Best ROI Home Remodel Project

Written by Posted On Monday, 20 April 2015 05:20

Best ROI Home Remodel Project

Here is a trivia question for you. What is the only home remodel project that has a positive return on investment in 2015? Time is up! Do you have the answer? Most people guess a kitchen or bathroom remodel. Both good guesses but not correct. Per Remodeling Magazine the only project to have a positive return on investment is to replace your front door with a new steel front door! In the Tampa, Florida area a steel door replacement costs on average $1167 and brings a return of $1318. That breaks down to a return on investment of 112.9 percent! This was the only positive return project on the list this year. The only other project that came close was a bathroom remodel that had a 99.9 percent return on your investment.

I specialize in a suburb of Tampa, Florida in a wonderful community called FishHawk Ranch. So let's talk about the pros and cons of the different types of doors and how they would effect a Tampa, Florida home.

Steel Door

Steel doors have made some great advancements over the years. They are not just your plain boring doors anymore. Steel doors now come in beautiful designs. Steel doors cost from $150 to around $650 plus hardware and installation.

Steel doors offer the strongest barrier against intruders.

The lifespan of a steel door tends to be a little shorter than a fiberglass or wood door and there is a possibility that a steel door may dent. Any damage to a steel door can be difficult and expensive to repair.

Fiberglass Doors

Fiberglass doors come in a large variety of styles and require very little upkeep. These doors are very durable and can last up to 20 years. The doors feel light compared to a steel door but they are tough and difficult for an intruder to breach. Fiberglass doors have a foam core offers that offers good insulation for the warm Florida summers.

The cost of a Fiberglass door generally falls between the steel door and the wood door price. Typically fiberglass doors cost between $400 to $1000 plus the cost of installation and hardware.

Per Remodeling Magazine they list the cost of a fiberglass  front door replacement project at $2842 and the resale value at $1827.  Although a fiberglass door doesn’t generate as high a return as a steel door, it does provide a 64.3% return on investment.

Wood Doors

Wood doors are considered the luxury choice for doors. The look and weight can’t duplicated by fiberglass or steel doors. If your home calls for a stunning entry statement with a handcrafted touch, wood is probably the best choice you.

Wood is usually the most expensive of the three doors. The cost is roughly $500 to $2,000 plus hardware and installation. Wood doors do require the most maintenance but they are for the most part easier to repair than steel or fiberglass. Wood doors should be repainted or refinished every year or two to prevent splitting and warping.

If you’re concerned about the environmental impact of your door as well as its energy efficiency, you can purchase a solid wood door certified by the Forest Stewardship Council.

Energy Efficient Doors

By choosing an energy efficient door, you may be able to trim up to 10% off your energy bills. In Lithia, Florida the typical homeowner’s utility bill averaged over $2,200 last year. By adding a new energy efficient door you may be able to save $220 or more a year. Remember that energy efficiency depends on a number of factors besides the material a door is made of, it is important to look for the Energy Star label to help you compare doors.

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About the author

The above FishHawk Ranch real estate article “Best ROI Home Remodel Project” was written by Jeff Gould.

Jeff is a nationally recognized, top-producing REALTOR®. He is the local FishHawk Ranch real estate expert. You will find him selling homes in the Tampa Bay, Florida and surrounding areas. Some of those areas include FishHawk Ranch, Lithia, Riverview, Valrico, Apollo Beach, Brandon and Tampa.

If you are looking to sell or buy a Tampa Bay area home, Jeff is your local and trusted professional. You can click here to contact Jeff.

Connect with Jeff on:

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For additional FishHawk Ranch information or to search for FishHawk Ranch homes for sale, please visit the FishHawk Ranch Real Estate home page.

© 2015, Jeff Gould. All rights reserved.

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Jeff Gould

A little about me, as a longtime FishHawk (Tampa Florida area) resident and full time Realtor I know how difficult and demanding it could be to buy or sell a home.


In the majority of instances a real estate purchase will be the largest financial transaction a person will make throughout their lifetime. I believe  is important to choose a Realtor that is an expert in the area they are working and someone that you are comfortable with.


My Philosophy:

I believe the role as your Realtor is to guide you through the buying or selling process, taking the time to make sure you are comfortable and understand every step of the transaction. I will ensure you know that market value of what you are buying or selling. I will assist with the contracts, addendum’s and any inspections you may need.


Comprehensive knowledge of the area:

Being long time resident of FishHawk and full time Realtor, I know FishHawk and the local communities very well. This in-depth knowledge of the area combines with my extensive real estate expertise will help you make the most informed decisions possible.


My Qualifications:


1) Full time Realtor in Florida for over 11 years. I have been involved in real estate since the 1980’s. Yes I remember 18% interest rates!
2) Since January 2013, closed over 80 transactions. That ranks me in the top 1% of Realtors in the Tampa Bay area.
3) Proud FishHawk resident since 2005.
4) Trained to work with both buyers and sellers.
5) Closed over 10 Fannie Mae REO transactions during the last year as a buyer’s agent. These are very complicated and time consuming transactions. They are not always easy to close but in some cases they could be a good purchase for a buyer.
6) Short Sales are no problem! I have a team of negotiators that have negotiated and closed hundreds of Short Sales. It is a complicated process but I will be happy to confidentially explain the process, answer your concerns and guide you through this process.

Thanks for reading. I am at your service for real estate in the Tampa Bay area and I am the real  estate expert for FishHawk Homes For Sale. Click here for a great FishHawk Ranch Community Video Tour.

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