Highest ROI Home Improvement Projects
Planning to remodel your kitchen, or build that big deck you’ve always wanted? What about upgrading your garage door or entry door? Depending on what home improvement project you have slated for 2018, you may not get out what you put in. In the past, you could expect a decent ROI for most home improvement projects, but recent studies suggest this is no longer the case. So before breaking out the tools, make sure to do some research on what value your project truly has. Remodeling Magazine’s latest Cost vs. Value Report is a good place to start.
Remodeling Magazine’s 2018 report reveals that, based on data collected in 2017, homeowners can expect to make, on average, just over 55% of the money spent on various home improvement projects. However, some projects have more value than others. Check out the top 5 renovations with the highest ROI below:
- Garage Door Replacement: 98.3%
- Manufactured Stone: 97.1%
- Entry Door: 91.3%
- Wooden Deck Addition: 82.8%
- Kitchen Remodel: 81.1%
If you notice, the top 4 projects are all exterior renovations, with a focus on improving your home’s curb appeal. When it comes to your home’s value, curb appeal is becoming increasingly important, and this report speaks to this trend, and explains why a new garage door sits at the top of this list with a ROI of over 98%.
If you decide a new garage door is the right home improvement project for you, contact the experts at RCS Garage Doors for a helping hand. Our team of professionals can help find the ideal door to enhance the curb appeal of your home. Also, check out our garage door designer to help find the garage door of your dreams, and contact us to schedule an installation.