Is your home ready for long summer days of barbeques and lounging? Now is the time to take a look at your exterior and decide if it needs repairs or improvements that will enhance its function and preserve its value. According to the Remodeling magazine 2017 Cost vs. Value Report, the following exterior home improvement projects will also allow you to recoup a large percentage of the project cost when you sell your home.
Entry Door Replacement
Year after year, replacing an old, worn front door with a new steel door is a project that kicks up curb appeal and yields a great payback. In addition to improving aesthetics, a new entry door can also cut down on energy loss.
Average cost recouped: 90.7%
Manufactured Stone Veneer
Manufactured stone veneers are designed to add depth and visual interest to an exterior – however, combining brick and stone on an exterior should be undertaken carefully. Use these color design tips from the Decorologist to coordinate stone veneer with engineered wood siding or other siding materials.
Average cost recouped: 89.4%
Garage Door Replacement
A garage door is a necessity if you’ve got a garage, but it doesn’t have to be all about function. Because garage doors are often one of the most visible parts of a home exterior, installing a stylish garage door can drastically change its look for the better.
Average cost recouped: 76.9%
With innovative siding and house trim products available that offer excellent durability and looks, there’s no reason to continue scraping and repairing traditional wood siding. Many siding products are also available in a variety of profiles, including lap, panel and cedar textured shakes.
Average cost recouped: 76.4%
Adding a beautiful outdoor deck is one of the most popular improvements because it provides a great place for hosting events with friends and spending family time outside.
Average cost recouped: 71.5% (wood) and 65.2% (composite)
A roof is the first line of defense against water damage, making it a vital improvement if it is not in good repair. While expensive, roof replacement provides better curb appeal and makes a home easier to sell.
Average cost recouped: 68.8%
A patio is a great place to go to unwind and relax at the end of the day, and it can also be a respectable investment. Adding a fire pit and kitchen unit gives you another option for food prep when entertaining.
Average cost recouped: 54.9%
Get More for Your Money with LP® SmartSide® Siding Products
If you’re aiming to enhance your home’s curb appeal and protect your property value with siding replacement, LP® SmartSide® engineered wood siding products are a smart investment. We invite you to learn more about LP products by visiting a retailer or dealer near you.