Planning your remodel and want make sure you’re spending your hard-earned cash wisely? Each of these replacements and upgrades earned top honors in Remodeling magazine’s latest Cost vs. Value Report* for having the biggest bang for your buck — giving you the best return on your home improvement dollar while preserving the value of your home.
#1: Tough-as-Nails Siding Replacement:
Durable, weatherproof, fireproof, and resistant to insects and decay, fiber-cement siding is a popular trend for siding replacement. One of its key benefits is stability — it doesn’t shrink and expand with changes in temperature and humidity. Exterior paint and caulking jobs last longer, contributing to low-maintenance exteriors.
National average cost, replace 1,250 sq. ft. of existing siding with fiber-cement siding, including all trim: $13,461*
Value at resale: $10,493*
Percent of investment recouped: 78%*
*Based on a national survey of REALTORS® who provide value estimates for specific, hypothetical projects. Of course, the value of any project at resale is subject to a various unpredictable factors, including the condition of the home, the value of similar homes nearby, and the rate at which property values in the surrounding area are fluctuating.
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