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Cost vs. Value: The Home Improvement Projects With the Highest ROI in 2019 Posted on Jan 22 2019 – 4:57pm by Jameson Doris 336 cost vs. value Remodelers across the country took a hit last summer as the cost of building materials spiked dramatically, and the picture for 2019 isn’t much rosier. The percentage of return on investment (ROI) is projected to trend downward for all the replacement projects listed in Remodeling magazine’s newly-released Cost vs. Value Report. Related: 6 Costs Homeowners Overlook and How to Pay for Them Larger indoor remodel projects took a hit as well, but weren’t impacted as greatly as replacement projects as they rely more on labor costs rather than material costs. “With the increasing costs of building materials and labor, we urge remodelers to think like real estate professionals first,” says Clayton DeKorne, editor-in-chief of Remodeling magazine. “When you adjust your focus to think like a broker first, you can dull clients’ No. 1 pain point—cost—with a discussion of the amount that can be recouped.” Nationally, here are the five projects with the greatest ROI in the report’s mid-range cost category: Manufactured Stone Veneer (94.9% ROI) Average Cost: $8,907 Average Resale Value: $8,449 Minor Kitchen Remodel (80.5% ROI) Average Cost: $22,507 Average Resale Value: $18,123 Deck Addition (Wood) (75.6% ROI) Average Cost: $13,333 Average Resale Value: $10,083 Siding Replacement (75.6% ROI) Average Cost: $16,036 Average Resale Value: $12,119 Entry Door Replacement (Steel) (74.9% ROI) Average Cost: $1,826 Average Resale Value: $1,368 And the five projects with the greatest ROI in the report’s upscale cost category are: Garage Door Replacement (97.5% ROI) Average Cost: $3,611 Average Resale Value: $3,520 Window Replacement (Vinyl) (73.4% ROI) Average Cost: $16,802 Average Resale Value: $12,332 Grand Entrance (Fiberglass) (71.9% ROI) Average Cost: $8,994 Average Resale Value: $6,469 Window Replacement (Wood) (70.8% ROI) Average Cost: $20,526 Average Resale Value: $14,530 Bathroom Remodel (60.2% ROI) Average Cost: $64,743 Average Resale Value: $38,952 Nationally—and on the other end of the spectrum—here are the five projects with the lowest ROI in the mid-range cost category: Backyard Patio (55.2% ROI) Average Cost: $56,906 Average Resale Value: $31,430 Master Suite Addition (59.4% ROI) Average Cost: $130,986 Average Resale Value: $77,785 Bathroom Addition (60.6% ROI) Average Cost: $47,427 Average Resale Value: $28,726 Roofing Replacement (Metal) (60.9% ROI) Average Cost: $38,600 Average Resale Value: $23,526 Major Kitchen Remodel (62.1% ROI) Average Cost: $66,196 Average Resale Value: $41,133 And the five projects with the lowest ROI in the upscale cost category are: Master Suite Addition (50.4% ROI) Average Cost: $271,470 Average Resale Value: $136,820 Bathroom Addition (58.1% ROI) Average Cost: $87,704 Average Resale Value: $51,000 Major Kitchen Remodel (59.7% ROI) Average Cost: $131,510 Average Resale Value: $78,524 Bathroom Remodel (60.2% ROI) Average Cost: $64,743 Average Resale Value: $38,952 Window Replacement (Wood) (70.8% ROI) Average Cost: $20,526 Average Resale Value: $14,530

Remodelers across the country took a hit last summer as the cost of building materials spiked dramatically, and the picture for 2019 isn’t much rosier. The percentage of return on investment (ROI) is projected to trend downward for all the replacement projects listed in Remodeling magazine’s newly-released Cost vs. Value Report.

Related: 6 Costs Homeowners Overlook and How to Pay for Them

Larger indoor remodel projects took a hit as well, but weren’t impacted as greatly as replacement projects as they rely more on labor costs rather than material costs.

“With the increasing costs of building materials and labor, we urge remodelers to think like real estate professionals first,” says Clayton DeKorne, editor-in-chief of Remodeling magazine. “When you adjust your focus to think like a broker first, you can dull clients’ No. 1 pain point—cost—with a discussion of the amount that can be recouped.”

Nationally, here are the five projects with the greatest ROI in the report’s mid-range cost category:

Manufactured Stone Veneer (94.9% ROI)

  • Average Cost: $8,907
  • Average Resale Value: $8,449

Minor Kitchen Remodel (80.5% ROI)

  • Average Cost: $22,507
  • Average Resale Value: $18,123

Deck Addition (Wood) (75.6% ROI)

  • Average Cost: $13,333
  • Average Resale Value: $10,083

Siding Replacement (75.6% ROI)

  • Average Cost: $16,036
  • Average Resale Value: $12,119

Entry Door Replacement (Steel) (74.9% ROI)

  • Average Cost: $1,826
  • Average Resale Value: $1,368

And the five projects with the greatest ROI in the report’s upscale cost category are:

Garage Door Replacement (97.5% ROI)

  • Average Cost: $3,611
  • Average Resale Value: $3,520

Window Replacement (Vinyl) (73.4% ROI)

  • Average Cost: $16,802
  • Average Resale Value: $12,332

Grand Entrance (Fiberglass) (71.9% ROI)

  • Average Cost: $8,994
  • Average Resale Value: $6,469

Window Replacement (Wood) (70.8% ROI)

  • Average Cost: $20,526
  • Average Resale Value: $14,530

Bathroom Remodel (60.2% ROI)

  • Average Cost: $64,743
  • Average Resale Value: $38,952

Nationally—and on the other end of the spectrum—here are the five projects with the lowest ROI in the mid-range cost category:

Backyard Patio (55.2% ROI)

  • Average Cost: $56,906
  • Average Resale Value: $31,430

Master Suite Addition (59.4% ROI)

  • Average Cost: $130,986
  • Average Resale Value: $77,785

Bathroom Addition (60.6% ROI)

  • Average Cost: $47,427
  • Average Resale Value: $28,726

Roofing Replacement (Metal) (60.9% ROI)

  • Average Cost: $38,600
  • Average Resale Value: $23,526

Major Kitchen Remodel (62.1% ROI)

  • Average Cost: $66,196
  • Average Resale Value: $41,133

And the five projects with the lowest ROI in the upscale cost category are:

Master Suite Addition (50.4% ROI)

  • Average Cost: $271,470
  • Average Resale Value: $136,820

Bathroom Addition (58.1% ROI)

  • Average Cost: $87,704
  • Average Resale Value: $51,000

Major Kitchen Remodel (59.7% ROI)

  • Average Cost: $131,510
  • Average Resale Value: $78,524

Bathroom Remodel (60.2% ROI)

  • Average Cost: $64,743
  • Average Resale Value: $38,952

Window Replacement (Wood) (70.8% ROI)

  • Average Cost: $20,526
  • Average Resale Value: $14,530

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