There are multiple reasons to want to increase your home value. Whether you’re looking to sell soon or you’re just trying to stay up-to-date with the market, smart investing can get you more for your money. We pulled the data from Remodeling Magazine to bring you 5 high ROI projects to increase your home value.
69% ROI - Entry Door Replacement (Steel)
Replacing your front door can not only spice up your curb appeal but can drastically increase your home’s security. That’s bound to give you a leg up on the market when it’s time to sell. In fact, it’s estimated that you’ll recoup 69% of the replacement costs at resale.
78% ROI - Minor Kitchen Remodel
What’s a “minor” kitchen remodel? Essentially, you’re leaving the layout but switching to higher quality, longer-lasting materials, and energy-efficient appliances. Changing the color scheme to neutral tones will also help you sell. Minor kitchen remodels have an estimated ROI of 78%!
72% ROI - Replacement Windows (Vinyl)
Replacing your windows is extremely important to the energy efficiency of your home.
Of course, you want to make sure your windows are structurally sound - no leaking, condensation, or cracks; but you also want to ensure that your glass package is preventing as much heat as possible from coming into your home.
Otherwise, your AC is fighting a battle it can’t win and your energy bill will show it!
64% ROI - Bathroom Remodel
Bathrooms have changed a lot over the years. If you have an older home, new buyers will place a lot of value on the condition of your bathrooms. The good news is that today’s trends are pointing towards a more simplistic, modern bathroom so you don’t have to invest in an over-the-top remodel just to compete in the market.
Updating one bathroom will give you a 64% return! Need more convincing? Check out our blog to see more benefits of remodeling your bathroom!
78% ROI - Siding Replacement
Siding is one of your home’s first defenses against the outside elements! Keeping it in tip-top shape helps keep water, critters, and the heat outside where they belong.
Not to mention, along with your roof, your siding makes or breaks your curb appeal.
If your area has experienced rough storms with high wind or hail, you should get your siding inspected ASAP. Take a walk around your property, do you see any chips, dents, or discoloration in your siding? Time for a siding replacement!
Want to Learn More?
We encourage you to click through the links above to learn more about these projects.
Now that you know which remodels will get you the most bang for your buck, you can start planning which ones you want to start with! We recommend that you always consult with a real estate agent that has experience in your area; they will know what buyers in your market are looking at and willing to pay more for.
When you’re ready to get started on some projects, make sure you check our sales and specials to save!
Have further questions? Let’s chat! Call us today at (855) 537-5111.