According to Remodeling’s Cost vs. Value Report 2018, a new quality roofing system has an ROI of around 70%. What this means is you will recoup approximately 70% of every dollar you spend on installing a new roof when you eventually sell your home. And, because a new roof has an average lifespan of 20 or more years, installing a new roof is certainly a home improvement that is worth the upfront investment. Furthermore, when negotiating for the sale of your home many home buyers will scrutinize the condition of your roof and new, sound roof can be a very attractive feature.
Siding not only changes the appearanc e of your your home; it can effect your utility bills and your bottom line! You can expect to recoup 83% of an investment in new vinyl siding at resale, according the NAR's 2015 Remodeling Impact Report.
And according to a report by CNBC, vinyl siding can recoup up to 89% of its initial cost when the time comes to sell your home.
According to a 2015 Cost vs Value report, replacing your old front door with a new steel entry door can yield a ROI of 98%. Having a front door that effectively insulates against the elements can help with cooling and heating costs, so you can get back even more than you’ve invested once you take into consideration the reduction in utility costs.
Aesthetically, since it is the main entrance and focal point of your home, upgrading your front door can increase curb appeal and create a wonderful impression for anyone who visits with the intention of buying your property. A new door will always beat an old, squeaky one!
Replacing your windows is a good investment. More energy efficient windows will help keep you and your family comfortable in your home and reduce your energy bills. This alone is certainly worth the cost. Higher market value, potential energy savings and increased home comfort, replacement windows are certainly worth the cost. This is particularly true if you have outdated or inefficient windows that are not working at their optimal performance.