As homeowners evaluate remodeling projects, understanding which updates offer the strongest return on investment is essential—especially in today’s market. Each year, Remodeling Magazine releases cost vs. value data that highlights which projects offer the best financial return when a home sells. For Denver homeowners, the current numbers reveal a clear trend: simple, exterior updates continue to deliver the highest payback.

At the top of this year’s list is a garage door replacement, averaging $4,420 to complete, with a resale value of $9,539—an impressive 215.8% return. Closely following is a steel entry door replacement, with a cost of $2,241 and a resale value of $3,864, recouping 172.4% of the investment. These projects prove that first impressions truly count.

Additional standout projects include:

• Manufactured stone veneer: $11,218 job cost, $12,543 resale (111.8% recouped)

• Minor kitchen remodel (midrange): $25,898 job cost, $21,337 resale (82.4% recouped)

• Fiber-cement siding replacement: $22,030 job cost, $18,069 resale (82.0% recouped)

Interior updates still hold value but tend to offer lower returns compared to exterior improvements. A midrange bath remodel recoups 74.4%, while wood window replacements return 71.3%. Even energy-efficient upgrades often recoup between 70-100%, according to national sources like Realtor.com.

On the other end of the spectrum, larger upscale remodels offer lower returns. A major upscale kitchen remodel recoups just 29.9%, and a primary suite addition (upscale) returns only 16.8% of its cost.

Whether preparing to sell or planning for the future, knowing which updates deliver true value is key.

Wondering how your remodeling plans could impact your home’s value? Your Forever Agent® at Berkshire Hathaway HomeServices Colorado Real Estate can help you make smart updates and plan your next move with confidence. Call 303-905-8850 or visit BHHScoloradorealestate.com to connect with expert guidance.