If you want to make renovations to your home or want to sell your home at a higher price, here are some renovations that will increase the value of your home and give you the most money back from your investment.
Like bathroom remodels, kitchen remodels are one of the best renovations you can do to get your money back. Kitchens are a focal point in every house and a brand-new modern kitchen could make a big difference for potential buyers.
Replacing the garage door also has nearly 1005 ROI, as it increases curb appeal and interest in homes. Especially if you change it from a standard white garage door to something that better compliments the house and makes it stand out. Garage door replacements have one of the highest ROI’s and can make you more than they cost in the long run.
Upgrading your house with things like solar panels, energy-efficient appliances, and new lightbulbs can increase your home’s value by over 100% and save you money on your electricity bill. Energy-Efficient Upgrades increase the interest of potential buyers by providing them an opportunity to save more money in the long term and on top of that, you are very likely to make the majority or more than your money back from completing this renovation.
Bathrooms are some of the most important elements considered of the house for potential homebuyers; this is because it is a space used daily and needs to be maintained. A minor or major bathroom remodel may cost a lot of money, but it will increase potential buyer interest in your home and the home’s overall value.
Curb appeal is huge when selling a home, as most people are not as interested in a house if it is not attractive on the outside (no matter how beautiful the inside)! While landscaping can be costly, doing simple things such as even trimming bushes, cutting tree limbs, and removing weeds can increase your home’s value.
A deck addition is a great way to make to your home stand out from others. While it can be a big investment, deck, patio, and porch additions have high ROI’s and if you are not immediately moving out of your home, it will give you and your family another area to spend time in and enjoy each other’s company or when entertaining!
Windows are a small but costly renovation, new windows can be pricey. However, it will increase the value of your home. They can even save you money while you’re living in your home by decreasing your electric bill since newer windows will save you from heat loss or gain.
While replacing the roof might cost a bit upfront and be on the pricier side of home renovations, it can increase the value of your home and increase interest in your home tremendously. Even making simple repairs to the roof will provide a good ROI once you sell your home.
Making small or big home renovations, repairs or replacements can make a big difference in your home’s value. From small minor remodels to replacing the roof, these are some of the top home renovations with the best ROI when it comes to getting ready to sell!
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