If your home needs some improvements but you aren’t sure where to start, consider projects that would boost your home’s value and have a high return-on-investment. Start with one of these home renovation projects that add value to your home.
New Windows Add Value to Your Home ROI: 79.3%
Old windows become loose in their frames and let outside air in and indoor air out. New windows have a lot of benefits that add value to a house. Newer windows are more energy-efficient, which reduces utility bills. They also look cleaner and are more attractive and easier to open and close. If you plan to sell your home, a buyer will appreciate that they won’t have to update the windows.
New Steel Entry Door ROI: 96.6%
It may be surprising that a project as simple as replacing the front door can pay for itself. Steel doors are inexpensive, durable, and provide good insulation. You’ll increase your home’s security by adding a stronger door and improve the curb appeal by painting it a bold color.
Garage Door Replacement ROI: 83.7%
The garage door takes up a big portion of the home’s facade, so an old and dingy garage door will bring down the curb appeal of the entire house. A garage door replacement doesn’t cost a lot of money but makes a big impact on the home’s appearance. A new garage door is also better insulated and will function more easily.
Decks Add Value to Your Home ROI: 87.4%
Expanding the outdoor living spaces of the home is a great way to increase the footprint without spending as much as a full-on expansion. A large back deck provides space for an outdoor dining area, a grill, an outdoor kitchen, and even a hot tub. Potential buyers care about outdoor living spaces, so this project will certainly raise the home’s value when it comes time to sell.
Fiber Cement Siding ROI: 87%
New siding can completely transform the aesthetic of a house. Siding is also just as important as the roof for protecting the home from the elements. If you want to go this route, consider choosing fiber cement siding. It is durable, fire-resistant, and withstands heavy storms. This siding mimics wood or stucco.