Replacing the roof may be the most important upgrade your client can make to the exterior of his or her home, according to the National Association of REALTORS®’ 2017 Remodeling Impact Report. The report takes a look at the cost of the most common exterior and interior renovation projects and gauges how appealing they are to home buyers at resale.

REALTORS® ranked new roofing, vinyl windows, and garage door as the three exterior projects that have the most appeal to buyers. Based on the potential for return-on-investment, the following exterior projects offer the best chances for the biggest returns at resale, according to the report.

New roofing
• Cost estimate : $7,500
• REALTORS®’ estimated cost recovered : $8,150
• Percent of value recovered from the project : 109%

New garage door
• Cost estimate : $2,300
• REALTORS®’ estimated cost recovered : $2,000
• Percent of value recovered from the project : 87%

New fiber-cement siding
• Cost estimate : $18,000
• REALTORS®’ estimated cost recovered : $15,000
• Percent of value recovered from the project : 83%

New vinyl windows
• Cost estimate : $18,975
• REALTORS®’ estimated cost recovered : $15,000
• Percent of value recovered from the project : 79%

New steel front door
• Cost estimate : $2,000
• REALTORS®’ estimated cost recovered : $1,500
• Percent of value recovered from the project : 75%

New vinyl siding
• Cost estimate : $13,350
• REALTORS®’ estimated cost recovered : $10,000
• Percent of value recovered from the project : 75%

New fiberglass front door
• Cost estimate : $2,700
• REALTORS®’ estimated cost recovered : $1,800
• Percent of value recovered from the project : 67%

New wood windows
• Cost estimate : $35,000
• REALTORS®’ estimated cost recovered : $20,000
• Percent of value recovered from the project : 57%

Click here to view the 2017 Remodeling Impact Report.

8 Exterior Renovation to Boost A Home’s Value by RealtorMag