Transform Your Northern Colorado Home: Top Renovation Projects with the Highest ROI

This fact might surprise you: the average home improvement project does not tend to have a 100% return on initial investment. You might be thinking – why would I remodel then? The reasons range from the added enjoyment you’ll get from having that brand new kitchen to staying in line with other homes in the area who are investing in these upgrades. However, if you’re looking for a project with high ROI, these are some of the top options you should consider.

Garage Door Replacement

Average ROI: 94-98%

First impressions matter, and nothing says "welcome home" like a stylish, updated garage door. This simple upgrade can dramatically enhance your home's curb appeal, and with nearly a full return on investment, it’s a no-brainer. Whether you opt for a sleek, modern design or something more traditional, a new garage door is a fantastic way to increase both functionality and aesthetic appeal.

Manufactured Stone Veneer

Average ROI: 90-95%

Adding a touch of elegance to your home’s exterior with manufactured stone veneer can make a huge difference. This project not only gives your house a high-end look but also offers a substantial return on investment. Imagine your home with a beautiful stone façade that stands out in the picturesque landscapes of Northern Colorado!

Minor Kitchen Remodel

Average ROI: 70-80%

The kitchen is often considered the heart of the home, and a minor remodel can yield significant returns. Think new cabinet fronts, modern hardware, energy-efficient appliances, and fresh countertops. These upgrades can transform your kitchen into a functional and inviting space without the hefty price tag of a full renovation.

Siding Replacement

Average ROI: 75-80%

New siding can dramatically improve your home’s exterior appearance while also providing better insulation. Opt for materials like fiber-cement or vinyl siding for a durable, low-maintenance option that looks great and pays off when it’s time to sell.

Deck Addition (Wood)

Average ROI: 70-75%

A wooden deck addition not only expands your living space but also creates a perfect spot for enjoying Colorado’s beautiful weather. Whether you’re hosting a summer BBQ or relaxing with a book, a deck is a valuable feature that potential buyers will appreciate.

Which remodeling project have you been considering? Always consider the ROI on any home projects you decide to tackle. Spending $50,000 on a kitchen remodel will not necessarily add that amount to the value of your home so keep that in mind when deciding where to spend vs where to splurge.