After months of working from home, you may have noticed some areas of your house that need refreshing. Well, before you spend thousands of dollars remodeling your bathroom, it might be helpful to know some of the renovations that return the most at resale. Below we have listed the West Coast’s average recoup values of four renovations that yield a high return on your investment.
Manufactured Stone Veneer: 119.5% Cost Recouped
Also known as faux stone, manufactured stone veneer is a human-made material designed to replicate the look of natural stone. This remodeling project tops our list at an average of 119.5% recouped value at resale. Manufactured Stone Veneer is incredibly versatile. If you are looking to give your house a modern look while retaining a rustic vibe, this remodeling project is perfect. Cultured Stone has more information on Manufactured Stone Veneer projects.
Garage Door Replacement: 117.1% Cost Recouped
We use our garage doors daily, and over the years, they are bound to have some wear and tear. Whether it’s the wood rotting, the track hardware malfunctioning, or just out of date technology, a garage door replacement is a safe investment with an average of 117.1% recouped value at resale. Most homes can benefit from a garage door replacement, but the Spruce can help you decide if you have more questions.
Entry Door Replacement: 87.9% Cost Recouped
Coming in third on our list are steel entry door replacements. Wood doors are beautiful. Unfortunately, they don’t withstand the test of time very well. Installing a new entry door made from steel will guarantee long-lasting beauty for years to come. Along with an 87.9% recoup value at resale, steel doors are a solid investment. Pella is an excellent resource if you are looking into more options on entry door replacements.
Minor Kitchen Remodel: 77.6% Cost Recouped
Everyone loves a kitchen that looks brand new with sparkling appliances and space to cook. A minor kitchen remodel can go a long way. Simply leave cabinets where they are and replace their fronts with new shaker-style wood panels. Then add new, modern hardware. Go a step further by replacing the oven range and the refrigerator with more energy-efficient models. Replace laminate countertops and upgrade your sink and faucet to really make your kitchen shine. Finish with a fresh coat of paint and you’ll be wishing you would’ve done this years ago.
Hopefully, this list gives you the inspiration to get started. And, these suggestions are just the beginning. If a renovation you want isn’t on this list, but it’s something you’ve always dreamt of, then don’t let us stop you from making it come true. For more information, check out Remodel Magazine’s Cost vs. Value Report. If you’re thinking of selling your home, check out our home seller’s checklist.