Replacement Siding Has the Greatest Return on Investment - Even More Than Replacement Windows

Replacement Siding Has the Greatest Return on Investment - Even More Than Replacement Windows

By Lenny Scarola

DreamHome Remodeling Inc recently concluded a survey of all its past customers on which home improvement project they believe results in the highest return on investment (ROI).

Here are the results, followed by the true findings:

A. Replacement Windows 63.64%

B. Replacement Siding 9.09%

C. Bathroom Remodel 18.18%

D. Adding a Deck or Patio 9.09%

The True Findings

The actual research finds that replacement siding has the greatest return on investment, as high as 102%, as backed by the Qualified Remodelers magazine. This study has been done by many times over by both home remodelers and real estate research groups.

Second, is remodeling your bathroom, then replacing your windows, and lastly, adding a deck or patio. It's important to note, however, that all four home improvement projects do have a great return on investment, some just increase the value more than others.

Why Replacement Siding?

When you think about it, replacement siding covers the most square footage than any of the other projects. When you are changing this much of your house, it only makes sense that it also affects the value of the home the most.

In addition, vinyl replacement siding can radically change the look of a house. It can literally make a 40 year old house look nearly brand new. With today's home buyers making snap judgments based on initial curb appeal, this can really go a long way.

Why so many thought Replacement Windows

Windows received the greatest number of responses most likely because of how much they are in the news. The Federal Energy Tax Credit includes new windows and doors, but leaves out replacement siding (even though replacement siding can also have a dramatic effect on energy savings).

It is often the case, that whatever is in the news the most, is what sticks in people's minds, and will greatly affect their perceptions.

Lenny Scarola is the owner of DreamHome Remodeling of Northern Virginia and Maryland. DreamHome has installed vinyl replacement windows for over 10 years, in over 5,000 customer's homes. Go to Northern Virginia Windows more information on vinyl replacement windows, Gorell Windows, or to receive a free replacement window price quote.

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