Home Improvement ROI: Which Improvements Add the Most Value?

Maybe you’re about to sell your home and want to get it ready to be put on the market. Or perhaps you just want to maximize the value of your home without spending a fortune in home improvements. Either way, you’ll want to know which home remodeling projects will get you the most bang for your buck.

Image: tic.howstuffworks.com

Here is a list of the 20 home improvement projects with the largest return on investment. All of the prices are estimates compiled by Remodeling Magazine’s Cost vs. Value Report for 2011-2012.

Home improvement Cost Resale value %ROI
Replacing 1,250 square feet of existing siding with fiber-cement siding $13,461 $10,493 78
Replacing existing entry door with 20-gauge steel door and dual-pane, clear, half-glass panel $1,238 $903 73
Replacing 10 standard-sized windows with insulated vinyl windows and matching trim $14,284 $10,368 72.6
Converting attic apace into a 15’x15′ bedroom with bathroom, windows, closet space, and flooring $50,148 $36,346 72.5
Replacing/updating cabinet fronts, flooring, wall oven, cooktop, sink, faucet, wall covering in kitchen $19,588 $14,120 72.1
Replacing existing garage door and tracks with single-layer, uninsulated door and galvanized steel tracks $1,512 $1,087 71.9
Replacing existing garage door and tracks with high-tensile strength steel door and galvanized steel tracks $2,994 $2,129 71.1
Adding 16’x20′ wood deck with stairs, railing, posts, joists, and concrete piers $10,350 $7,259 70.1
Replacing 1,250 square feet of existing siding with foam-backed vinyl siding $14,274 $9,937 69.6
Replacing 1,250 square feet of existing siding with vinyl siding $11,319 $7,692 68
Replacing 10 standard-sized windows with insulated wood windows and matching trim $12,229 $8,258 67.5
Convert basement space into 20’x30′ entertainment area with bathroom, wet bar, and partition $63,378 $42,338 66.8
Replacing/updating all cabinets, counter, lighting, flooring, and appliances in kitchen and adding island $57,494 $37,785 65.7
Adding 16’x20′ composite deck with stairs, railing, bench, planter, posts, joists, and concrete piers $15,579 $9,780 62.8
Adding a 24’x16′ 2nd-floor bedroom w/full bathroom and a 1st-floor family room (plus new HVAC system) $165,796 $103,391 62.4
Replacing/updating tub, shower controls, toilet, counter, cabinet, sink, and tiling in 5’x7′ bathroom $16,552 $10,293 62.2
Removing standard front door, reframing, and installing for larger grand entry with dual sidelights $7,488 $4,554 60.8
Adding 16’x25′ family room with hardwood floor, windows, recessed ceiling lights, and skylights $83,118 $50,004 60.2
Adding 24’x16′ master bedroom suite with walk-in closet, whirlpool tub, separate shower, and 2 sinks $106,196 $62,874 59.2
Replacing 30 squares of existing roofing with fiberglass asphalt shingles with underlayment $21,204 $12,257 57.8

Costs can vary by region, so be sure to see how they compare against bids by contractors where you live.


About the Author

Chelsea Welsh

Chelsea Welsh

National Marketing Manager for Gutter Helmet®, Chelsea Welsh, MBA, has been a part of the Gutter Helmet team for 7 years and in the home improvement industry for over 13 years. Chelsea is a recognized expert in internet marketing strategies for the home improvement industry. She holds an MBA degree with a Master’s Degree in Marketing. She lives in Louisiana and enjoys spending time with her two sons, Christian and Noah. For more from Chelsea, visit the Gutter Helmet® blog.

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