To determine the 2021 results, the report used data from 2017-19 on common projects done by about 200,000 home renovation professionals.
Extra Space Storage analyzed data from Zonda Media’s 2021 Remodeling Cost vs. Value Report to determine the 10 home renovation projects that can help sell your home. 10. Deck addition | Percentage of cost recouped: 63.2% - Average job cost: $22,426 - Average resale value: $14,169 | While composite decking carries a steeper price tag than wood decking, it is a worthwhile investment. Not only does it resemble natural wood, but it is also much easier to clean and maintain.
Window replacement | Percentage of cost recouped: 68.6% - Average cost: $19,385 - Average resale value: $13,297 | Overall, window replacement, no matter the type, can increase curb appeal and improve energy efficiency to lower a home’s heating and electrical costs. Replacement windows are an appealing feature to home buyers and are worth the investment. Vinyl is a cost-effective replacement option because these windows won’t rot or warp.