IF YOU&rsquo;VE SEEN stately stone siding popping up on homes in your neighborhood, it&rsquo;s for good reason: The look is one of the most cost-effective renovations this year, according to a new report.Replacing some of your home&rsquo;s vinyl siding with manufactured stone veneer, a siding made from concrete that mimics the look of real stone will practically pay for itself, according to Remodeling magazine&rsquo;s 2019 Cost vs. Value report. On average, the $8,907 project recoups $8,449 at the sale or nearly 95% of the initial outlay. That&rsquo;s an anomaly in the report, which finds that more popular projects, like the major kitchen and bathroom renovations, recoup only about two-thirds of their initial cost at sale.That high value is part of why the look is gaining steam among owners of mid-range houses, says Daniel M. Fries, chief appraiser at Atlanta-area Daniel Fries &amp; Associates. The versatile veneer is favored by builders, who find it easier and less costly to work with than real stone, and appreciated by homebuyers.&ldquo;Adding the stone gives it a little bit of flair,&rdquo; Fries says. &ldquo;Right now, it&rsquo;s starting to be a little more in style.&rdquo;Not every state has the same appreciation for stone siding. The look goes the furthest in Pacific states like California, Oregon, and Washington, where an initial $9,507 renovation can net homeowners $10,449 at resale, the Remodeling report says&mdash;nearly $1,000 more than the original price.On the other hand, homeowners in the New York metropolitan area might not want to bother. In mid- Atlantic states like New Jersey, Pennsylvania, and New York, the average manufactured stone veneer will run you $9,120 and recoup only $7,260&mdash;a return of just 79.6%.

The Trendy $9,000 Home Renovation That Can Pay For Itself

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