Home Improvements Ideas
If you are planning to remodel your home or build a new addition, you must of curse consider the return on your investment. Even in the present housing market, you can increase the value of your home by the right home improvement. Despite of the fact that the housing prices have drop in the last years, the return of investment for home improvements has remained quite stable. Hence, it is a great idea to build an addition to your home or remodel it rather than trading up to a new one. Even though reclaiming your financial investment should not be your primary goal for remodeling your current home, it is one aspect you must consider when deciding which project is best for you.
In general, home improvements that gives an additional appeal of your house offer higher returns when you sell it.
Add or Replace the Siding
Aside from enhancing the appearance of your home and minimizing the maintenance and repair, the right siding can provide extra insulation, which can reduce the expenses for cooling and heating. Among the various kinds of sidings, adding the best fiber cement siding reclaims most value when reselling your house, with a return on investment of 86.7%. Fiber cement siding have a variety of surfaces and finishes, quite same as stucco or wood, but it is termite resistant and fireproof.
The mid-range vinyl siding offers the second best return of investment of 80.7%, followed by upscale foam-backed vinyl. Vinyl is a popular type of home siding that offers a wide variety of finishes and colors, great for customizing the look of your home. Meanwhile, the foam-backed vinyl offers a very good insulating protection and you can save a lot of money.
Generally speaking, top-end vinyl windows surpassed the conventional wood replacements, however, all of these home improvement projects make a return of investment of between 76% and 79%. Replacing your windows can also save you money when it comes to heating or cooling your home, and making this particular project is a great decision even if you do not expect on selling your home anytime soon. Additionally, you can save hundreds of dollars on the expenses of your project if you look into the Federal energy tax credits when you buy a high-efficiency replacement windows.
You can recoup 81.8% of the first cost when you install a deck, and apart from that you can enjoy in your yard. A deck of pressure-treated wood and is maintenance-free usually last longer.
Kitchen and Bathrooms Enhancements
Either it is a minor or major improvements to your kitchen, it is still a good investment with usually an additional between 76% and 80% to the value of your home. Refacing of kitchen cabinet is gradually becoming popular and can add more value to your home than complicated changes.