{"id":16243,"date":"2020-08-06T15:15:00","date_gmt":"2020-08-06T22:15:00","guid":{"rendered":"http:\/\/www.roryc.ca\/blog\/?p=16243"},"modified":"2020-08-04T19:22:03","modified_gmt":"2020-08-05T02:22:03","slug":"the-best-roi-outdoor-upgrades","status":"publish","type":"post","link":"https:\/\/www.roryc.ca\/blog\/2020\/08\/the-best-roi-outdoor-upgrades\/","title":{"rendered":"The Best ROI Outdoor Upgrades"},"content":{"rendered":"<p style=\"text-align: justify;\">Many of us are focused on home this summer. One great way to take advantage of the warm weather is to make improvements to the exterior of your house.<\/p>\n<p style=\"text-align: justify;\">On the whole, remodeling is more a consumption purchase than an investment. Rare is the remodeling project that recoups 100% of the cost. And even fewer remodeling jobs actually make money for the homeowner. A remodel, instead, lets you enjoy an upgraded home, or prepare your place for resale.<\/p>\n<p style=\"text-align: justify;\">On the whole, remodeling is more a consumption purchase than an investment. Rare is the remodeling project that recoups 100% of the cost. And even fewer remodeling jobs actually make money for the homeowner. A remodel, instead, lets you enjoy an upgraded home, or prepare your place for resale.<\/p>\n<p style=\"text-align: justify;\">Nevertheless, some projects pay back better than others.<\/p>\n<p style=\"text-align: justify;\">Remodeling Magazine, which assesses home improvements for their return on investment for its annual Cost Vs. Value report, rates the following upgrades as the best uses of exterior remodeling dollars in 2020. All numbers represent national averages.<\/p>\n<p style=\"text-align: justify;\">1. New manufactured stone veneer<br \/>\n\u2022 Cost recouped : 95.6%<br \/>\n\u2022 Project cost : $9,357<\/p>\n<p style=\"text-align: justify;\">2. Garage door replacement<br \/>\n\u2022 Cost recouped : 94.5%<br \/>\n\u2022 Project cost : $3,695<\/p>\n<p style=\"text-align: justify;\">3. Fiber-cement siding replacement<br \/>\n\u2022 Cost recouped: 77.6%<br \/>\n\u2022 Project cost : $17,008<\/p>\n<p style=\"text-align: justify;\">4. Vinyl siding replacemen<br \/>\n\u2022 Cost recouped: 74.7%<br \/>\n\u2022 Project cost: $14,359<\/p>\n<p style=\"text-align: justify;\">5. Vinyl window replacements<br \/>\n\u2022 Cost recouped : 72.3%<br \/>\n\u2022 Project cost : $17,641<\/p>\n<p style=\"text-align: justify;\">6. New wood deck<br \/>\n\u2022 Cost recouped : 72.1%<br \/>\n\u2022 Project cost : $14,360<\/p>\n<p style=\"text-align: justify;\">7. Wood window replacements<br \/>\n\u2022 Cost recouped : 68.9%<br \/>\n\u2022 Project cost : $21,495<\/p>\n<p style=\"text-align: justify;\">8. Steel entry door replacement<br \/>\n\u2022 Cost recouped : 68.8%<br \/>\n\u2022 Project cost : $1,881<\/p>\n<p style=\"text-align: justify;\">9. New composite deck<br \/>\n\u2022 Cost recouped : 66.8%<br \/>\n\u2022 Project cost : $19,856<\/p>\n<p style=\"text-align: justify;\">10. Asphalt-shingle roofing replacement<br \/>\n\u2022 Cost recouped : 65.9%<br \/>\n\u2022 Project cost : $24,700<\/p>\n<p style=\"text-align: justify;\">At the other end of this spectrum is a fiberglass \u201cgrand\u201d entrance. This project entails removing the existing front door of a home and widening the opening to fit a new fiberglass door with matching sidelight panels on both sides.<\/p>\n<p style=\"text-align: justify;\">But a fiberglass grand entrance has the lowest return of any exterior project in Remodeling Magazine\u2019s 2020 report. Researchers found that it pays back only about half \u2014 53.3% \u2014 of its $9,254 average cost.<\/p>\n<p style=\"text-align: justify;\"><a href=\"https:\/\/www.msn.com\/en-us\/money\/realestate\/the-10-best-outdoor-home-upgrades-for-your-money\/ar-BB17rOt1\" target=\"_blank\" rel=\"noopener noreferrer\">The 10 Best Outdoor Home Upgrades for Your Money<\/a> by Marilyn Lewis | MSN Real Estate<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Many of us are focused on home this summer. One great way to take advantage of the warm weather is to make improvements to the exterior of your house. On &hellip; [<a href=\"https:\/\/www.roryc.ca\/blog\/2020\/08\/the-best-roi-outdoor-upgrades\/\">read more<\/a>]<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[10],"tags":[],"class_list":["post-16243","post","type-post","status-publish","format-standard","hentry","category-home-lifestyle"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>The Best ROI Outdoor Upgrades &#8226; Rory C Real Estate | Oakwyn Realty<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.roryc.ca\/blog\/2020\/08\/the-best-roi-outdoor-upgrades\/\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:title\" content=\"The Best ROI Outdoor Upgrades &#8226; Rory C Real Estate | Oakwyn Realty\" \/>\n<meta name=\"twitter:description\" content=\"Many of us are focused on home this summer. 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