When you are ready to tackle those home improvements, there are a few things that you should consider for your house. The most valuable home improvements boost your home’s value as you recoup the price of the project. You need to understand the cost to value ratio of these home improvement jobs. Here are some of the top home improvements that give you the biggest bang for your money.
Upscale Your Garage Doors
Replacing your garage door might not be an exciting improvement. However, an upgraded model can boost the value of your home. In some cases, you can recoup about 98 percent of your costs. You want to replace your old garage door with durable materials, such as wood composite, steel, or aluminum. These materials offer the best performance for most climates. They can also feature energy-saving insulation and glazing. If you want a more aesthetically pleasing look, there is always a wooden door. These materials look great, but they often don’t have the same weather-resistance as other components. You can get the best of both worlds with wood composite or fiberglass garage doors.
Addition of a Wood Deck
Many of the most high-value home improvements are focused on exterior projects. When you are ready to add a deck, you will want to opt for wooden materials. New buyers prefer wood decks over composite materials. In some cases, you can get an 82 percent return on your investment. By contrast, you will only see a 63 percent return for those decks with composite materials. The best decks are 16 to 20 feet in length and width. However, the optimal dimensions for your deck will depend on the size of your yard and house. If you want to have more stability, you should consider adding railings. These safety features are also known to increase the value of your home.
Use Manufactured Stone Veneer
For a healthy boost to your home’s value, you can take on another exterior home project. By adding a manufactured stone veneer, you can improve the exterior look of your home. These products are not made of stone. They are manufactured with a composite material and shaped into a mold. In most cases, the veneers have the same look as real stone. These materials are also installed in a similar manner. This is the perfect way to improve your home’s curb appeal as you update those dull exteriors. You don’t even have to change the entire look of your home. With a small section of your exterior covered in veneer, you can still reap some benefits. According to some reports, this home improvement can yield a 97 percent return on your investment.
Simple Kitchen Upgrades
A kitchen remodel is considered the most valuable home improvement, but it can also be the most expensive. Buyers want to have a modern kitchen in their new homes. A new kitchen can boost your home’s value, and you can demand top dollar when it is time to sell. You will want to determine your personal needs and budget restrictions. There is a wide range of improvements that you can make to your kitchen. From stainless steel appliances to new countertops, the possibilities are endless in this area of your home.
You don’t have to spend a ton of money to get a significant return on your project. Even a minor kitchen upgrade can help you recoup 81 percent of the project costs as it boosts your home’s resale value. However, those major upscale and pricy renovations only allow you to recapture about 53 percent of the expenses. If you are looking for the most valuable home improvement, you should consider modernizing the cabinets and countertops, upgrading the appliances, updating the faucet and sink, and replacing the flooring.
Remodel Your Bathroom
For a mid-range bathroom remodel, you can get a return of 70 percent. These remodel projects include upgrading the fixtures, toilet, counters, tiles, and lighting. Just like a kitchen remodel, more upscale remodels will not yield a higher return value. If you want to add more value to your home, you should turn your standard bathroom into an accessible model. You can widen the doorways to accommodate wheelchairs, add walk-in showers, lower light switches, and place support bars near the toilet.
Replace Windows, Siding, and Roofing
If you have damaged, old, or deteriorating siding on your home, it can reduce the structure’s value. You don’t want to have an outdated home. For that reason, you should consider updating your siding. This type of renovation can help you recoup about 76 percent of the project’s cost. You also want to replace the trim of the siding as well. There is no point in replacing the siding and leaving the outdated frames. These upgrades boost the appearance and value of your home.
You should also think about replacing those old windows. When these components get old, you can lose some energy efficiency in your home. Low-energy vinyl window replacements have a 74 percent return on investment. With these home improvements, you can make sure that your entire exterior is updated with a fresh look.
For those homes with older roofs, it may be time for a replacement. After a few decades, your roof can start to leak and cause damage to your home. Older roofs are notorious for raising your energy bills. With a new roof, you can forget about all those problems. You can choose from a large selection of roofing materials and options for your home. If you are considering a roof replacement, these projects can raise your home value by 68 percent.
Let Us Handle Your Window, Siding, and Roof Replacement
These home improvements provide you with the best return on investment. With a few simple projects, you can really get some bang for your renovation dollars. However, some of these percentages may be higher or lower depending on your local area. If you are interested in improving your home’s look and increasing your property value, then it is time to call in a professional construction company. At RGB Construction, we can handle all those big projects. Whether you need a new roof or window replacement, let us help you plan the right improvements for your home. To schedule a consultation, please give us a call at 856-264-9093.