Sellers: 2019 Highest ROI Home Improvement Projects

Dated: 01/25/2019

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Cost vs. Value: The Home Improvement Projects With the Highest ROI in 2019

The cost of building materials spiked dramatically in 2018. Larger indoor remodel projects weren't impacted as greatly as replacement projects since they rely more on labor costs rather than material costs.

With the increasing costs of building materials and labor, we urge remodelers to think like real estate professionals first.  Adjust your focus to think about the amount that can be recouped.

Nationally, here are the five projects with the greatest ROI in the report's mid-range cost category:

Manufactured Stone Veneer (94.9% ROI)

Minor Kitchen Remodel (80.5% ROI)

Deck Addition (Wood) (75.6% ROI)

Siding Replacement (75.6% ROI)

Entry Door Replacement (Steel) (74.9% ROI)

 

And the five projects with the greatest ROI in the report's upscale cost category are:

Garage Door Replacement (97.5% ROI)

Window Replacement (Vinyl) (73.4% ROI)

Grand Entrance (Fiberglass) (71.9% ROI)

Window Replacement (Wood) (70.8% ROI)

Bathroom Remodel (60.2% ROI)

Nationally—and on the other end of the spectrum—here are the five projects with the lowest ROI in the mid-range cost category:

Backyard Patio (55.2% ROI)

Master Suite Addition (59.4% ROI)

Bathroom Addition (60.6% ROI)

Roofing Replacement (Metal) (60.9% ROI)

Major Kitchen Remodel (62.1% ROI)

And the five projects with the lowest ROI in the upscale cost category are:

Master Suite Addition (50.4% ROI)

Bathroom Addition (58.1% ROI)

Major Kitchen Remodel (59.7% ROI)

Bathroom Remodel (60.2% ROI)

Window Replacement (Wood) (70.8% ROI)

The 2019 Cost vs. Value Report surveyed more than 3,200 real estate professionals about returns for 22 popular renovation projects in 136 different U.S. housing markets—up from 100 markets last year. View the full report, including project descriptions and city-level data, here.


Looking to sell your home? Get info on your home's value.

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Courtney Silverman

• I KNOW RESIDENTIAL REAL ESTATE • Full-time top producing Real Estate Professional 18 yrs+ • Marketing, Negotiating skills, Competence & Ethical standards • Get your home sold - ASAP for top ....

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