cost vs value 2024

Improving your home from the inside out can save you energy, increase curb appeal, and even enhance your quality of life. But what about home remodeling return on investment? What home improvement projects will give you the best return for your money?

If you’re upgrading your exterior in 2024, we have the most recent data for you. Each year, Remodeling Magazine releases its Cost vs. Value Report. The report showcases the best (and worst) of all home improvement upgrades in terms of return on investment. Estimated spending for home remodeling in the US for 2024 is $485 billion.

With housing prices still rising, remodeling your home can make more sense than moving in some situations. This is especially true with home interest rates still hovering around 7%.

Let’s not forget the cost of purchasing a new home. In 2024, the median home price in New England is$410,000.

In 2024, exterior remodeling products rank among the top 10 ROI upgrades amid soaring home-buying interest rates and home prices. Exterior remodeling is a more cost-effective alternative to buying a new home. It boosts energy efficiency, style, and functionality while adding value and potentially raising resale prices.

 

Best Upgrades for Home Improvement Projects (Return on Investment):

Siding (fiber cement) – 121%

Siding (vinyl) – 118.3%

Fiberglass entry door – 97.7%

Vinyl windows – 85.8%

Asphalt roof – 56.7%

Metal roof – 48.3%

 

Fiber Cement Siding – 121%

james hardie before and after

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Imagine installing a new house siding that’s durable, long-lasting, and the most beneficial for return on investment. It’s possible with fiber cement siding such as James Hardie.

James Hardie is one of New England’s most popular siding options, made from some natural components, including sand and cellulose fibers. In addition to its incredible return on investment, homeowners are upgrading to Hardie® for reasons such as:

  • Serves as a suit of armor against hurricanes, rain storms, strong winds, extreme heat, UV rays, humidity, snow, hail, freezing temperatures, and more.
  • Hardie® complements architectures of all types, including Contemporary, Cape Cod, Ranch, Cottage, and Mid-Century Modern.
  • Low-maintenance exterior–perfect for those with a high curb appeal standard.
  • ColorPlus® Technology finishes offer superior UV resistance to protect against fading.
  • Hardie® is made to last. The product has a 30-year non-prorated limited warranty, and ColorPlus Technology® finishes have color warranties that offer 15 years of protection.
  • Made with renewable resources

See Coastal’s Hardie® Home Transformations

With a return on investment of 121%, you might wonder about the style opportunities in store for your home. Aside from seeing your home for free in 3D with Hover technology, you can take a look at our customer portfolios with Hardie® home transformations:

Coastal Windows & Exteriors is a James Hardie Elite contractor and James Hardie Service Excellence Award Winner. We carry James Hardie products with over 30 colors and numerous profiles, including the popular Statement Collection. Choose us for your fiber cement siding upgrade, bringing the quality and joy of James Hardie to every New England home.

Vinyl Siding – 118.3%

 

 

 

 

 

 

 

 

 

 

 

 

 

Another incredibly impressive home upgrade for return on investment is vinyl siding. However, keep in mind that not all vinyl siding is created equal. There are varying ranges of quality, which directly impact the siding’s appearance and performance.

Key indicators of quality vinyl siding include durability, energy efficiency, UV resistance, and consistent color throughout. Quality vinyl siding installation by local siding companies can bring you benefits such as:

  • There are no maintenance expenses for sanding or staining.
  • Eliminates the need for repainting wood siding, which can cost up to$12,000.
  • Homeowners usually need to repaint wood siding every five years, raising the lifetime cost of maintaining wood siding.
  • While a paint job isn’t permanent, ChromaTrue technology maintains vinyl’s vibrant colors while looking fresh for many years.
  • Installing insulated vinyl siding and house wrap can reduce your energy bills by up to 11%.
  • Complements nearly all New England home styles.

Vinyl Siding Home Transformations by Coastal Windows & Exteriors

Coming with a sky-high return on investment and transformative curb appeal, it’s no wonder why so many homeowners upgrade with quality vinyl siding. See some of the most impressive and exciting exterior upgrades in our featured portfolios below:

We have over two dozen color options and many profiles, such as vinyl cedar shakes and scallops. Certified by the Vinyl Siding Institute, our siding installation can improve home performance and resale value.

Fiberglass Grand Entry Door for Enhanced Curb Appeal – 97.7%

Doors_Signet® 002CP-437 Knotty Alder In Caramel

Fiberglass front doors are in the spotlight with a 97.7% return on investment. While this is a smaller-scale upgrade compared to new siding, new entry doors make a statement on New England homes while protecting your family and even increasing home value.

Experience the best value and return on investment with doors that offer:

  • A polyurethane foam core brings excellent insulation that helps reduce heat transfer indoors and outdoors.
  • Minimal upkeep with resistance to warping, rotting, and rusting. Unlike wooden doors, they do not need regular painting or staining to maintain their appearance and durability. This saves homeowners both time and money on maintenance expenses.
  • Highly resistant to the elements, including harsh New England winters, and can withstand extreme temperature fluctuations. Their long-lasting performance means homeowners can save on potential repair and replacement costs.
  • Choose from a huge assortment of colors for your new door. You can have your door in any color from the Sherwin-Williams catalog!

Enjoy ProVia fiberglass entry door installation in your New England home from Coastal Windows & Exteriors. Enhance your home security with Impact-Shield and a 20-gauge kick plate for storm protection and burglary deterrence. Fiberglass doors are maintenance-free and designed to lower energy bills with foam-filled cores. Homeowners benefit from excellent energy efficiency with a durable, non-warping threshold and increased durability from corrosion-resistant rollers and heavy-duty hinges. Choose from various colors, styles, and decorative options for a personalized touch.

Fiberglass Entry Door Transformation by Coastal Windows & Exteriors 

I am looking for inspiration to overhaul your entry door. With a 97.7% return on investment, this is a wise upgrade for any New England homeowner. 

Vinyl Windows – 85.8% 

home remodeling return on investment

 

 

 

 

 

 

 

 

 

 

 

 

 

When you need new windows for your home, you might wonder how to get the best out of your investment. Luckily, replacement windows are one of the top upgrades you can make for your home, with an 85.8% return on investment. This is a considerable increase from last year’s data, where Windows offered a 71.5% ROI in 2023.

New window installation exceeds Energy Star’s 7.0 requirements and will keep your home comfortable while saving energy. Homeowners can enjoy savings of over $500 each year when upgrading from single-pane windows to triple-pane!

Get decades of enjoyment out of quality vinyl replacement windows that offer:

  • Energy Efficiency: Reduce heating and cooling costs with superior insulation.
  • Durability: Withstand harsh weather conditions and resist fading, chipping, and peeling.
  • Low Maintenance: Easy to clean and maintain, requiring minimal upkeep over the years.
  • Enhanced Curb Appeal: Improve the look of your home with a variety of styles and finishes to choose from.
  • Noise Reduction: Enjoy a quieter home environment with improved sound insulation. Triple-pane windows offer a third pane of glass as a sound reduction barrier.
  • Increased Home Value: Boost your property’s value with high-quality, long-lasting windows.
  • Easy Installation: Professional installation ensures a perfect fit and seamless integration.

Home Transformations with Replacement Windows

We help countless New England homeowners by making their homes more beautiful and energy-efficient. As a local window contractor, we’d love you to check out some of our window installation projects below:

Asphalt Roof – 56.7% 

eco friendly asphalt roof

Crafted from high-quality materials, asphalt roofs offer a lot for your investment. GAF asphalt shingles are designed to endure extreme weather conditions, including heavy snow, rain, and wind, ensuring your home is protected year-round.

These shingles have advanced coatings that resist fading and algae growth, maintaining their fresh, attractive appearance over time. GAF asphalt roofs provide superior defense against the elements, combining robust performance with aesthetic versatility. As an energy-efficient roofing system, you can enjoy a comfortable home without the stress of leaks or mold growth.

With new asphalt roof installation, you can experience and enjoy:

  • Durable Shingles: The first line of defense against the elements, protecting from rain, snow, and wind to keep your home safe and secure.
  • Energy Efficiency: Lifetime shingles help maintain consistent attic temperatures, reducing the strain on your HVAC system and lowering utility bills.
  • Roof Deck Protection: An additional layer that seals the home’s envelope, preventing water infiltration that can cause roof failure and higher energy bills.
  • Improved Insulation: Quality roof deck protection prevents excess water damage to attic insulation, maintaining its effectiveness and energy efficiency.
  • Proper Ventilation: Essential for energy efficiency, adequate roof ventilation keeps the attic close to outdoor temperatures, reducing HVAC workload and preventing ice dams in winter.
  • Balanced Airflow: Intake and outtake vents ensure proper air circulation, preventing attic overheating in summer and maintaining roof integrity during winter.
  • Optimal Ventilation Ratio: Attic ventilation and airflow prevent issues like high energy bills or ice dams during the winter.

Asphalt Roofing Before and After

A new asphalt roof can make a major difference to your home. If you are looking for some ideas on making an impact on curb appeal and home performance, take a look at some of our previous roofing projects:

Metal Roofing – 48.3%

new roof from Coastal Windows & Exteriors

Metal roofing is also one of the best investments you can make for your home–and they’re a great way to make a statement on your curb appeal. Made from high-quality materials, metal roofs are designed to withstand extreme weather conditions, including heavy snow, rain, and wind, ensuring long-lasting protection for your home.

The metal panels are coated with advanced finishes that resist fading, rust, and corrosion for added peace of mind. This is key to maintaining their vibrant appearance for decades. It’s the ultimate defense against Mother Nature!

  • Exceptional Durability: High-quality metal roofs are designed to withstand extreme weather conditions, including heavy snow, rain, and wind, ensuring long-lasting protection for your home.
  • Energy Efficiency: Metal roofing reflects solar heat, keeping your home cooler in the summer and reducing cooling costs.
  • Low Maintenance: Metal roofs resist fading, rust, and corrosion, maintaining their vibrant appearance with minimal upkeep.
  • Enhanced Curb Appeal: Available in various colors, metal roofing can give your home a modern, sophisticated look. Metal roofs give you a unique appearance for your home’s curb appeal!
  • Eco-Friendly: Often made from recycled materials, metal roofs are fully recyclable at the end of their lifespan, making them an environmentally friendly choice.
  • Fire Resistance: Metal roofing is non-combustible and provides superior fire protection for your home.
  • Lightweight: This roofing material is lighter than many other roofing materials, reducing the load on your home’s structure.
  • Long Lifespan: Metal roofs can last 50 years or more, providing a cost-effective and reliable roofing solution.
  • Excellent Weather Performance: Coated with advanced finishes, metal roofs resist harsh weather conditions and maintain their integrity and appearance for decades.

Free Estimate: Improve Your Home’s Value with Coastal Windows & Exteriors

When you want to improve your home’s value, performance, and beauty, count on Coastal Windows & Exteriors. We offer superior exterior remodeling services, bringing you the best in home improvement with incredible customer feedback. As an award-winning exterior remodeling company, see our great Google reviews with a 4.7-star rating. Expect the best service with customer satisfaction as our top priority! Click here for a free estimate and personal design advice from local exterior remodeling contractors.

Homeowners can also use a home equity loan to finance their remodeling projects.