytime soon. 

  

10. Basement Remodel/Finish 

Average ROI: 65-75% 

Finishing a basement can turn unused space into a valuable addition, whether for a family room, guest suite, or home gym. Finished basements are particularly appealing in markets where extra square footage is highly valued. A basement remodel adds functional, flexible living space that buyers appreciate, making it a great ROI option. 

   

Envisioning the Impact of These Renovations 

Imagine stepping into a home that feels brand new, with stylish upgrades that make life easier, more comfortable, and just a bit more luxurious. The value added isn’t just monetary—your home becomes a true reflection of you, thoughtfully designed with both functionality and future resale value in mind. 

  

With these high-ROI renovations, you’re investing in a property that works for you, whether you’re planning to stay for years or thinking about selling down the road. These projects don’t just add to your home’s market value; they add to your quality of life. 

  

Ready to Start Your Home Transformation? 

Why settle for a home that doesn’t reflect your vision or potential value? With Danny Reed Construction, you can make upgrades that pay off both now and in the future. Give us a call at 478-957-3336 to discuss which renovations could be the most valuable for your home. Our team is here to guide you every step of the way toward a home that’s truly worth the investment. 

 

FAQs: Common Questions About High-ROI Remodeling Projects 

Q: How can I decide which projects to tackle first? 

A: Start by assessing your budget and your home’s needs. If you’re looking to sell soon, focus on curb appeal (like garage door or siding replacement) and high-traffic areas (like kitchens and bathrooms). For long-term enjoyment, consider projects that add comfort and functionality to your lifestyle. 

  

Q: Are there projects that increase my home’s value without a high ROI? 

A: Absolutely. Customizations like luxury appliances or premium materials can make your home more enjoyable, even if they don’t add significant ROI. It’s always a balance between personal satisfaction and future returns. 

  

Q: How do I know if I need a major renovation or just a few updates? 

A: Think about your home’s current condition and your goals. For example, if your kitchen layout works but it looks outdated, a minor remodel may be all you need. If functionality or layout is an issue, a larger renovation might be a better choice. 

  

Q: Are DIY renovations just as valuable as professional remodels? 

A: While some DIY projects can save money, professional remodels often offer a higher ROI. Quality, expertise, and warranties provided by contractors add value and help protect your investment. 

 

 

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