Noteworthy ROIs for Exterior Home Improvements

Mar 12, 2014

Return on investment (ROI) is an important factor to consider before committing to a home improvement project. What you think is a great investment, may turn out to be minimal or even null. The 2014 Cost vs Value report compares average cost for 35 popular remodeling projects with the value those projects retain at resale in 101 U.S. cities. We’ve taken the most noteworthy and showcased them below.  You might be surprised what projects rank high on resale value, and which one’s might not give you the return you had hoped for.  (*Figures are based on 2014 National Averages for Midrange projects. To narrow by region or project price, click link above).  -A MAJOR 2014 TREND SEEN IN THIS YEAR’S REPORT IS THE INCREASE IN ROI FOR EXTERIOR HOME IMPROVEMENTS. (TWO WORDS: CURB APPEAL!)  BELOW ARE THOSE THAT TOP THE LIST, JUST IN TIME FOR SPRING.

ENTRY DOOR REPLACEMENT (STEEL): 96.6%

The only project coming in above 90%, a steel entry door replacement is a low-cost way to boost your curb appeal, give you peace of mind and give you an almost full return on investment (in certain cities it does!).

*Entry Door Replacement (fiberglass) doesn’t get as high of a return, coming in at 70.8%

entry door replacement roi

A small improvement like an entry door replacement can make a big impression and can potentially pay for itself.

DECK ADDITION (WOOD): 87.4%

Even in regions that experience long winters (thanks a lot, Ohio), a wooden deck addition has a high recoup. Chalk it up to milking the sun for all it’s worth.

*A composite deck addition ranks more than 10% below a wooden deck, but still sits in around 74%.

wood-deck

A wooden deck addition is high on home buyers’ lists of things they’d pay more for when purchasing their home

GARAGE DOOR REPLACEMENT: 83.7%

A fairly low replacement project (averaging around $1,500) resales at about ($1,300), making this one of the more popular home improvement projects.

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WINDOW REPLACEMENT (VINYL): 78.7%

Replacing your windows has so many benefits like giving your home a complete facelift, potentially lowering your monthly utility bills, letting light into your home, making a room feel larger– we could go on and on. Now we have yet another reason to consider it: the high recoup.

*Window Replacement (wood): 79.3% scores a smidge higher nationally, but depends greatly on region.

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Choosing energy-efficient replacement windows can help save on your monthly heating and cooling costs too!

SIDING REPLACEMENT (VINYL): 78.2%

The perfect way to make your home look like new. Replacement siding is a big project that pays off big as well. Not only in the way your home looks, but in the money you can recoup. A project that averages around $11,500, resales at about $9,000. It’s all about the curb appeal, people!

siding replacement, vinyl

Get rid of chipped or falling siding and make your home look brand new!

BATHROOM REMODEL: 72.5%

We know, we know, this isn’t categorized as an exterior project so what’s it doing on the list you ask? As one of the most popular renovation projects, it’s important to show the difference between a bathroom remodel and a bathroom addition. Coming in above 70%, a bathroom remodel not only costs less, but also returns more than an addition which is nearly double the cost at $38,000 and resales for about 60% of that.

One of the most common renovation projects, a bathroom remodel can also be done in just 1 day!

One of the most common renovation projects, a bathroom remodel can also be done in just 1 day!

Want to get a quote for your next home improvement project? (IT’S FREE!) Give us a call at, 1-800-ROOM-NOW or go here!

DON’T LEAVE WITHOUT THIS! …

Mother Nature teased us with a glimpse of Spring and now we can’t stop thinking about ditching the heavy casseroles, hot soup and indoor cooking for some brightly – colored, light but satisfying, cooked on the grill meals!

ON THE MENU: GRILLED SHRIMP PIZZA

grilled shrim

What you’ll need:

¾pound medium shrimp, peeled and deveined
1red onion, sliced into rounds
¼cup extra-virgin olive oil, plus more for brushing
½teaspoon dried oregano
 Kosher salt and freshly ground pepper
1pound prepared pizza dough, at room temperature
1cup cherry or grape tomatoes, halved
½cup crumbled feta cheese
2tablespoons chopped fresh parsley

Preheat a grill to medium high. Toss the shrimp and onion in a bowl with the olive oil and oregano. Season with salt and pepper.

Stretch the pizza dough into a roughly 8-by-10-inch rectangle. Lightly brush the grill with olive oil. Lay the dough on the grill and cook until the top begins to bubble and the bottom is marked, about 3 minutes. Remove with tongs and put cooked-side up on a cutting board. Brush with olive oil.

Grill the shrimp and onion, turning, until the onion softens and the shrimp are lightly charred, about 5 minutes. Top the crust with the shrimp and onion, then slide the pizza back onto the grill. Top with the tomatoes and feta, cover and grill until the dough is cooked through and the cheese is soft, about 5 more minutes.

Fairfield, OH
Hopper Window Replacement
Issac & Isabella Garcia
Englewood, OH
Window Replacement
Joyce Stewart
New Paris, OH
Tub-Shower Replacement
John Newman
Bellefontaine, OH
Tub-Shower Combo
Kay Marquis
Mt. Washington, KY
Tub to Shower Conversion
Tom & Georgia Breeding
Mt. Washington, KY
Window Replacement
Tom & Georgia Breeding
Springfield, OH
Tub to Shower Conversion
Jim & Khristeene Richards
Waldo, OH
Garden Tub Removal
Ted & Wanda Davis
Hamilton, OH
Garden Tub Removal
Gibbs Family
Westerville, OH
Tub to Shower Conversion
Carol & Robert Young
Grove City, OH
Tub to Shower Conversion
Michael & Sharen Huffman
Louisville, KY
Window Replacement
Sarah Whittle
Tipp City, OH
Window Replacement
Tabitha Bundenthal
Cincinnati, OH
Window Replacement
Cheryl Raine
Hebron, KY
Window Replacement
Karolyn & Richard Malsi
Cincinnati, OH
Window Replacement
Deedra Rainey
Etna, OH
Bathroom Remodel
Gary & Melody McCardle
Etna, OH
Window Replacement
Gary & Melody McCardle
Marion, OH
Bathroom Remodel
Josephine & Charles Wiseman
Pickerington, OH
Window Replacement
Alan Lancaster
Pickerington, OH
Bathroom Remodel
Alan Lancaster
Upper Arlington, OH
Shower Remodel
Laura & Blake Williams
Marysville, OH
Bathroom Remodel
Amy & Alan Henderson
Columbus, OH
Window Replacement
Bonnie Morgan
Louisville, KY
Window Replacement
Sharon McDermott
Galloway, OH
Window Replacement
Paul Gray
Marysville, OH
Window Replacement
Linda Fyffe
Reynoldsburg, OH
Window Replacement
Keith & Carol Crabtree
Delaware, OH
Bathroom Remodel
Robert & Eileen Richardson
Columbus, OH
Bathroom Replacement
Joanne & Charles Duncan
Whitehall, OH
Bathroom Replacement
Jennifer Baldwin & Mike Ray
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