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8 Exterior Renovations to Boost a Home’s Value

Monday, October 2, 2017   /   by Carlos J Higareda

8 Exterior Renovations to Boost a Home’s Value




Replacing the roof may be the most important upgrade your client can make to the exterior of his or her home, according to the National Association of REALTORS®’ 2017 Remodeling Impact Report. The report takes a look at the cost of the most common exterior and interior renovation projects and gauges how appealing they are to home buyers at resale.



Read more: Kitchen Remodels Offer Big Paybacks at Resale


REALTORS® ranked new roofing, vinyl windows, and garage door as the three exterior projects that have the most appeal to buyers. Based on the potential for return-on-investment, the following exterior projects offer the best chances for the biggest returns at resale, according to the report.


New roofing



    • Cost estimate: $7,500

    • REALTORS®’ estimated cost recovered: $8,150

    • Percent of value recovered from the project: 109%


New garage door



    • Cost estimate: $2,300

    • REALTORS®’ estimated cost recovered: $2,000

    • Percent of value recovered from the project: 87%


New fiber-cement siding



    • Cost estimate: $18,000

    • REALTORS®’ estimated cost recovered: $15,000

    • Percent of value recovered from the project: 83%


New vinyl windows



    • Cost estimate: $18,975

    • REALTORS®’ estimated cost recovered: $15,000

    • Percent of value recovered from the project: 79%


New steel front door



    • Cost estimate: $2,000

    • REALTORS®’ estimated cost recovered: $1,500

    • Percent of value recovered from the project: 75%


New vinyl siding



    • Cost estimate: $13,350

    • REALTORS®’ estimated cost recovered: $10,000

    • Percent of value recovered from the project: 75%


New fiberglass front door



    • Cost estimate: $2,700

    • REALTORS®’ estimated cost recovered: $1,800

    • Percent of value recovered from the project: 67%


New wood windows



    • Cost estimate: $35,000

    • REALTORS®’ estimated cost recovered: $20,000

    • Percent of value recovered from the project: 57%


—REALTOR® Magazine

eXp Realty
Carlos Higareda
719 Virginia Ave, Suite 101
Indianapolis, IN 46203
317-590-2901
317-881-3700

The source of the Licensed Listings is BLC® listing service. The Licensed Listings are confidential information of BLC® listing service. The BLC® listing information is provided by the Metropolitan Indianapolis Board of REALTORS® from a copyrighted compilation of listings. The compilation of listings and each individual listing are © 2020 Metropolitan Indianapolis Board of REALTORS® All Rights Reserved. The information provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.
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