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Remodeling your home is more than just an upgrade—it’s an investment. This is especially true if you intend to relocate within the next 5 years. When considering short-term updates, it’s important to choose projects that will enhance your daily living experience while also increasing your home’s marketability. In the Twin Cities, where housing trends and buyer preferences continue to evolve, certain remodels consistently offer a higher return on investment (ROI) than others.
Garage Door Replacement
A simple but effective way to get the best ROI for your home is a full garage door replacement. This includes the actual door and all new steel tracks. A fix like this has a 158% (in the West North Central region) cost to value ratio according to the 2024 Journal of Light Construction Cost vs. Value Report. Not only is this a practical fix, it also greatly increases curb appeal.
Entry Door Replacement
An entry door replacement is a simple yet impactful upgrade, with an impressive 153% cost recouped. It can be as easy as swapping the door or as involved as updating trim and overhangs for added curb appeal. Choosing a high-quality, energy-efficient door enhances insulation, security, and aesthetics. Upgrading hardware, sidelights, or adding smart locks can further boost convenience and value.
Manufactured Stone Veneer
Another project that boosts curb appeal and value: manufactured stone veneer. This replaces traditional siding and adds texture, depth, and a high-end look to your home’s exterior. With a 111% ROI, it’s a cost-effective way to achieve the look of natural stone while offering durability and low maintenance. It can be applied to foundations, entryways, and accent walls, creating a striking focal point that enhances your home's character and resale potential.
Minor Kitchen Remodel
The final project, with an impressive 83% ROI, is a minor kitchen remodel—one of the best ways to refresh your home without a full renovation. This type of remodel can range from installing new appliances to completely replacing cabinetry, but it’s most commonly defined by upgrading hardware, replacing countertops, and applying fresh paint to walls and trim. Small changes like modern lighting fixtures, a stylish backsplash, or refacing cabinets can make a significant impact, improving both functionality and aesthetics while keeping costs manageable. This remodel enhances daily use, attracts potential buyers, and provides a strong return on investment. [check out a gallery of our favorite kitchen remodels!]
conclusion
Investing in high-ROI remodeling projects not only enhances your home’s functionality and aesthetics but also ensures you’re making smart financial decisions. These improvements add tangible value and appeal in the ever-evolving Twin Cities housing market. If you're considering a home update, focus on projects that offer both everyday comfort and long-term value.
Find out more about our Remodeling Services. Want to know what projects around the Twin Cities currently cost? See our article on Home Remodeling Costs in the Greater Minneapolis Area.
