9 home improvements with the best return on investment

February 22, 2023

Considering a home improvement project, but not sure it is "worth" the time and money? Knowing the average recoup numbers might help in your decision.

 

There are many home improvement plans and projects that homeowners often consider to update their current home – some may be done DIY, others call for a professional. These projects show the hard numbers for what you can expect for a return on investment for common household upgrades.

House with a double garage

Garage door replacement

93% average recoup 

Give your home's exterior a lift by installing a new four-panel garage door and new tracks.

Stone wall and steps outside of a house

Manufactured stone veneer

91% average recoup

Partially replacing vinyl siding with manufactured stone veneer could boost your home's curb appeal. 

Woman wearing safety glasses working with a drill

Minor kitchen remodel

71% average recoup

Kitchen in need of an facelift? Try cosmetic updates: new cabinet doors and hardware; countertops; flooring; sink and faucet. Don't forget to upgrade to energy-efficient appliances.

Basement space under construction

Basement remodel

70% average recoup

Adding extra living space by finishing a basement may add value to your home. Consider updates such as drywall, doors, trim, lighting, flooring – and adding a full bathroom.

Man using drill on window sill

Window replacement

66% to 67% average recoup

Choosing vinyl windows over wood windows may yield a slightly higher resale value. 

Person using a screwdriver on a deadbolt lock

Entry door replacement

64% average recoup

A new exterior steel door and lockset could spruce up your entryway and add resale value to your home.

Man in protective gear painting deck railing

Deck addition

62% to 64% average recoup

Thinking of adding a deck to your outdoor space? Building with composite may be slightly more expensive and recoup slightly less than wood.

Man installing a new bathroom vanity countertop

Bathroom remodel

59% average recoup

Bringing a bathroom up to date? Consider all-new fixtures, a porcelain tub, ceramic tile and vanity counter with a built-in sink.

Woman cleaning up in an attic space

Finished attic

56% average recoup

Converting an attic to living space such as a bedroom or an office may increase a home's resale value. 

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