House Full of Windows Installed for $89/Month!*


Archives
Categories

2020 Home Renovation & Window Replacement Costs

According to Remodeling Magazine’s 2020 Cost vs. Value report, 9 out of 10 of high-return remodeling projects actually focus on the outside appearance of your home. The kitchen still trends near the top of the list, but curb appeal reigns supreme. Sprucing up the exterior of your property proves to be a substantial moneymaker for getting the highest ROI or return on your investment. 

If you are planning on selling or refinancing your home in the near future, there are certain things you might want to place at the top of your to-do list. Whether you are new to house-flipping or are simply trying to add value to your existing property, knowing what areas of the home to target first will really help you get top dollar for your renovation efforts. 

2020 Home Renovation Costs

Believe it or not, replacing your garage doors typically offers homeowners an almost 100% return on the renovation costs at resale and has held the top spot for the last two years. But 2020 revealed that exterior siding inched slightly ahead of garage door replacement when it came to profitable home renovations. 

In real estate, first impressions are everything. The real estate industry provides a wealth of information about buying trends and what elements account for the most impressive cost to value ratio when it comes to home renovations. And in 2020, it appears that paying added attention to your home’s curb appeal is the best way to get the most money out of your initial investment. 

To put things into perspective, the average American home is around 2,500-3,000 square feet. Depending on the quality of materials you are intending on using, whole home renovations for the average home can hit anywhere between $15,000 to $150,000. That is a pretty huge price gap, so let’s review what home renovations snag the highest return on investment so you can prioritize accordingly. 

10 Home Improvement Projects with High ROI

In no particular order, here are 10 home renovation projects that will help you get the most return on your investment. If you’re on a tight budget, choose the projects with a reasonable average cost and high cost recouped percentage to start and then add on additional projects according to your budget. 

Installing eye-catching siding, a new roof, and vinyl window replacement are excellent places to begin. With any leftover money in your renovation budget, you can replace the garage door and install a new front door to really elevate the exterior of your home and enhance curb appeal. This will put you in the most advantageous position when it comes time to sell your home.

1. Fiber Cement Siding Replacement 

Average cost: $17,008

Average resale value: $13,195

Cost recouped: 78%

2. Vinyl Siding Replacement 

Average cost: $14,359

Average resale value: $10,731

Cost recouped: 75%

3. Vinyl Window Replacement 

Average cost: $17,461

Average resale value: $12,761

Cost recouped: 72%

4. Wood Window Replacement

Average cost: $21,495

Average resale value: $14,804

Cost recouped: 68.9%

5. Minor Kitchen Remodel 

Average cost: $23, 452

Average resale value: $18,206 

Cost recouped: 77.6%

6. Garage Door Replacement 

Average cost: $3,695 

Average resale value: $3,491 

Cost recouped: $94.5% 

7. Asphalt Shingle Roof Replacement 

Average cost: $24,700 

Average resale value: $16,287

Cost recouped: 65.9% 

8. Steel Entry Door Replacement 

Average cost: $1,881

Average resale value: $1,294  

Cost recouped: 68.8% 

9. Fiberglass Entryway 

Average cost: $9,254 

Average resale value: $4,930

Cost recouped: 58.6%

10. Bathroom Remodel

Average cost: $21,377

Average resale value: $13,688 

Cost recouped: 64%

 Contact Our Window Replacement & Roofing Professionals Today

*Our new office hours are Monday-Friday 10 am-2 pm.*

During these difficult times, your safety and the safety of our employees is our greatest concern. So, everyone at Window World is working under strict social distancing guidelines to keep you safe. We are answering all calls and giving estimates on all your Windows, Siding, Roofing, Doors, & Gutter projects.

Window World of Boston has an A+ BBB Rating and offers industry-leading solutions for roof replacement, roofing repair, window installation, and vinyl siding. At Window World of Boston, we are providing safe at-home and virtual consultations to protect our customers. Our experts are available to answer your questions and provide estimates while meeting all CDC guidelines when we install windows, roofing, or siding. Learn more about our products, financing options, and warranty or schedule an appointment by calling 781-262-3925 today.

Reader Interactions

Services We Offer
Window World of Boston has an A+ BBB Rating and offers industry-leading solutions for replacement windows, doors, siding and more. We follow through every job from start to completion while our friendly, knowledgeable staff is there to answer your questions and provide any level of customer support you need. Window World is committed to providing the highest customer satisfaction.
Testimonials
Best Company!
Window world is the best company I have ever dealt with. Everything is explained in full and the people are courteous and informative. The installer did a beautiful job...
Sharon R
Pleasantly, Stress Free
My entire experience with Window World was pleasantly, stress free. This was the fourth company I had come to my home to give me an estimate. When the sales rep., David...
Susan Rocco
Extremely Positive Experience
We had nothing but an extremely positive experience with Window World. From the sales people to the installation crew, everyone was very nice, very helpful, and they we...
Howard Kelman
23 Windows Installed
Excellent. I had 23 windows installed and wrapped trim in not even two days. The installation team was professional. I was extremely happy with the quality of the produ...
Anne C
Professional & Courteous
My salesman from Windows world was great! He knew that I knew what I wanted and you didn't try and deter me from it. He listened and got through the whole sales process...
Cheryl Vassil
Very Fair Pricing
Excellent experience. Very fair pricing, great quality windows, and everyone who I spoke to or who came here to do work was extremely friendly. I really can’t say eno...
Lindsay B.
Perfection
Window world was great, from the consultant Ron Hajj to the installers Quentin and Barry I cannot say enough. Perfection, I would definitely recommend Window World to anyone
Jeff Russell
Warranty is Outstanding
I went with Window World after getting a few other quotes but I was referred to them from a friend. The experience was great from the quote to the finished results. Mat...
Tanya Backer
I Would Recommend
The installers arrived at my house on time, and after introducing themselves got right to work. They were very knowledgeable, professional and willing to answer any que...
Ann Mccabe
Difference in the Temperature
Extremely friendly crew and customer service is easy to work with. I can already feel a difference in the temperature of our house.
Nicole Cronin
Caring About Customers
The installers were most efficient, friendly, polite, thorough. They answered all of my questions and engaged in conversation while they kept working. They made sure ev...
John Kurdzionak