For Todd and Lisa Miller, making major improvements to their 3,100-square-foot rambling ranch, built in the 1970s, is par for the course.
“Over the years, we have refinanced twice and done a number of improvements,” says Todd, president and co-owner of Isaiah Industries Inc., a manufacturer of permanent roofing solutions.
The Millers bought their “forever home” in Sidney, Ohio, in the 1990s, and have completed several renovations, including a $125,000 master ensuite addition, a family room expansion, new stucco on the home’s exterior, and new windows. The couple, who live on a street full of custom homes, also added a $95,000 in-ground swimming pool and landscaping. Plus they remodeled an office, bathroom, and utility room for $45,000.
Earlier this year, Zonda Media released its 2021 Cost vs. Value Report, citing the trend of exterior improvement projects providing the greatest return on investment (ROI ). With the exception of a minor kitchen remodel, fixes on the outside of a home represent 11 of the 12 leading investments. Notably, siding, stone veneer, and garage door replacements top the list.