Home renovations increase the beauty and comfort of your living space and boost your property’s value. However, they require a lot of time, money, and other resources. Real estate experts indicate that some updates are more valuable than others, depending on the timing, project type, and real estate market. For this reason, you should determine whether the improvements you plan to engage in will provide a high return on investment and increase your home’s value or not. This aspect is vital for homeowners who are planning to resell their property. Below are the home renovations that give the highest value.
Usually, windows are the eyes of every home. A property with good-looking and well-maintained windows will likely attract more potential buyers and sell at a higher price. This is why homeowners should prioritize them during a home renovation. You can hire experts to install energy-efficient vinyl windows and add a custom-color finish to make them more appealing.
Garage Door Replacement
An appealing garage door is among the top things that boost a home’s value. The cost of this renovation depends on various factors, such as the garage door parts that you are replacing. For instance, the cost of replacing the entire door is higher than the cost of replacing the garage door tracks or openers.
Luckily, this project will likely give you a return of at least 90% of your expenses when you resell the house. If the door is operating properly, you can consider doing basic maintenance like repainting.
Old and damaged siding can negatively affect your home’s appearance and even cause a mold problem. Fortunately, updating it is a valuable renovation that can bring back about 76% of what you spent. Combining the siding upgrade with upgraded windows will increase the return of the home renovation project.
Roof Repair or Replacement
The roof defends you and your home against strong wind, storms, and other weather elements. Consequently, it is likely to fade, curl, or get damaged over time. Repairing or replacing the roof is a valuable home remodeling project because it will enhance the curb appeal and boost the property’s market value. In most cases, potential home buyers consider the roof to determine whether to purchase the property or not.
In summary, a home renovation is an expensive project. Therefore, you should plan to ensure that it will make your home better and give you value for your money. If you intend to remodel your windows, roof, or siding, please contact our experts at Ace Home Improvements, LLC for top-notch services.