Exterior remodeling projects can increase homeowners happiness once completed and also appeal to home buyers when they sell their home. Here are the top 6 exterior projects ranked in a remodeling impact research report from The National Association of Realtors with summaries of likely cost recovery and consumers’ viewpoint in the result.
The statistical analysis and data branch of the National Association of Realtors has put forth data on the best exterior remodeling projects that can help increase the value of your home, so you get more money when you sell.
The 2022 Remodeling Impact Report, an examination of both interior and exterior projects, surveyed Realtors, consumers who have taken on home renovation projects, and members of the National Association of the Remodeling Industry.
Realtors were asked to rank exterior projects in terms of their appeal to buyers. New roofing,
new vinyl windows, and new siding topped the list.
Joy Score
Realtors opinions varied somewhat from those of homeowners. A Joy Score was calculated
for each project based on the happiness homeowners reported with their renovations. Exterior
projects with the highest Joy Scores were new front door, new windows, and new roofing.
I’m Thinking About Selling – What Should I Do?
Every home is unique and home remodeling projects vary greatly depending on your home’s condition. Considering talking to an experienced Robert Paul Properties Realtor who can help you plot the best course for remodeling and selling your home to earn top dollar.
Interior Remodeling Projects
The National Association of Realtors also looked at interior remodeling projects. Learn more below.
*Disclaimer: The report provides a cost recovery estimate for representative remodeling projects. The actual cost of each remodeling projects and cost recovery are influenced by many factors including project design, quality of materials, location, age and condition of the home and homeowner preferences.