A new roof provides a 105 percent cost recovery for homeowners who are looking to sell.
NAR’s Economists’ Outlook ranked the exterior remodeling projects that give owners the best bang for their buck when they sell their homes. While a new roof costs $7,600 on average, it increases a listing’s value by $8,000.
Other projects with great value include new garage doors (87 percent cost recovery), new vinyl siding (83 percent), and new vinyl windows (80 percent). The results are based on NAR’s 2015 Remodeling Impact Report.
New wood windows were found to be the most expensive remodeling project at $26,000. A new steel door was the cheapest upgrade, at $2,000.
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