Top 5 Cost vs. Value Remodeling Projects in Connecticut

Thinking of renovating your home this year? Whether you're planning to sell or just want to make smart investments in your property, choosing the right remodeling projects can make all the difference. According to the 2024 Cost vs. Value Report, these are the top 5 home improvement projects in Connecticut that offer the highest return on investment (ROI).

Check out what tops the list—and which project offers the lowest return.

1. Garage Door Replacement – 268.2% ROI

It may not be the most glamorous upgrade, but replacing your garage door brings serious returns. With a cost of around $4,500 and resale value over $12,000, this simple improvement offers a huge curb appeal boost and is one of the most cost-effective projects homeowners can take on.

2. HVAC Conversion to Electric Heat Pump – 266.7% ROI

Sustainability sells! Swapping out a traditional furnace for an electric heat pump is not only energy-efficient but extremely attractive to today’s eco-conscious buyers. In Connecticut, this upgrade sees a return of more than double the investment cost, making it a smart and future-ready move.

3. Manufactured Stone Veneer – 129.5% ROI

Want a big visual impact for relatively low cost? Consider manufactured stone veneer. This sleek, modern exterior finish dramatically boosts curb appeal and home value. With an ROI of nearly 130%, it’s a stylish way to make your home stand out.

4. Vinyl Siding Replacement – 123.8% ROI

Replacing old or faded siding with fresh vinyl siding is a smart way to refresh your home’s look. It improves energy efficiency and protects your home from the elements—plus, you’ll see more than a full return on your investment.

5. Minor Kitchen Remodel (Midrange) – 103.5% ROI

The kitchen remains the heart of the home—and buyers agree. A minor kitchen remodel that includes updated cabinet fronts, new appliances, counters, and flooring delivers a solid return. It’s one of the few interior projects with a strong ROI, making it well worth the investment.

Lowest ROI Project: Upscale Primary Suite Addition – 29.1% ROI

While a dreamy new master suite might sound appealing, the numbers don’t lie. In Connecticut, this upscale addition has the lowest cost vs. value, recouping less than a third of what you spend. Unless it’s for personal enjoyment, this one may not be worth the splurge if resale value is your goal.

Final Thoughts

From energy efficiency to exterior curb appeal, Connecticut homeowners have plenty of opportunities to make smart renovations that pay off. Focusing on these high-ROI projects can help you enjoy your home today—while building value for tomorrow.

Source: ©2024 Zonda Media, 2024 Cost vs. Value Report. Full data available at www.costvsvalue.com

Finding Freedom in a Smaller, Easier Home

For many homeowners, the decision to downsize isn’t just about moving—it’s about creating a simpler, more manageable lifestyle. Whether you’re looking to reduce maintenance, cut costs, or transition into a home that better fits your needs, downsizing can be a smart and liberating choice. But sorting through years of belongings, making tough decisions, and letting go of sentimental items can feel overwhelming. Here are some tips to make the process smoother.

Start Small, Start Now

Even if you’re not ready to move yet, decluttering early can make the transition easier down the road. A great way to begin is by tackling seasonal items—if you didn’t use it last winter, you probably won’t next year. Sell or donate gently used items through Facebook Marketplace, local shelters, or organizations like the Salvation Army. Many towns also offer seasonal bulk pickup for larger pieces.

Keep the Memories, Let Go of the Clutter

Leaving a home filled with memories can be emotional, but downsizing doesn’t mean letting go of those moments. Take photos and videos of special places in your home, or even create a video diary to share with family. Hosting a small gathering before you move can also be a wonderful way to celebrate and say goodbye.

Choose What Matters Most

When space is limited, less is more. Instead of keeping an entire collection, pick a few meaningful pieces that bring you joy. Some collectibles may also hold financial value—consider selling high-value items while donating or gifting others. The goal is to surround yourself with things that truly matter in your next chapter.

Paperwork Purge

Sorting through years of paperwork is no one’s favorite task, but it’s a necessary step in downsizing. Most documents, like tax returns, only need to be kept for seven years, and many records are now digital. Invest in a quality shredder and start clearing out old files—it will lighten your load significantly.

Enlist Help and Pass It On

Sorting through a lifetime of belongings is easier with support. Family members can help organize, and it’s also a great opportunity to pass down treasured items. Kids and grandkids will appreciate receiving keepsakes that carry meaning, and you’ll feel good knowing they are staying in the family.

While the idea of downsizing may feel overwhelming at first, the process can be incredibly freeing. With less upkeep, lower expenses, and a space that suits your needs, you’ll be able to focus more on enjoying life and less on maintaining a home that no longer fits your lifestyle.

Bob O’Donnell is the owner of O’Donnell Bros. Inc., a Bristol-based home improvement company established in 1975. Email your questions to info@odonnellbros.com with the subject line “Ask the Pro.” All questions may be considered for publication. To contact Bob for your remodeling needs, call O’Donnell Bros. Inc. at (860) 589-5155 or visit www.odonnellbros.com. Advice is for guidance only.

Home Upgrades To Reconsider

In my column last week, I talked about some of the renovation projects that will pay off if a homeowner decides to put their house up for sale. In other words, investing in home improvements such as new garage doors, vinyl siding, replacement windows, and stone veneer will end up coming close to paying for themselves when your house goes on the market. But what about the projects that don’t recoup their costs? According to the 2022 Remodeling Magazine Cost Versus Value Report, there are quite a few. Let’s take a look at the data. 

Upscale Master Suite Addition

If you’re thinking about upgrading your bedroom to a grand suite, make sure you’re going to enjoy it. According to the data, master bedroom additions in the greater Hartford area only recoup about 38% of their cost. Lavish bedrooms are very personal and a lot of people don’t spend much time in them, so if you’re about to go big with custom closets, extensive storage, and a grand master bath, know that the cost will be a lot more than the value.

Grand Entrance

Sure guests might be impressed with a gorgeous first impression of your home, but people are a lot more focused on useful spaces these days, so a fancy entryway might not go over so well in the real estate market. Here in the greater Hartford area, revamped entrances only recouped about 40% of their cost. 

Bathroom Additions

An extra bathroom might be a must for your family but it’s not guaranteed to pay for itself when you sell your home. In fact, a bathroom addition only recoups about 40% of its cost upon the resale of your home. Bathroom remodels do a bit better, netting about 50% of their cost in value. So if you’re thinking about how to maximize your bathroom potential, you’re better off renovating what you currently have instead of adding another.

Room Modifications

With people spending more time at home over the past few years, lots of homeowners have made modifications to make their homes more comfortable and accommodating. While I understand making adjustments such as a dining room conversion to a home office, these changes should be considered temporary. Permanent alterations of a standard room could be costly when it comes time to sell. 

We all want our homes to be a reflection of our unique style and a place that suits the way we live, but dramatic changes can be costly once you decide to move on. Keep that in mind when you’re taking on a renovation project and you’ll be sure to reap the benefits when you eventually sell. 

Bob O'Donnell is the owner of O'Donnell Bros, Inc., a Bristol-based home improvement company established in 1975. Email your questions for Bob to info@odonnellbros.com with the subject line “Ask the Pro”. All questions may be considered for publication. To contact Bob for your remodeling needs, call O'Donnell Bros, Inc. at (860) 589-5155 or visit www.odonnellbros.com. Advice is for guidance only.