I hope this BLOG post finds you well! I'm excited to check in today with valuable insights from our team of experts.

In this post: I will cover the TOP home improvements in 2024.

Maximize Your Home's Value with High Return on Investment Home Improvements: 

Spring and early summer are the perfect time to consider updates that enhance your living space and boost your home’s value. Whether you're contemplating selling soon or just aiming to maintain your property's value, certain projects promise more bang for your buck. Here’s the latest from Remodeling.com’s  Cost vs. Value Report .

Top Home Improvement Investments in 2024



1. Upgrading Your HVAC System:  Switch to an energy-efficient model to provide a more comfortable living environment and enjoy an impressive 103.5% return on your investment. 
2. Garage Door Replacement : An often underestimated yet effective upgrade, replacing your garage door can recapture about 102.7% of the cost. It's an instant facelift that significantly enhances curb appeal.
3. Manufactured Stone Veneer : This aesthetic enhancement, whether indoors or out, offers an upscale look and a 102.3% return on investment, making it both a smart and stylish decision.
4. Entry Door Replacement : A new front door can redefine your home’s entrance and recover around 100.9% of the expense. 
5. Siding Replacement : Updating your home’s siding (94.7% return for vinyl and 88.5% for fiber cement) refreshes its appearance and contributes to energy efficiency.
6. Minor Kitchen Remodel : With an 85.7% ROI, this project can revitalize the heart of your home without a complete overhaul.
7. Vinyl Window Replacement : A practical update that ensures better insulation, offering a 72% return.
8. Midrange Bathroom Remodel : This upgrade ensures a 66.7% return and can significantly enhance your bathroom's functionality and aesthetics.
9. Wood Window Replacement : Though pricier, it upgrades your home’s look and feel while offering a 61.2% return on investment.
10. New Asphalt Roofing : Essential for long-term peace of mind, this improvement recovers 61.1% of its cost at the sale, safeguarding your most significant investment. 

Not only do these investments increase your home’s market value, but they may also be advantageous from an insurance standpoint. Upgrades like a new roof or updated windows can improve your home’s resilience against weather, possibly affecting your policy terms favorably.

As you consider these improvements, know that my team and I are here to assist with any insurance-related queries. Should your upgrades impact your coverage needs, don’t hesitate to reach out. 

We’re committed to ensuring your home remains a secure, valuable, and enjoyable space for you and your family for years to come.

Rising Star Insurance Group – Protecting What Matters Most to YOU for over 40 Years.