Home Improvements That Add the Most Value
Some home renovations add much more value to your house than others. For instance, those projects which are essentially a reflection of a homeowner’s taste will generally carry the lowest return on investment. The projects which are appreciated by everyone will generally deliver the most return-on-investment for any renovation project.
If you’re not sure which projects can deliver the most value for your investment, you may want to engage the services of an interior designer before you actually start planning any renovations. After reading about home renovation projects which traditionally return the greatest value, you’ll be able to increase the overall value of your home the most.
Vinyl replacement windows
Full windows replacement may not be as noticeable as something like a kitchen remodeling project, but they can be extremely valuable for increasing energy-efficiency. You can expect to get a return on your investment somewhere between 70% and 80% when you install premium vinyl replacement windows.
Replacement vinyl siding
If the exterior of your house has taken on a worn look over the past several years, you can get a significant return-on-investment by installing vinyl replacement siding. This is an undertaking that will generally return something in the neighborhood of 80 to 90% of your investment.
Bathroom remodels are among the most popular renovation projects that homeowners undertake. It is known that the return on investment is extremely high for a premium bathroom remodeling project. In addition, the resident family will be able to take advantage of all the new features and installations right up until the time they move out of the house.
Kitchen remodeling project
This is another of the traditional biggest bang-for-the-buck renovation projects. The kitchen is one of the most popular rooms in any household, and since people spend so much time in it, it’s understandable that they would want a new-look, with new appliances, and new features that help make food preparation easier and more efficient.
Basement remodel projects have the potential to bring a tremendous return on investment, depending on what type of remodel is undertaken. For instance, if you were to finish the basement and make it an extra living space, this is basically equivalent to adding another room to your household. It increases the usable square footage in your home, and provides you with another fully functional room, rather than just a storage area.
Investing in a brand new roof can be a huge expense, but it can deliver tremendous curb appeal, and it also provides some very functional benefits. When you’ve installed a new roof on your home, you can expect that it will last somewhere between 20 and 50 years, depending on the type of roof you install. That means you can expect security against the elements for decades to come, in addition to increasing the aesthetics of your home significantly.
Adding on a deck
This is another renovation project that brings several benefits to a homeowner. Of course, a significant increase in resale value is realized when a premium deck is installed. Perhaps even more important though, the family living in the household gets full use of that deck and can enjoy relaxing interludes outside when good weather is around.