Episode 1920
Exterior Upgrades 101: Cost, Value, and Return on Investment
Today, we explore the critical relationship between cost and value in exterior renovations, helping you understand what you can expect in terms of return on investment. We'll dive into specific projects, such as entry door replacements, garage door renovations, and composite decking, detailing their costs and potential resale values. Discover how these projects can enhance your home's curb appeal and overall worth, with some renovations yielding impressive returns of over 200%. Along the way, we'll compare regional differences in pricing and value, highlighting how location can significantly impact your decisions. Whether you're planning a major remodel or a simple upgrade, this discussion will equip you with the insights needed to make informed choices for your home.
With a keen focus on maximizing home value through strategic renovations, Eric G. presents an insightful exploration of exterior improvements in the latest episode of the Around the House Show. The conversation begins with an in-depth look at entry door replacements, where Eric provides a breakdown of costs associated with both steel and fiberglass doors. Highlighting the significant return on investment, particularly in markets like New York, where a steel door replacement can yield over a 157% return, he emphasizes how crucial these upgrades are for enhancing curb appeal and attracting potential buyers. Eric passionately advocates for the idea that a home’s first impression is vital and discusses how a well-chosen front door can set the tone for the entire property.
As the episode progresses, Eric shifts gears to focus on deck renovations, specifically comparing composite and wood materials. He meticulously outlines the process and costs involved in building a 16 by 20 foot deck, weighing the benefits and drawbacks of each option. While wood may seem like a less expensive choice upfront, Eric warns listeners about the ongoing maintenance required and discusses how composite materials, although slightly pricier, can save homeowners time and money in the long run. The episode also sheds light on regional differences in return on investment, encouraging listeners to consider their local market conditions when planning renovations.
The discussion seamlessly transitions into roofing and siding, where Eric elaborates on costs for asphalt shingles versus metal roofs and the varying returns for vinyl and fiber cement siding. Each topic is backed by data from the Remodeling Cost vs. Value report, showcasing Eric's commitment to providing his audience with accurate and relevant information. The episode culminates with a section on manufactured stone veneers, emphasizing their increasing popularity and potential for adding significant value to homes. Throughout the episode, Eric G. equips listeners with valuable insights and actionable advice, making it clear that strategic exterior renovations can lead to impressive returns, enhancing both the beauty and marketability of their homes.
Takeaways:
- The cost versus value report provides essential insights on home renovation investments.
- Replacing your front door can yield over 150% return, enhancing curb appeal significantly.
- Composite decks have a decent return on investment, especially in specific regions.
- Garage door replacements can double your investment, making them a smart choice.
- Vinyl siding is prevalent but may not offer the best long-term value in certain areas.
- Consider the maintenance and longevity of materials like wood versus composite for decking.
Links referenced in this episode:
Companies mentioned in this episode:
- Monument Grills
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Transcript
Foreign the house on this episode of around the house.
Eric G.:Well, we've been talking about our cost versus value today and we were just talking doors and garage doors and stuff before we went out to break.
Eric G.:And if you want to find out more about us, hit around the House online dot com.
Eric G.:If you want to have any questions on this, message me here.
Eric G.:But now we're going to talk composite deck.
Eric G.:What happens when you want to do a composite deck edition?
Eric G.:Let's talk about the details first.
Eric G.:It's all about that, that we're going to add a 16 by 20 foot deck using pressure treated joists supported by 4x4 posts anchored in concrete piers.
Eric G.:And we're going to install composite deck material.
Eric G.:It's going to be really simple pattern built in bench planner.
Eric G.:We're going to do stairs, maybe three steps to grade.
Eric G.:When it comes to remodeling or renovating your home, there is a lot to know and we have got you covered.
Eric G.:This is AROUND the house.
Eric G.:Welcome to the around the House show, the next generation of home improvement.
Eric G.:I'm Eric G.
Eric G.:Thanks for joining me today.
Eric G.:To find out more about us, head over to aroundthe house online.com and this hour is brought to you by our friends at Monument Grills.
Eric G.:If you're looking for that great new barbecue, some with a ton of value, something under 900 bucks, check it out at monument grills.com well, today we've been talking about kind of cost versus value.
Eric G.:What's remodeling cost right now versus what's the return you get on some of these projects.
Eric G.:Now if you're listening to the last hour of the show, we were talking about the interior stuff and you know, some of this stuff here, depending where you're located, had a great return.
Eric G.:You know, a minor kitchen model last hour could bring you back as much as 123%.
Eric G.:But that primary suite addition only brought back 29.1% in some areas.
Eric G.:So really we're talking about what's the cost, what's the value, what's the numbers.
Eric G.:And so we're diving into that.
Eric G.:This is gonna be the exteriors edition here.
Eric G.:So we're gonna be diving into that and talking about outside projects of what pays and what doesn't.
Eric G.:So this is gonna be a great one here for you.
Eric G.:And this is based off the remodeling cost versus value.
Eric G.:You know, basically they do a survey each year and this is the cost versus value report.
Eric G.:So it just takes it and it's probably the most accurate one I've found out there that really says, okay, what's this cost and what are the parameters?
Eric G.:You kind of get an idea of what that number is.
Eric G.:So it kind of gives you an idea what it costs before you tackle it.
Eric G.:Now this doesn't, these are averages.
Eric G.:So it doesn't take into special situations and all the different things that can happen, but it's a good ballpark for you.
Eric G.:So first off, let's start with an obvious one.
Eric G.:What is an entry door replacement cost?
Eric G.:So steel front door.
Eric G.:So you're going to remove an existing 3 foot by 6 foot 8 entry door and jams.
Eric G.:Replace with a new 20 gauge steel unit including clear dual pane half glass panel, the jambs aluminum threshold composite stop doors.
Eric G.:Factory finish with the same color both sides.
Eric G.:Exterior brick mold 2 1/2 inch interior colonial range casings in poplar or equal pre finish to match the door color.
Eric G.:Replace existing lock set with the new board lock.
Eric G.:Simple, right?
Eric G.:So this is not what it costs for you to diy, but this is what it would cost maybe for a contractor to come in and do it like just like last hour.
Eric G.:We're going to start out kind of east versus west.
Eric G.:What's it cost in New York, what's it cost here on the west coast in Portland.
Eric G.:So you can kind of get an idea of what these averages are.
Eric G.:And of course what's the national average kind of put those things together.
Eric G.:So entry door replacement steel in New York, New York, $2,667.
Eric G.:But the resale value is 4,189.
Eric G.:So New York, that is a 157.1% return.
Eric G.:So so far that is killing all the other projects as far as a return.
Eric G.:Plus we all know that man, there is nothing like that first impression coming in in that front door is the key.
Eric G.:So when it comes to resale, when it comes to curb appeal, if you've got a janky front door that is should have been replaced or it's sticking or it's not working right, that is where you can make that big difference on really adding that value back to the house.
Eric G.:So that to me is super fun and exciting.
Eric G.:So the next one here, this is an interesting one and I, and I like this because it sounds pretty big.
Eric G.:So fiberglass grand entrance.
Eric G.: So you're moving a: Eric G.:So you got a 12 inch side light, 36 inch door, 12 inch sidelight.
Eric G.:So you've got an Entrance door with the sidelights on either side.
Eric G.:So you're going to have to move the double gang electrical box, you know a couple switches.
Eric G.:Fiberglass door blank matches the upscale entry.
Eric G.:You know, color threshold lock set deck decorative half glass with side lights match door.
Eric G.:You're going to have at least PVC wrapped exterior trim to match the existing trim and wider interior colonial or ranch casings finished to match the door.
Eric G.:So you got reframing might have a permit in there, you got some electrical that's going to have to move.
Eric G.:So a little bit more of a project than just swap it out the door.
Eric G.:So if we go back to New York here on the east coast, you're looking at that in fiberglass.
Eric G.:That price is $13,219 and you get 100% return on that.
Eric G.:So you get every dime of that back.
Eric G.: at as the national average is: Eric G.:So you get a 97.4% return on that for that big door which is kind of nice because so far we've looked at nothing in the more premium has added up to make a differ.
Eric G.:So you've not gotten that return back.
Eric G.:So here in Portland that price is 11,659 with 116.8% return.
Eric G.:So you're getting more money back.
Eric G.:So you're very much investing in your house and making that big, you know, impact.
Eric G.:And you know the fiberglass is way more durable than the steel.
Eric G.:The steel it dents, you know, if you're in a coastal area, it corrodes, it rusts.
Eric G.:So it's just a way better deal.
Eric G.:So that is a solid investment.
Eric G.:So the next up which is to me one of the biggest things you can do on your house on the front elevation by replacing that's that garage door.
Eric G.:And again we're talking curb appeal.
Eric G.:So garage door replacement.
Eric G.:So we're going to go standard here.
Eric G.:Remove and dispose of the existing 16 by 7 foot garage door and tracks.
Eric G.:Install a new 4 section garage door with a lifetime warranty on new heavy duty galvanized steel tracks.
Eric G.:Reuse the existing motor opener.
Eric G.:New door is high tensile string steel with two coats of factory applied paint foam insulated to minimum R12 thermal seals between pinch resistant panels.
Eric G.:Windows in the top panel are half inch insulated glass.
Eric G.:So that's a good medium indoor.
Eric G.:That's not the full glass.
Eric G.:It's not just the steel uninsulated one either.
Eric G.:So when we're looking at that in New York, I'M sorry, let's say this right now.
Eric G.:Obviously there's not a lot of New York City, not a ton of homes there with 16 by 7 garage doors in the city.
Eric G.:But you know what I'm getting at?
Eric G.:So that garage door replacement cost there is $4,454 and that return is 217.4%.
Eric G.:So you double your money on that investment.
Eric G.:That's huge.
Eric G.:Now if we go to Portland here, that is, let's see, $4,908 with a 180% return.
Eric G.:So our national average on that is 4,513 for the price and one 93.9% average.
Eric G.:Guys, that is one of the best returns on a major project you can do in your house to get that money back.
Eric G.:You know, considering you look at like the primary Suite Edition where you're getting what, 29% back here in Portland, that's a huge deal.
Eric G.:So I like that.
Eric G.:So that's a big one right there.
Eric G.:You can really get there.
Eric G.:And of course you've got something that's more insulated, you've got something more durable.
Eric G.:If you've got one of those old wood doors, once you get it, kind of that smile in it where the center starting to drop down, sag a little bit, there's just not much you can do to those.
Eric G.:Or if you've got one of those, you know, builder grade specials that's just, you know, getting dented up with just thin aluminum on them.
Eric G.:Another one that you can really spend some money and save some, save some dough because you're putting that money back in.
Eric G.:All right, before we take it outside and get out to the fun spot in the backyard here, we're going to go to break.
Eric G.:But first off, I just want to say if you want to find out more about us, head to aroundthe house online.com and if you're a podcast listener, if you want to look at Our premium membership, 4 bucks a month and it's commercial free.
Eric G.:Find out more ataroundthe house online dot com.
Eric G.:Well, we're going to go to break and we come back, we're going to start talking about what's a deck cost?
Eric G.:What's that going to cost you?
Eric G.:Whether it's water composite, what's that cost gonna be in 20, 25 here?
Eric G.:What are we looking at?
Eric G.:We'll do that just as soon as around the House returns.
Eric G.:Don't go anywhere.
Eric G.:The kids these days will never understand what it's like to play an instrument, to be in a band.
Eric G.:What's up this is Sticksy, Dania and Satchel from Steel Panther and you are listening to around the House with Eric G.
Eric G.:Yeah, we love Eric G.
Eric G.:And you should too.
Eric G.:Welcome back to the around the House show, the next generation of home improvement.
Eric G.:I'm Eric G.
Eric G.:If you're just joining us, we've been talking about cost versus value outside on those outside projects.
Eric G.:That stuff that's kind of street or backyard facing or anything around the house.
Eric G.:First off though, before we get into that, let's talk here about our sponsor, that is our friends over at Monument Grills.
Eric G.:You're looking for that great barbecue, maybe yours is toast or you got somebody that's a brand new homeowner and you want to get them a gift, check them out@monumcrills.com well, we've been talking about our cost versus value today and we were just talking doors and garage doors and stuff before we went out to break.
Eric G.:And if you want to find out more about us, head to aroundthehouse online.com.
Eric G.:if you want to have any questions on this, message me here.
Eric G.:But now we're going to talk composite deck.
Eric G.:What happens when you want to do a composite deck edition?
Eric G.:Let's talk about the details first.
Eric G.:That's all about that.
Eric G.:We're going to add a 16 by 20 foot deck using pressure treated joists supported by 4 by 4 posts anchored in concrete piers.
Eric G.:And we're going to install composite deck material.
Eric G.:It's going to be really simple pattern built in bench planner.
Eric G.:We're going to do stairs, maybe three steps to grade, you know, really go through and do a complete railing system around it because it's up off the ground of the same composite material.
Eric G.:So when you're looking out here in New York, what's the cost of that?
Eric G.:Really?
Eric G.:We're talking about $30,499 and the return is 75.1.
Eric G.:Now if we look at the national average, it's a 24, 206 with a 68.2%.
Eric G.: the west coast, we're talking: Eric G.:That's really good for a project, better than many around the house.
Eric G.:So that's not a bad little place to be.
Eric G.:Let's talk wood.
Eric G.:If you're like, I'm not doing wood, I'm, I want to do wood only.
Eric G.:I'm not going to do composite.
Eric G.:I don't want plastic and you want to be out there staining and restaining and all that maintenance.
Eric G.:Awesome.
Eric G.:Here's what they're saying.
Eric G.:Same 16 by 20 foot deck using pressure treated joists.
Eric G.:All the same stuff as the composite deck.
Eric G.:You're just going to be making it at a basically wood that's going to be kind of cool.
Eric G.:That's all going to be using pressure treated material.
Eric G.:This isn't cedar, this isn't redwood, this isn't southern yellow pine unless it's pressure treated material, whatever that is in your area.
Eric G.:And trust me, if you haven't traveled outside of your area much of the construction, every region has got it a little bit different.
Eric G.:You guys in the south, you guys in the east, us out in the west, way different products out there as far as using a local wood and we're using it that way.
Eric G.:Let's get to the numbers.
Eric G.:Our numbers here we're looking at New York, that deck edition wood a little cheaper.
Eric G.:21 5, 25.
Eric G.:We are a 79.8% return.
Eric G.:National average is at 17, 515 with an 82.9% and that's out in the west coast.
Eric G.:Here's the cool thing.
Eric G.:It's not too bad really.
Eric G.:17, 200 with an 88.8% return.
Eric G.:So we do okay on that.
Eric G.:Now again you got a lot of maintenance with wood, but it's a little bit extra to get that composite.
Eric G.:I totally get it.
Eric G.:If you're comparing those like in my area you're only talking 17, 2 to 20 kind of round numbers.
Eric G.:You're talking 6 grand between the two.
Eric G.:And a lot of life and maintenance in there depending on where you live.
Eric G.:Now to me, I'm not a huge composite finished deck guy.
Eric G.:Here's why they never look as good as the day you have it installed.
Eric G.:And to be honest, I'm not a fan of eating living on that pressure treated surface.
Eric G.:If you got kids, you got dogs, I don't know, it's not as deadly as it used to be.
Eric G.:But I don't like those chemicals and what they do now.
Eric G.:It's a lot different.
Eric G.:This isn't the creosote days, but still I'm just not a fan of that.
Eric G.:I'd much rather just have a good composite surface and not have to worry about all those chemicals in there that are, that are showing up and the maintenance involved.
Eric G.:For me it's worth the extra.
Eric G.:Now next up here, this is a good one.
Eric G.:Asphalt roof replacement.
Eric G.:We're talking shingles.
Eric G.:So you're going to Remove the existing roofing to bare wood sheathing and dispose of properly.
Eric G.:That can be its own battle right there.
Eric G.:Install 30 squares, 3,000 square feet of laminated roof shingles with new underlayment, galvanized drip edge, mill finish, aluminum flashing, kind of basic sum a square, a five square hip roof, custom flashing for two average size skylights and custom cap treatment at a vented ridge.
Eric G.:You got a 3,000 square foot roof here with of course the, the new shingle underlayment and all that stuff.
Eric G.:Basically the basics for doing this in New York that roofing Basic asphalt shingles is 39, $371 with a 43.2% national average is at 30,680 with a 56%.
Eric G.:And out here on the west coast in our east versus west challenge here, we're taking a look at it and we're talking 30,000 316 at a 58.4%.
Eric G.:Now roofing and Myers slightly less money because I have a lot of different manufacturers here in Portland that make stuff but still that roof is expensive.
Eric G.:Now some of the things in certain areas that can make it more expensive is depending on what your asbestos legislation says and how you deal with it.
Eric G.:Some places won't take that roofing material at the dump.
Eric G.:They have to take it to a hazmat place or to a recycling place that recycles because they a lot of roofing products still have asbestos in them.
Eric G.:Now are you going to breathe it?
Eric G.:No, it's encapsulated in tar.
Eric G.:Pretty hard to breathe that stuff.
Eric G.:Nearly impossible.
Eric G.:I'm not a doctor.
Eric G.:And they still consider it asbestos containing materials.
Eric G.:Sometimes that can be its own battle and that's really depending on where you live and how they deal with that stuff.
Eric G.:Some people I know you could dump that up at the landfill and go away.
Eric G.:Some people go, hey, you need to take that out to the has place and, and drop it out there.
Eric G.:You don't have to sit there and, and do it as far as bag it up and treat it like it's asbestos containing material.
Eric G.:In some places though, they just recycle it.
Eric G.:So that's kind of where that new technology is coming along.
Eric G.:But really that's the cost of a basic roof these days and not getting into the expensive roofing materials.
Eric G.:But that's just your, your kind of builder.
Eric G.:Basic laminated roof shingle.
Eric G.:So the next one here, this is a good one here.
Eric G.:What's roofing replacement in metal?
Eric G.:I don't want to go shingle, I want to go metal.
Eric G.:We're talking about the same 3,000 square feet roofing, bare wood sheathing.
Eric G.:It's going to all go down.
Eric G.:Install an ice barrier membrane in the roof perimeter and the valley areas.
Eric G.:Premium grade synthetic underlayment.
Eric G.:You're going to put standing seam metal up there.
Eric G.:Install matching preformed accessories.
Eric G.:Starter, drip edge, gable trim, all those things, all the two average skylights, vented ridge, all that kind of stuff.
Eric G.:Really the same roof.
Eric G.:If you had one house, if you're looking at this house and said, for instance, if you were in New York, you went, okay, what's my asphalt shingle cost?
Eric G.:And they came back and said, okay, what's the difference?
Eric G.:And that would be 39, 3, 71.
Eric G.:What's it going to cost me for metal?
Eric G.:Metal jumps up 62, 6 with a 36.3% return.
Eric G.:In New York, national average 49, 9, 28 with a 48.1.
Eric G.:And out here in my backyard on the West coast, we're talking 48, 522, 80, 48.7.
Eric G.:Yeah, I love metal.
Eric G.:If you're going to be there for a long time, it's a great, durable surface.
Eric G.:You'll get a lot of life out of it.
Eric G.:And depending on the situation, you can get decades longer out of it in a roof.
Eric G.:It's a great way to go.
Eric G.:So here's the next one.
Eric G.:This is one that you see people going on, knocking doors, all that good stuff.
Eric G.:We'll talk about that just as soon as around the House returns.
Eric G.:Don't go anywhere, not from anybody.
Eric G.:Hey, this is Ron Keel, the metal cowboy from Keel, the Ron Keel Band and Steeler.
Eric G.:We are rocking around the house with Eric G.
Eric G.:Raise your fears.
Eric G.:Welcome back to the around the House show, the next generation of home improvement.
Eric G.:I'm Eric G.
Eric G.:Thanks for tuning in to us today.
Eric G.:If you're just joining us out on the Talk media network all across the country, we appreciate you tuning in.
Eric G.:If you want to find out more about us guys, just head over to aroundthehouse online.com and of course, don't forget my television show that airs in the Pacific Northwest and specifically in the Portland and you know, Oregon, Washington region.
Eric G.:But you can check that out.
Eric G.:It's called around the House Northwest.
Eric G.:As well as our YouTube pages, we got my own personal one here that's part of the radio show and podcast.
Eric G.:We've got the TV show one and those all links are over to roundthe house online dot com.
Eric G.:I think we're at 600 videos now on the show on the TV show.
Eric G.:So we got a Ton of content in there.
Eric G.:From new products to testing to companies, how they make stuff.
Eric G.:It's a lot of fun and all the different stuff that we're doing over there.
Eric G.:So something to take a look at.
Eric G.:We've been talking today cost versus value report.
Eric G.:What are things costing you around your house?
Eric G.:What would it cost to have a contractor come do the work?
Eric G.:Now I wanted to talk about this for a second before we get deeper into window replacement here.
Eric G.:This is what it costs to really as a hip shot number on average to have a pro come out and do it.
Eric G.:You're hiring a contractor.
Eric G.:Now there are so many variables.
Eric G.:This is not anywhere near a quote, but this is kind of what the averages are for the guidelines they have.
Eric G.:And they go out every year and test it and take a look at it and see what the numbers are.
Eric G.:Will some of these things maybe get more expensive this year?
Eric G.:It is hard to say.
Eric G.: I really don't know where: Eric G.:It could go down 10 or 15%.
Eric G.:It could go up 10 or 15%.
Eric G.:We just don't know where these numbers are going to go.
Eric G.:And here in the, the, the beginning of February, I think they're going to go down.
Eric G.:But we start getting into materials, you know, and here's why.
Eric G.:Like roofing for instance.
Eric G.:That's a really oil heavy product.
Eric G.:There's a lot of tar that goes into that.
Eric G.:So if oil prices are down, guess what, that tends to drag that down a little bit.
Eric G.:If steel prices are up, that garage door or the, or the, or the front steel door might go up just a little bit.
Eric G.:It's kind of like when you go out and eggs are crazy prices right now.
Eric G.:Go get your favorite omelette.
Eric G.:There might be a $50 surcharge when you walk in the door.
Eric G.:It's just kind of what it is.
Eric G.:So we'll get to a little bit of normalcy here pretty soon and I think we'll have a better idea in a couple months of where, you know, building material prices are gonna be.
Eric G.:We just gotta work through that stuff and see where it is.
Eric G.:So that's my take on where we're at with that stuff.
Eric G.:Now let's talk wood window replacement.
Eric G.:So if you've got, you know, let's, let's set the basis point for this wood window replacement.
Eric G.:10 existing 3x5 double hung windows with insulated Andrew Star simulated divine divided light wood windows.
Eric G.:Interior finishes.
Eric G.:Stained hardwood exterior is a clad aluminum to match siding.
Eric G.:Replace shutters and exterior casing without disturbing the siding.
Eric G.:So Shutters, ah, that's only in part of the country, but you get where they're going with this.
Eric G.:So this is your wood window replacement.
Eric G.:So out where you might see more shutters on the east coast, because out in the west coast are definitely not as common when you're taking a look at window replacement wood for those 10 windows installed on average, 29, 151.
Eric G.:29, 151 with a 59.9% return rate.
Eric G.:National average is about 25, 799 with a 62.9%.
Eric G.:You see the value returned is almost the same, but it's depending on what the costs are.
Eric G.:If the costs go down, you get a higher rate of return with these.
Eric G.:And that's kind of where the piece moves the most.
Eric G.:Now if we go back over here from east coast to West Tom, up here in Portland where I'm at, we're talking wood replacement.
Eric G.:We're at 25, 559 with a 61.5%.
Eric G.:So we're right at kind of the within a few hundred bucks in the national average.
Eric G.:That really helps us there.
Eric G.:Now vinyl window replacement is the next one here and it's the same 103 by 5 windows.
Eric G.:So simulated, you know, divided light windows, same rules.
Eric G.:Now here's the thing with vinyl.
Eric G.:I am okay with vinyl sometimes and this is where I think we need to be a little bit careful with vinyl windows.
Eric G.:I think they have their application.
Eric G.:If you have a two or three million dollar house and up, I better not be seeing vinyl windows in there.
Eric G.:I mean some places in California that's every house.
Eric G.:But really for most people out there, if you have an upper scale house, I don't want to see vinyl in there.
Eric G.:Now vinyl can be really nice.
Eric G.:There's you know, multiple colors.
Eric G.:You can do black, there's a lot of different things you can do.
Eric G.:But I want to make sure that you set those.
Eric G.:You know, it's like putting in a vinyl slider in a, in a mansion.
Eric G.:Nobody ever does that.
Eric G.:Or if they do, you get them kind of give them a side eye and go, what are you doing with that?
Eric G.:So vinyl windows have their application.
Eric G.:You know, they're energy efficient, they're used in kind of entry to mid level homes unless they're a premium.
Eric G.:But still you kind of want to be where you're at with that.
Eric G.:But let's take a look at the numbers here and see.
Eric G.:I mean some builders out there, before we get to that, some builders out there are building expensive homes.
Eric G.:I know people out there that are building two, three, four million dollar homes.
Eric G.:And the quality of finishes are better.
Eric G.:Way better in a Champion or skyline manufactured house.
Eric G.:Drywall's better, finishes better, looks better.
Eric G.:And you got guys out there that are building two, three, four million dollars houses that I'm like, you need to go over there and talk to those guys about their drywall work because it's better than what you got at your house.
Eric G.:I know people out there that are building $2 million houses and they're fighting with their builder because they don't want to put dimmer switches in, you know, 400 bucks worth of switches.
Eric G.:But it's a 2, 3, $4 million house.
Eric G.:Oh, we, that's not standard for us.
Eric G.:It's like craziness.
Eric G.:So think about that of each application of what quality should go into the house that's being built or remodeled.
Eric G.:And that's a big key right there.
Eric G.:So let's look at the numbers here on vinyl.
Eric G.:So if we take a look here in New York, New York, vinyl, 23, 6, 78 with a 55.7, 55.3% return.
Eric G.:So really you're only talking about now 5,500 bucks kind of difference between those two numbers right there.
Eric G.:Out of almost 30,000 bucks, that's not bad.
Eric G.:Our national average on vinyl windows is 21, 264.
Eric G.:So that's not too bad.
Eric G.:Here in Portland, where I'm at on west coast numbers here, we're, we're a little better, but we are still here at 20,004, 90.
Eric G.:But here's where we start getting good.
Eric G.:That's a 72% return because of the price of the windows.
Eric G.:So that really starts to save you some money right there.
Eric G.:And I do like that.
Eric G.:So really, and here's the thing, if you're out there, price in windows, I'll tell you what my rules are.
Eric G.:When people around knocking on doors, trying to do this stuff, first off, I never trust the person that goes, hey, I was in your area and I just thought I'd knock on your door.
Eric G.:They're never getting my money.
Eric G.:I don't care who they are because I'm just not a door to door person.
Eric G.:However, comma, windows, especially wood, vinyl, that kind of stuff like that, when you're putting new ones in, if they don't flash that job correctly, it's going to cost you money in the long run.
Eric G.:It's not about the quality of the windows.
Eric G.:And here's the other problem that I've seen over the years of my, you know, 30 plus years in the construction industry, what I don't like is some of the bigger companies that have their own air quote brand of windows, Because a lot of those guys don't make it through the next recession.
Eric G.:So those lifetime warranties that you get that came with the windows don't exist because the customer's not around.
Eric G.:I mean, the manufacturing plant's not around.
Eric G.:And I think some of these companies go, hey, we're going to last 15 years.
Eric G.:We're going to shut her down, start another one up, new brand, new name, and off we go again.
Eric G.:So you really gotta look at that and go, okay, do I want to buy it from a company that's been around for 40 or 100 years?
Eric G.:Yeah, you do.
Eric G.:That makes a difference because you now have a brand that's backed up with it.
Eric G.:If you're out getting window quotes, just make sure that you're asking about what's the flashing, what's going on with it, and making sure that that's done correctly.
Eric G.:And you know, the system they're using so it's waterproof so you don't have wood rot and more damage a handful of years down the road.
Eric G.:Now when we come back, we're going to dive into siding.
Eric G.:What's siding cost on the outside of the house?
Eric G.:We talking vinyl, talking fiber cement.
Eric G.:We'll do that just as soon as around the house returns.
Eric G.:Don't go anywhere.
Eric G.:All right.
Eric G.:Welcome back to the around the house show.
Eric G.:The next generation of home improvement.
Eric G.:I'm Eric.
Eric G.:I wanted to let you know on this one because this is something that just happened this last week.
Eric G.:I got an email from one of you, our friends, the listeners, and you know something?
Eric G.:They messaged me, awesome, amazing message and said, hey, why are we talking about X?
Eric G.:And I'm saying X because I'm not going to give away what's going to be next week's show.
Eric G.:But I turned around and found one of the ultimate guests to talk about something we haven't talked about in years that I didn't even think of.
Eric G.:If you have something that you're trying to do research on and you want to find an expert on and you want it to be part of the show, head over to aroundthehouse online dot com.
Eric G.:Send me a message there.
Eric G.:Go, hey, Eric, I want to learn more about this, and if we haven't done it recently, I'll throw it in the queue for some shows coming up.
Eric G.:And at the end of February here, we got some great stuff coming up as well.
Eric G.:I'm going to be down at the Design and construction week show.
Eric G.:We're going to be talking to some great people down there, talking about new products.
Eric G.:That is where all the brand new products that come out for your home, all the new materials, all the new cool stuff.
Eric G.:We talk about that.
Eric G.:I'm going to be shooting videos, we're going to be doing interviews, we're going to be talking about all the cool stuff down there.
Eric G.:Might even have some special guests that you see on tv.
Eric G.:We got a lot going on that I can't wait to show you.
Eric G.:By the way, this episode is brought to you by our friends at Monument Grills.
Eric G.:Check them out@monumcrills.com well, we've been talking about cost versus value here and this is something that is really important.
Eric G.:You get an idea of what things cost if you're trying to save up or make some decisions on what you want to check out first.
Eric G.:These are not quotes by any means, but they're kind of a ballpark.
Eric G.:You get a hip shot.
Eric G.:Number of kind of what to expect depending on the specific.
Eric G.:So we talked about sighting and this is one of the ones why we haven't really talked about this a lot.
Eric G.:Vinyl sighting.
Eric G.:Full disclosure, I'm not a fan.
Eric G.:I don't like it.
Eric G.:I think maybe it was because when it came out, it was kind of a fly by night knock on the door and you could go into neighborhoods and go, man, they had a killer vinyl sighting person in this neighborhood because they all bought it.
Eric G.:And I think there's a lot of vintage, beautiful sighting out there that is covered up because people didn't want to do any more paint and they got a price that was close enough.
Eric G.:They went, hey, lifetime warranty, put it on there, I never have to paint again.
Eric G.:Well, we know that's not the case.
Eric G.:You can get a number of years out of it.
Eric G.:And two reasons why I don't like vinyl siding.
Eric G.:One, it's loud.
Eric G.:Actually more than two here, a few.
Eric G.:Three, number two on that outside.
Eric G.:Let's go down the list.
Eric G.:Loud.
Eric G.:If it's cold, it'll break.
Eric G.:You know, if you're by a golf course, gonna look like somebody's been shooting shotguns at your house.
Eric G.:Or if you're in a hail area, that can go well, not well.
Eric G.:It looks dirty pretty easily.
Eric G.:So being vinyl, the lichen and mold and mildew needs a lot of cleaning on it.
Eric G.:And three, four, you're stuck with the color.
Eric G.:If you did a color that was hot in the day and you're like, oh my gosh, I'm not A fan of painting it.
Eric G.:Unless you're painting it lighter and still, as it expands and contracts, you're probably gonna see some lines of where the old color shows up.
Eric G.:Because vinyl siding moves around a lot, it's pretty hard to paint that and make it look good.
Eric G.:It'll look good at the same temperature you painted it, but if it gets hotter or colder, it can.
Eric G.:And if you sit there and paint it darker, it can look like it just like a wilted flower as it slides off the side of your house.
Eric G.:Because you painted it dark and it was a light color and it wasn't made to be dark, it thermally breaks down and starts sagging off the building like a house fire.
Eric G.:And it doesn't hold up to flames either.
Eric G.: Well, we're going to replace: Eric G.:Basically, they're just going to put the trim up all those pieces.
Eric G.:In New York, vinyl siding replacement, $21,449.
Eric G.:And that is 103.5% return.
Eric G.:National average at 17,410 at an 80% return.
Eric G.:And out here in the east coast on the west coast, you're talking 25,460 with a 60.4% return.
Eric G.:Think about that.
Eric G.:That is a huge one right there.
Eric G.:Because in the west coast and Portland, Oregon, they give that same project a value of 15, 9, 76.
Eric G.:Where in New York they give that a $22,000 value.
Eric G.:And it's less money to do it in New York than it is out here.
Eric G.:Because out on the west coast it is just not a desirable product in most places.
Eric G.:We see it as something that is outdated, not beautiful and not quality.
Eric G.:Where on the east coast it's way more prevalent.
Eric G.:We have a kind of our nose in the air, I guess, out on the west coast here with the vinyl siding.
Eric G.:And maybe we see that a little bit more in higher end areas.
Eric G.:But really out here, it is not a hot item.
Eric G.:The value of that is way down.
Eric G.:If in Portland you're putting in vinyl siding, you're getting a lot less value out of it.
Eric G.:Where in New York you're only getting 60% here, you're getting a hundred percent there, actually 103% there.
Eric G.:That really shows you kind of the difference between that and in what's popular regionally and what's not.
Eric G.:That's what's cool about this list is it really shows kind of the difference and why I wanted to show the difference between east and west on this and they've got a lot of major metropolitan areas.
Eric G.:If you're out there going, man, what's it in Cape Girard or Missouri?
Eric G.:Well, guess what, you can look it up on their cost versus value report.
Eric G.:That's a big difference right there.
Eric G.:Look it up in your area to see what the numbers are in your area to get those a little bit more finer tuned.
Eric G.:But let's talk about, you know, fiber cement siding.
Eric G.:This is really where we're getting into the, the heavier duty stuff.
Eric G.:The stuff that looks more like wood.
Eric G.:Fiber cement.
Eric G.: Same: Eric G.:Factory primed, factory painted, all the.
Eric G.:All the right, four quarter, five quarter trim using either fiber cement or cellular pvc.
Eric G.:That's what that is if we're gonna go fiber cement here in New York.
Eric G.:Now, fiber cement is super common in our area here.
Eric G.:Just if you're an east coast person, that's most common.
Eric G.: he average price out there is: Eric G.:Across the US 20,600 bucks with an 88.4.
Eric G.:And here in my Portland area, West Coast, 24, 608 with an 89.9% return.
Eric G.:Again, you can kind of see where the value is.
Eric G.:We get 2,000 more dollars of fiber cement siding out here of value for the same product, where in New York it's a little bit less.
Eric G.:Actually here's the crazy part.
Eric G.:In New York, per their list here, they show $2,000 more value for vinyl than fiber cement.
Eric G.:We're here on the west coast, we have $7,000 more value of the fiber cement.
Eric G.:There's our regional differences for what we see across the US which is pretty crazy.
Eric G.:The last one on our list right here is manufactured stone veneer.
Eric G.:You're going to remove 300 square feet continuous band of.
Eric G.:You're actually going to remove a 300 square foot continuous band of existing vinyl siding from the bottom third of the street facing facades right across the front.
Eric G.:Replace with adhered veneer including 36 lineal feet of sills, 40 lineal feet of corners.
Eric G.:One address block.
Eric G.:Include two layers of water resistant barrier over bare sheathing, corrosion resistant lath and fasteners.
Eric G.:Half inch mortar scratch coat setting on bed.
Eric G.:Outline the archway using 8 by 10 inch keystone.
Eric G.:We're talking manufactured stone veneers.
Eric G.:This is the man made stuff.
Eric G.:This looks like stone.
Eric G.:It's not the real stone and it's also not, you know, one of the composite fiberglass ones out There that you just nail on.
Eric G.:This has got a lot more work on it.
Eric G.:If I was doing this as a DIY project, I'd be doing it with the nail on stuff because it's just much easier to do and you don't have to have the stonemason skills to do it.
Eric G.:For many people, that's a great way to go to do that.
Eric G.:And I love my buddy Dom and all of the people over there at Evolved Stone.
Eric G.:And that's just a nailable stone veneers.
Eric G.:That is good stuff.
Eric G.:I really like it and it'll save you a lot of money as a DIY project.
Eric G.:There's your little tip of the day right there if you want to do that stone veneer.
Eric G.:So New York manufactured stone veneer, 12,720 bucks.
Eric G.:152.9% return.
Eric G.:That's money where I come from.
Eric G.:Now nationally, that's 11 2.
Eric G.:87 and 153.2.
Eric G.: New York out here on the west: Eric G.:Even more value out here for stone veneer.
Eric G.:It really shows when you look at this stuff how regionally these numbers, especially on the exterior stuff, how it really changes how we look at what's hot and what's not.
Eric G.:Something that on the east coast is hot and it's not out here, or vice versa.
Eric G.:All right, guys, well, that's our cost versus Value report and the deep dive in the review of this, you can understand between the numbers of what you're going to do around your house and what can save you some serious money.
Eric G.:If you want to find out more, head to aroundthehouse online.com and just Google cost versus value report.
Eric G.:It'll come up.
Eric G.:You can fill out your information.
Eric G.:They'll get give it to you for free.
Eric G.:You got to sign up and tell them who you are and they'll let you download your area.
Eric G.:It's a great way to know what's going to cost in your area to do it.
Eric G.:I really like these guys.
Eric G.:Special thanks to the cost vs value report data and those guys.
Eric G.:And so you can just go to Cost versus value dot com.
Eric G.:All right, everybody.
Eric G.:I'm Eric G.
Eric G.:Thanks for tuning into around the House.
Eric G.:We'll see you next week.
Eric G.:Have an enjoyable weekend.
Eric G.:We'll see you then.
Eric G.:Song let's be lovers we're all over the radio Take my hand out Nowhere to go all over the radio With.