Published October 6, 2020

11 Best Ways to Upgrade Your New England Home for ROI (2020)

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Written by Lauren Iraeta

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If you're thinking about making an upgrade to your home, be a savvy homeowner by making sure the project adds not only to your enjoyment, but to your pocket when you eventually sell. Whether you're in your home for the long run or will be listing soon, keeping these points in mind will directly add resale value and will create value by simply making buyers more interested. 

Find out the market value of your house!

If you're looking to upgrade your home for immediate resale or if you want to improve your home while keeping future resale in mind, here are the top 11 home projects that recouped the most value in 2020 (according to Remodeling Magazine's 2020 Cost vs. Value Report):

Greatest ROI by Project

1. Garage Door Replacement: 99.5%

            Cost: $3,732

            Resale Value: $3,715

2. Manufactured Stone Veneer: 87.8%

            Cost: $9,626

            Resale Value: $8,453

Before                                                                                     After

 

3. Siding Replacement (Vinyl): 76.6%

            Cost: $15,115

            Resale Value: $11,575

4. Window Replacement (Wood): 75.4%

           Cost: $21,760

           Resale Value: $16,415

5. Minor Kitchen Remodel (Midrange): 74.2%

            Cost: $24,094

            Resale Value: $17,884

6. Siding Replacement (Fiber-Cement): 73.8%

            Cost: $17,905

            Resale Value: $13,221

7. Window Replacement (Vinyl): 72.6%

            Cost: $17,925

            Resale Value: $13,018

8. Deck Addition (Composite): 72.4%

            Cost: $20,758

            Resale Value: $15,033

Before                                                                                         After

 

9. Deck Addition (Wood): 67.5%

            Cost: $14,477

            Resale Value: $9,771

10. Bath Remodel (Universal Design): 66%

            Cost: $35,647

            Resale Value: $23,517

11. Roof Replacement (Asphalt Shingles): 65.8%

            Cost: $27,897

            Resale Value: $18,343


To find out the current estimated value of your Connecticut home for free, visit www.myhomevaluect.com!

To understand how each of these improvements translates to a higher listing price and greater buyer interest, please reach out to us! Contact information below.

Lauren Iraeta

DEDICATED TO EXCEPTIONAL SERVICE! Buying and selling a home is a very personal and emotional time in one's life. Choosing The Lauren Sells Team means you can expect top notch customer service, resulting in a lasting and trusting relationship. We pride ourselves on creating a smooth, distinctive experience for our clients. Reliability, punctuality and professionalism are the root of our business model. Our goal is to achieve a smooth, memorable experience while providing care and guidance through the entire process. Every detail matters from beginning to completion and each client is treated to suit their own requests. Our team members are lifelong residents of CT and bring a wealth of knowledge to your selling or buying experience. We have a passion for meeting new people and are enthusiastic about building our business through referrals. If you, or someone you know, place a high value on the level of service you seek while buying or selling your home, We are the team to choose. Call us today 860-761-3711
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