Many of us are focused on home this summer. One great way to take advantage of the warm weather is to make improvements to the exterior of your house.
On the whole, remodeling is more a consumption purchase than an investment. Rare is the remodeling project that recoups 100% of the cost. And even fewer remodeling jobs actually make money for the homeowner. A remodel, instead, lets you enjoy an upgraded home, or prepare your place for resale.
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Nevertheless, some projects pay back better than others.
Remodeling Magazine, which assesses home improvements for their return on investment for its annual Cost Vs. Value report, rates the following upgrades as the best uses of exterior remodeling dollars in 2020. All numbers represent national averages.
1. New manufactured stone