If your home is your castle, your yard is your kingdom. After giving your yard a much-needed overhaul, you need a place to watch over you handiwork. How about that deck or patio you’ve been dreaming of?
The cost of a patio: $6,400
The return: 102% at $6525
The cost of a deck: $9,450
The return: 106% at $10,000
Insulation is tucked out of sight, so it’s often out of mind — that is, until you’re forced to wear your parka indoors because it’s sooo darn cold.
The cost: $2,100
The return: 95% at $2,000 plus the added savings on heating and cooling costs
#6 New Garage Door
No surprise that a garage door replacement project made it onto this #winning list — a new garage door provides a big boost for your home’s curb appeal at a relatively modest cost.
The cost: $2,300 (for a two-door)
The return: 87% at $2,000
There are options galore, too. A host of factory-finish colors, wood-look embossed steel, and glass window insets are just some of the possibilities that’ll give your doors bankable personality.
#7 Vinyl Siding
In any color! And never paint again.
Those are two of the three benefits of vinyl siding. The third, of course, is your home’s value.
But if long-time homeowners look at you funny when you mention vinyl siding, just tell them that today’s vinyl is way better than what they remember because of fade-resistant finishes and transferable lifetime warranties.
The cost: $12,000
The return: 83% at $10,000
Want fiber-cement siding instead? It also shows a strong payback of 79%. Although it’s the pricier option — you’ll spend $19,100 — it has one thing vinyl still lacks — the perception of quality.
And quality matters. In a survey from the National Association of Home Builders (NAHB), “quality” was the one of the most important traits that home buyers focused on when house hunting.