Exterior Projects with the Highest ROI

One of the easiest ways to figure out what projects are top priority is to examine the return on investment (ROI) of each. The ROI is the percentage amount of the initial cost a homeowner can expect to recoup – like a discount that is applied over time. Remodeling Magazine puts out an annual “Cost vs Value” report annually; listing exterior renovation projects as seven of the top ten project with the best ROI. What is great about exterior project is that they not only add awesome curb appeal, and have high ROI hey also pretext your home from unnecessary damage.

Roof Replacement: ROI – 102-109%

A new roof is the best return on investment that a homeowner can make. By talking to a trusted contractor you are able to choose the right materials to pay for itself in the long run. Asphalt shingles are the most popular choice in the Midwest for reroofing. Metal (properly installed) is also a suitable option to have the best ROI.

Siding Replacement: ROI – 62-70%

Siding has the largest visual impact to your home. In fact, old and worn siding can decrease a home’s value by up to 10%. Siding advancements in the past couple decades means a longer life and less maintenance. Not only does siding replacement have a decent ROI it also helps the chances of your home being sold quicker solely based on curb appeal.

Manufactured Stone Veneer: ROI – 88%

We love the look of a nice stone veneer! This high-end look runs at a fraction of the cost of real stone and is easy to maintain. In the past few years the ROI of manufactured stone veneer has risen to one of the top exterior options. Pair a siding replacement with stone and you’ve got a great ROI impact.

Viynl Window Replacement: ROI – 74.4%

Double and triple-pane windows increase the ROI value because of the added insulation they provide to the home. New windows add functionality and play a major role in helping the home maintain a consistent temperature – the homeowners end up saving money on heating and cooling costs as well. Choosing a trusted, licensed professional will hep you maintain a high ROI on exterior renovations in the long run. Young Construction offers free estimates on all these exterior remodel project and more!
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