Home Remodel Projects That Will Pay Off Big
Wondering which Home Remodel Projects That Pay Off Big in? Remodeling Magazine recently released the 2016 Cost vs. Value Report, that outlines the 35 most popular home additions, remodels and replacements that increase homeowner’s resale value. If you’re considering making improvements on your home, I have listed the top 4 remodels that will yield the greatest return on your home improvement dollar$.
Front Door Replacement
One of the most surprising remodels that topped the list was Steel Entry Doors. Homeowners who replaced their existing wood entry doors with steel saw a 103.5% return on investment when they sold their home. Steel doors come in a range of colors in addition to the default silver, which can be matched to any color scheme. They can be hollow or solid, as well as soundproof and fireproof.
Garage Door Replacement
Homeowners also saw a high return on investment when they replaced their garage doors. Garage door replacements yielded a 108.4% return on investment. Replacing Garage Doors increase the value of your home from a curb appeal perspective. There are numerous options to choose from including garage doors made of wood, metal, glass or plastic. Garage doors also come in a variety of designs and colors. The average cost for a new garage door installed is $1,200.
Minor Kitchen Remodels
Kitchens are the hottest room renovations in the house (in more ways than one) because of the payoff. Money you spend on upgrading or renovating your kitchen is money you can expect to see returned with higher resale values. Minor kitchen remodels yielded a 103.1% return on investment. The cost of this project depends on a myriad of factors, including the size of the kitchen, the quality of materials you decide to use and the appliances you decide on. You’ll want to compare quotes from kitchen remodelers to give you a better idea on how to proceed with this project.
Fiberglass Attic Insulation
Many times, homeowners are surprised at the things that have been costing them so much money in their power bill. Bringing attic insulation levels up to 21st century standards of efficiency can result in major savings in the form of lower utility costs. Homeowners today are looking for ways to keep their homes and their wallets full of green. Fiberglass is an attractive choice for home insulation because it poses no fire hazard. It’s strong and long-lasting, it resists corrosion, is cheaper than foam insulation and can be a DIY project. This addition yielded homeowners a 142.7% return on investment. The average cost of installing Fiberglass Insulation varies depending on the size of the attic. According to some estimates, thermal insulation (made from fiberglass and its alternatives) conserves 12 times as much energy as is lost in its production, and it may reduce residential energy costs by up to 40%.
What’s The Bottom Line?
Every savvy homeowner knows that quality improvements done to their home presents an opportunity to yield a return on investment. It’s not always easy to know which Home Remodel Projects That Will Pay Off Big from year to year. But in 2017 keeping these tips in mind will ensure that today’s Homeowners will enjoy their remodel today and tomorrow when they sell their home, especially knowing that their remodel project is going to pay off big.