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These home renovations will give you the best return

Posted on July 24, 2021 by Community Real Estate

Source: CNBC

With the pandemic making outdoor spaces more valued than ever, homeowners looking to renovate should consider projects that give you the best return on your investment.

The projects that offered the greatest returns in resale value were related to curb appeal. A garage door replacement showed a 94% return on investment. Manufactured stone veneer came in second with a 92% return, and a minor kitchen remodel offered a 72% return on investment. Adding a back deck, highly popular with homeowners in the past year, gives a 66% return on investment for wood and a 63% return for composite.

Other projects with high returns include vinyl window and siding replacement as well as upgrading to a steel front door.

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