To make your renovation dollar go furthest, focus on the part of the house everyone sees first.
Payback: 82% to 87%
Cost: $10,000 to $13,000 for the typical house
When it makes sense: Your existing siding is visibly worn or has suffered damage (from a storm, for example).
Best way to do it: Choose traditional wood siding (such as redwood) or fiber cement, says Tim Carter, an experienced remodeler and founder of AsktheBuilder.com. Fiber-cement siding returns the most value for the money of any material, according to the Remodeling survey. Read the rest of the story here.