Increase Your ROI with these 5 Home Exterior Projects
You’ve put a lot of money into your home, but now you’re thinking about the future, specifically what it’s worth. You always want to optimize your return on investment or ROI when selling your home, fixing the interior and exterior will help your house grow in value, putting money back into your pocket.
Curb appeal goes a long way, catching the eye of a potential home buyer is very important. The exterior of your home will be just as vital in closing on your home as the inside is. Sure people focus on what’s inside the home more often than the outside, but that doesn’t mean the exterior isn’t just as important. Here’s 5 exterior home projects you can do to boost your home’s ROI.
Manufactured Stone Veneer
- Job Cost: $7,519
- Resale Value: $6,988
- Cost Recouped: 92.9%
Cost, overall look, and a variety of colors and designs are just some of the advantages manufactured stone veneer has over natural stone. Stone veneer is a decorative building material that looks just like natural stone.
Garage Door Replacement
- Job Cost: $1,652
- Resale Value: $1,512
- Cost Recouped: 91.5%
Dents, marks, broken or missing parks, cracked paint and inconsistent moving are all signs that you’re ready for a new garage door. Replacing your garage door has a 91.5% ROI, not only will it improve your homes curb appeal, but it helps keep your home safe.
Steel Entry Door Replacement
- Job Cost: $1,335
- Resale Value: $1,217
- Cost Recouped: 91.1%
Freshening up entryways into your home is very important when trying to boost your homes curb appeal. The front door is the first thing a potential buyer will see when they enter, and the last they’ll see when they leave. Your door should be inviting and welcoming. If you notice your door deteriorating or aging out of style then it may be time for a replacement.
Vinyl Siding Replacement
- Job Cost: $14,100
- Resale Value: $10,857
- Cost Recouped: 77%
There are many different options when it comes to siding. You can choose from brick, metal, stone, wood, vinyl and many more. If you choose vinyl, you are not alone. Vinyl siding has become the most popular choice in the country, because of its low cost, low maintenance and versatility. It’s relatively simple to install, and will definitely improve the overall appearance of your home.
Wood Deck Addition
- Job Cost: $10,471
- Resale Value: $7,850
- Cost Recouped: 75%
If you want to expand your living space while not breaking the bank, add a wooden deck. A deck is a perfect addition to a home, it’s extremely useful during the spring and summer months and will add value to your home.
We hope you found these 5 exterior home project ideas helpful in boosting your homes ROI. Remember if you find yourself in need of a dumpster during any of your home remodel projects, call the experts at Dumpster Rental Inc! We service nationwide and provide dumpsters for all types and size home renovations.
