Stone Veneer: The #2 Most Profitable Home Remodeling Project in Seattle Area

Does it feel to you like when choosing home improvements there is a dreamer aspect and then there’s the functional financial side?

While inspiring as it may be to improve your living space wouldn’t it be even better if your home improvement project could pay for itself, or even earn you a profit when it comes time to sell your home?  That’s the precise reason why we like the Cost vs Value home remodeling reports online at www.costvalue.com. According to their research, some upgrades may increase your home’s resale value by more than what they cost.

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“Here at Mutual Materials we are dedicated to serving our Pacific Northwest customers and have large selections of thin masonry stone veneers and brick. So, we were particularly thrilled to learn that on the Seattle list of Top 10 Most Profitable Remodeling Projects, adding manufactured stone veneer to a home exterior ranks #2 most profitable with a 142.8% return on investment! “

 

For years, incorporating elements of brick or stone veneer have been a signature of quality and style in home design throughout the Pacific Northwest when building new homes.  Now, we are particularly inspired to spread the idea amongst owners of older homes that improving your curb appeal and home exterior by adding stone or brick veneer to an older home is a great project to consider.

While this information provides a fun insight into which projects might be worth your while, it’s important to note that these are just overall estimates–your return on investment will vary substantially depending on your unique home and neighborhood.

Below, you will find the Seattle summaries of the top 10 most profitable/least profitable remodeling projects. Please note that complete data from the Remodeling 2016 Cost vs. Value Report (Cost vs. Value data © 2016 Hanley Wood Media Inc) can be downloaded for free at www.costvsvalue.com.

 

Seattle’s 10 Most Profitable Remodeling Projects

  • Attic Insulation (Fiberglass)
    Cost: $1,249
    Resale Value: $1,877
    Cost Recouped: 150.3%
  • Manufactured Stone Veneer
    Cost: $7,631
    Resale Value: $10,897
    Cost Recouped: 142.8% 
  • Garage Door Replacement (Upscale)
    Cost: $3,175
    Resale Value: $4,503
    Cost Recouped: 141.8%
  • Garage Door Replacement (Mid-Range)
    Cost: $1,783
    Resale Value: $2,440
    Cost Recouped: 136.9%
  • Entry Door Replacement (Steel)
    Cost: $1,400
    Resale Value: $1,790
    Cost Recouped: 127.9%
  • Siding Replacement (Fiber Cement)
    Cost: $16,196
    Resale Value: $18,826
    Cost Recouped: 116.2%
  • Window Replacement (Vinyl)
    Cost: $15,308
    Resale Value: $17,417
    Cost Recouped: 113.8%
  • Siding Replacement (Engineered)
    Cost: $15,396
    Resale Value: $17,237
    Cost Recouped: 112.0%
  • Deck Addition (Wood, Mid-Range)
    Cost: $12,145
    Resale Value: $12,985
    Cost Recouped: 106.9
  • Minor Kitchen Remodel
    Cost: $21,889
    Resale Value: $22,833
    Cost Recouped: 104.3%

Seattle’s 10 Leasts Profitable Remodeling Projects

  • Bathroom Addition (Upscale)
    Cost: $86,087
    Resale Value: $60,206
    Cost Recouped: 69.9%
  • Bathroom Addition (Mid-Range)
    Cost: $47,572
    Resale Value: $34,457
    Cost Recouped: 72.4%
  • Deck Addition (Composite, Upscale)
    Cost: $41,140
    Resale Value: $29,972
    Cost Recouped: 72.9%
  • Backup Power Generator
    Cost: $13,842
    Resale Value: $10,403
    Cost Recouped: 75.2%
  • Master Suite Addition (Upscale)
    Cost: $262,073
    Resale Value: $197,515
    Cost Recouped: 75.4%
  • Major Kitchen Remodel (Upscale)
    Cost: $125,781
    Resale Value: $103,889
    Cost Recouped: 82.6%
  • Major Kitchen Remodel (Mid-Range)
    Cost: $64,981
    Resale Value: $53,778
    Cost Recouped: 82.8%
  • Master Suite Addition (Mid-Range)
    Cost: $126,972
    Resale Value: $106,000
    Cost Recouped: 83.5%
  • Bathroom Remodel (Upscale)
    Cost: $61,383
    Resale Value: $52,432
    Cost Recouped: 85.4%
  • Two-Story Addition
    Cost: $180,558
    Resale Value: $154,472
    Cost Recouped: 85.6%

 

Cost vs. Value data © 2016 Hanley Wood Media Inc. Complete data from the Remodeling 2016 Cost vs. Value Report can be downloaded for free at www.costvsvalue.com