Manufactured Stone Veneer One of Top Projects in 2024 Cost vs. Value Study
In the 2023 Cost vs. Value (CVV) report, MSV achieved a strong 102.3% return on investment (ROI), an impressive accomplishment considering the economic challenges of rising mortgage rates, inflation, declining real estate sales, and supply chain disruptions. Despite these hurdles, MSV stood out as a top investment, ranking third among 23 remodeling projects and leading all cladding projects.
Manufactured stone veneer (MSV) is widely valued in the industry for enhancing a home’s exterior at a lower cost than natural stone. Its versatility makes it suitable for various uses, such as full facades, accent walls, and fireplaces, making it a top choice for masons and hardscaping professionals. With its realistic stone appearance, MSV boosts curb appeal, making homes more attractive to buyers and increasing project value.
The latest CVV report shows that the average MSV project costs $11,287 and has a resale value of $17,291, resulting in a 153% return on investment. This marks a substantial increase of 50.7 percentage points from last year’s ROI of 102.3%, emphasizing the growing value of MSV for homeowners and the increasing demand for masonry and hardscaping professionals.
For more information and comparisons with other projects, read Zonda Media’s full 2024 Cost/Value report.
Coastal Stone Company Partners With DOT Compliance Consultants, LLC
Each year, companies nationwide log hundreds of thousands of miles traveling to and from job sites, as well as transporting the equipments and materials needed to bring their projects to life. There’s nothing like experience when it comes to understanding the confusing and ever-changing Department of Transportation Safety Regulations.
Coastal Stone Company is proud to partner with DOT Compliance Consultants, LLC to provide an added layer of protection for our growing fleet.
Located in the Greater Baltimore/Washington Metropolitan Region, DOT Compliance Consultants, LLC is the region’s leading experts in the safety of commercial vehicles and drivers. The company offers the commercial vehicle industry peace of mind in meeting all rules and regulations pertaining to FMCSA’s requirements. All of the services provided by DOT Compliance Consultants, LLC will assure your company is maintaining the proper paperwork, meeting all trucking and driver safety requirements, and providing you with the most up-to-date information in rules and regulations. Their highly certified consultants have built a reputation as one of the leading agencies in the commercial vehicle industry.
Visit www.dotcomplianceconsultantsllc.com and learn more about how they can help protect your fleet!