For any home improvement project, value is always a factor. You want it to look great and function well, but how is it going to impact your future resale value? In the case of cultured stone, the numbers speak for themselves. Let’s take a look at the return-on-investment for cultured stone in Michigan.
Each year, Hanley Wood releases a detailed survey comparing the job cost and resale value for home improvement projects. The survey is broken down by region and further divided by city/metropolis. According to the 2020 Cost vs. Value study, homeowners in Metro Detroit saw a 102% return-on-investment for cultured stone installations.
Manufactured stone veneer had the highest ROI across all categories, and the ROI in Detroit was much higher than it was in the North Central region as a whole (88%). On average, homeowners in the U.S. reported a 95.6% ROI for cultured stone. No matter where you live or what your intensions are for cultured stone, it is statistically a wise investment.
Cultured stone is manufactured stone that is made to look like natural stone. The veneer is made to mimic the colors and textures of real stone, but it is lighter weight and less cumbersome to install. Manufactured stone veneer can be used for indoor and outdoor applications, and it is available in almost every color combination imaginable. If you’re looking to improve your curb appeal, fireplace surround, backyard barbecue, or anything in between, cultured stone could be the perfect option.
Manufactured stone is usually less expensive than natural stone, but it all depends on what you select. There are high- and low-end versions of both materials, which will affect the price. During your consultation, we can recommend the best products for your goals and your budget. Call (586) 533-1305 to schedule an appointment.
If you want the biggest bang for your buck, choose cultured stone that coordinates with the rest of your home. The colors, shapes and patterns in the stone should flow seamlessly with your siding, hardscaping and other features. If you plan to completely redo your siding, you could choose cultured stone that inspires the rest of the design.
Invest in quality stone from a professional installer. This is going to give you the longest warranty and best craftsmanship. Mortar City Masonry has 20+ years of experience in cultured stone installation. We use the finest materials while still keeping your budget in mind. We’ll help you select the ideal materials to maximize your return on investment.
Finally, be mindful of the style of the neighborhood and what buyers expect in your area. Check comparable homes that have cultured stone or other stone accents in them. By doing a little bit of research, you can ensure that your investment will yield a positive resale value in return.