Home Renovation & Property Value in Chicago: ROI on Roofing, Siding, and Concrete Upgrades 🏡
- Kolmena Contractor
- Jul 7
- 2 min read
Updated: Aug 25
Technical-Financial Overview As Chicago enters the active fall real estate season, recent data shows that exterior renovations — especially roofing, siding, and concrete — offer strong returns in added property value. Smart upgrades not only improve curb appeal but can significantly increase a home's marketability.
1. Increase Property Value in Chicago with Roofing Investment
Average Cost: In 2025, replacing an asphalt roof in the U.S. costs about $30,680, with a 10–15% rise since 2022.
Estimated ROI: Between 60%–70%, and up to 85% in some regions, depending on materials and location.
Chicago Tip: Given the harsh winter conditions, high-quality asphalt or metal roofing is ideal. These materials help prevent weather-related damage and are highly attractive to buyers.
📊 Example 1:
Juan invests $28,000 in a new dimensional asphalt roof. When he sells his home, he recovers around $17,000 (~61%) of that investment, while also avoiding future leak repairs and improving buyer confidence.
2. Increase Property Value in Chicago with Siding Improvements
Average Cost: Replacing siding in 2025 ranges between $10,000 and $32,500 for a mid-sized home.
ROI Estimate:
Vinyl siding: 65%–95%
Fiber-cement siding: 88%–90%
Best Choice for Chicago: Fiber-cement performs better in cold, wet climates and requires less maintenance. It's especially appealing in neighborhoods with strict HOA standards.
📊 Example 2:
Laura invests $20,000 in fiber-cement siding. When it’s time to sell, the home’s market value increases by $17,680 (~88%) — almost covering the entire investment.
3. Concrete & Exterior Enhancements
Stone veneer: Offers ROI between 100%–153%, making it one of the top value-boosting projects.
Concrete upgrades (driveways, walkways, patios): While not always tied to specific ROI numbers, they strongly improve curb appeal and buyer impressions.
4. Renovating vs. Selling
A recent NAR report shows that 57% of homeowners prefer to renovate instead of sell.
Home equity loans and inflation in housing prices have driven many homeowners to invest in improving their current properties.
5. Tips to Maximize Your ROI
Use high-performance materials that withstand Chicago’s climate.
Choose timeless, HOA-friendly colors for siding and exteriors.
Ensure all permits and codes are followed, especially for roofing and concrete work.
Hire licensed professionals who offer warranties and energy-efficient materials.
Ready to Increase the Value of Your Home?
If you're planning to remodel, repair, or install a new roof, siding, or concrete feature, Kolmena Construction LLC is here to help.
We specialize in high-ROI exterior improvements tailored for Chicago’s weather and market trends. Whether you're preparing to sell or simply want to upgrade your living space, our team delivers expert workmanship, local knowledge, and long-term value.
📞 Contact us today for a free inspection or personalized quote. Let Kolmena Construction LLC guide you through smart, reliable upgrades that protect your investment and increase your home's value, season after season.
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