What’s more, it’s one of the cheapest jobs on this list of 10.
Published on
June 3, 2024 2:42 pm
If you’re wondering where to upgrade your home so it counts the most, it’s probably not where you’d think. I, for one, assumed it would be larger, more expensive projects like kitchen and bathroom remodeling. However, I was surprised to find that the home upgrade with the highest ROI didn’t involve any living spaces at all. In fact, it has more to do with where our cars live.
Debora Vandor via iStock
According to Zonda, the home upgrade with the highest return on your money is garage door replacement.
For 2024, the estimated ROI for garage door replacement is a whopping 194%. Moreover, the average job cost is less than $5,000. Compare that to a minor kitchen remodel at just over $27,000, and you have yourself a great starting point.
Here’s the full list of 10 home upgrades with the most ROI for 2024. As you might notice, projects four through 10 reflect negative ROI. This means you won’t likely get all of your money back for anything from installing manufactured stone veneer to siding replacement to bathroom remodels.
| Rank | Remodeling Project | Job Cost | Value at Sale | Cost Recouped |
| 1 | Garage Door Replacement | $4,513 | $8,751 | 194% |
| 2 | Entry Door Replacement | Steel | $2,355 | $4,430 | 188% |
| 3 | Manufactured Stone Veneer | $11,287 | $17,291 | 153% |
| 4 | Grand Entrance Upscale | Fiberglass | $11,353 | $11,054 | 97% |
| 5 | Minor Kitchen Remodel | $27,492 | $26,406 | 96% |
| 6 | Siding Replacement | Fiber-cement | $20,619 | $18,230 | 88% |
| 7 | Deck Addition | Wood | $17,615 | $14,596 | 83% |
| 8 | Siding Replacement | Vinyl | $17,410 | $13,957 | 80% |
| 9 | Bathroom Remodel Mid-Range | $25,251 | $18,613 | 74% |
| 10 | Deck Addition | Composite | $24,206 | $16,498 | 68% |
Source: Zonda
Who knew the highest ROI home upgrade would be where your cars sleep, not you? After you’ve replaced your garage door and front entry door, really consider whether the other items truly need to be done. Also, you might try DIY versions over paying the full professional job price.