Top 5 Renovations for Maximum ROI in San Diego
Top 5 Renovations for Maximum ROI in San Diego
July 16th, 2018Whether you're selling your home, purchasing your first home, or you're a homeowner who's planning to stay in your home for awhile, there is value in knowing which home renovations will net you the most return on investment (ROI). Here are the top five home renovations for maximum ROI in San Diego.
#1 Manufactured Stone Veneer
- Cost to complete: $8,829
- Return on Investment: $10,956
- ROI: 124.1%
Project Description:
Replace bottom third of street-facing façade, beginning at garage, and continuing around main entry with adhered manufactured stone veneer.
#2 Entry Door Replacement
- Cost to complete: $1,581
- Return on Investment: $1,946
- ROI: 123.1%
Project Description:
Replace existing entry door with new 20-gauge steel unit, including clear dual-pane half-glass panel.
#3 Garage Door Replacement
- Cost to complete: $3,605
- Return on Investment: $4,175
- ROI: 115.8%
Project Description:
Install new four-section steel garage door with windows in top panel.
#4 Roof Replacement
- Cost to complete: $23,753
- Return on Investment: $26,561
- ROI: 111.8%
Project Description:
Replace roof and install new felt underlayment, galvanized drip edge, and mill-finish aluminum flashing.
#5 Minor Kitchen Remodel
- Cost to complete: $24,286
- Return on Investment: $24,356
- ROI: 100.3%
Project Description:
Update an outmoded kitchen with wood cabinets, including an island; laminate countertops; and standard double-tub stainless-steel sink with standard single-lever faucet. Include energy-efficient range, ventilation system, built-in microwave, dishwasher, garbage disposal, and custom lighting. Add new resilient flooring. Finish with painted walls, trim, and ceiling.
Summary
The top renovations for maximum ROI comes from exterior projects which contribute to curb appeal. The overall average for home renovations in San Diego is 83%. Contact me for more information on which home renovations will help you sell YOUR home.
Data provided is based on the Remodeling 2018 Cost vs. Value Report (www.costvsvalue.com)
© 2018 Hanley Wood Media Inc. Complete data from the Remodeling
2018 Cost vs. Value Report can be downloaded free at www.costvsvalue.com.
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