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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.
Garage door replacement
93% average recoup
Give your home's exterior a lift by installing a new four-panel garage door and new tracks.
Manufactured stone veneer
91% average recoup
Partially replacing vinyl siding with manufactured stone veneer could boost your home's curb appeal.
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 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.
Window replacement
66% to 67% average recoup
Choosing vinyl windows over wood windows may yield a slightly higher resale value.
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.
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.
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.
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.
Ready for your next project? Explore our home improvement loan options to help pay for it.
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