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Renovations
THAT ADD VALUE TO YOUR HOME ome of the best home renovations — think an updated kitchen, new deck or remodeled bathroom — can get pricey. That’s why it’s helpful to know what kind of return you might expect before you decide to take on a remodeling project.
The 2020 Cost vs. Value Report from Remodeling magazine looked at 101 U.S. markets and compared the average cost of 22 remodeling projects to see which retains its value at resale, based on a survey of 3,000 real estate agents and firms. Here are the six home remodeling
projects that deliver the highest returns. MANUFACTURED STONE VENEER Average cost: $9,357 Average resale value: $8,943 Cost recouped: 95.6 percent Replacing vinyl siding with stone
veneer on part of your home, such as an entryway, is a big curb-appeal upgrade. The average cost estimate is based on factors such as installing 36 linear feet of sills, 40 linear feet of corners and one address block, and materials including two separate layers of a water-re-
