"Remodeling” magazine issues an annual “Cost vs. Value Report” that highlights the remodeling projects that offer the best bang for your buck.

This year’s report touted the following projects as top on the list as far as return on your investment:

• New Entry Door: replacing your entry door with a modestly priced steel door upgrades both energy efficiency and curb appeal.National average cost: $1,230ROI: 101.8 percent

• Stone Veneer: New to the “Cost vs. Value Report” this year, a project replacing about 300 square feet of existing siding with manufactured stone veneer offers a top return on your remodeling dollars.National average cost: $7,150ROI: 92.2 percent.

• New Garage Door: Choosing a new garage door can really provide a “wow” factor for the exterior of your home. There are a multitude of great styles and choices from plain steel panel doors to doors that mimic real wood.National average cost for midrange steel door: $1,595ROI: 88.4 percent

• Fiber-Cement Siding: Fiber-cement siding is a great option in a coastal area as it offers resistance to termites, moisture and rot, as well as a long-life span. It lends an upscale look to a home.National average cost: $14,014ROI: 84.3 percent

• Wood Deck: Adding an exterior deck is a cost efficient way to increase living area without the high cost of enclosed square footage, and it adds to the “lifestyle” appeal of outdoor living spaces.National average cost: $10,048ROI: 80.5 percent

• Minor Kitchen Remodel: On the “Cost vs. Value Report” list for the past 10 years, a minor kitchen remodel has one of the highest average returns on investment. A minor kitchen remodel would include items such as new cabinet doors and drawer fronts, new appliances, countertop and flooring.National average cost: $19,226ROI: 79.3 percent

• Replacement Windows: Replacing old windows offers energy-efficiency and helps improve appearance.National average cost, 10 midrange vinyl replacement windows: $10,316ROI: 77.5 percent — Lauren Bunting is a licensed realtor with Bunting Realty, Inc. serving Worcester and Wicomico counties.

 

 

Lauren Bunting is a Broker with Keller Williams Realty of Delmarva in Ocean City, Maryland.