Your home is a huge financial investment. It is amongst your most treasured possessions. As such, you should give it a lot of love and attention. You should always ensure that your home is in good condition, whether you plan to live in it for the rest of your life or plan to resell it at some point.
Homeowners conduct improvement projects with the intention of improving their home’s short-term and long-term value. However, you have to keep in mind that while some home improvements can add more value to your home than others, there are those that are downright counter-intuitive, which means that they can leave you incurring hefty costs and losses. Therefore, to help you make an informed decision, we have compiled a list of the 10 best home improvements to increase value.
People around the world are increasingly focusing on going green and increasing energy efficiency. Attic insulation with fiberglass is one of the home improvement projects that have a very high return on investment. It is estimated that attic insulation gives homeowners a 116.9 percent ROI.
2.Artificial Stone Veneer
Stone veneer is the latest home improvement trend. If you wish to enhance the appearance of your home’s exterior, then this is a great and cost-effective option. Stone veneer can give a return on investment of 92.9 percent.
3.Garage Door Replacement
A new garage door helps to improve your curb appeal and also the value of your home. A garage door replacement gives you a 91.5 percent return on investment.
4.Front Door Replacement
Entry door replacement is still one of the home improvements with the highest rate of return on investment. A new front door offers aesthetic and functional benefits such as increased energy efficiency and security. It offers an 82.3 percent return on investment.
5.Minor Kitchen Remodel
The kitchen is often referred to as the heart of a home. It also has a major influence on the value of your home. A minor kitchen improvement can give you a return on investment of 81.2%.
A siding replacement project offers you a return on investment of about 77%. Also installing a new stucco can increase value. Stuccosanjose.com will give you a brand new look suited for tight budgets.
Adding a wooden patio to your property not only extends your living area but also increases the value of your home. You can expect a 75% return on investment.
The roof plays a crucial role within your home. It protects your family and property against weather elements. Hence, you should always ensure that it is in top condition. A new roof may cost you around $20,000 but offers you a 71.7% return on investment. Maui roofing contractor can help you with your roof replacement project.
Even though a midrange basement remodels is a bit expensive – roughly costs around $68,000 – it offers a return on investment of 70%. Basementfinishingfredericksburg.com has a $1500 discount on complete basement finishing.
If you need a demolition team, fortcollinsdemolition.com can provide solutions and reliable service to your residential demolition at affordable prices.
This is one of the cheapest home improvement projects. It not only enhances your curb appeal but also your home’s value. Landscaping entices potential buyers, hence, a faster sale.
Another is, resurfacing, replastering or repaint your pool. Find a skilled pool resurfacing contractor for this project.