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Home Remodeling: 6 Tips to Increase Value

Thinking of remodeling doing some home remodeling? Consider these 6 projects to get the most return on your projects.

These 6 home remodeling projects have the following in common:

  • Low maintenance
  • Good quality
  • Energy Efficient
  • Not Too Costly

Replace Your Front Door

Your front door is the first piece of your home that ushers in you and your guests. This project can dramatically improve curb appeal while adding benefits such as decreasing energy loss. It’s also a relatively low-cost project. According to the “2015 Remodeling Impact Report,” a new steel front entry door has a national median cost of $2,000 installed, and can recover 75% of that cost at resale.

New Siding

Both vinyl and fiber-cement siding are good replacement options.

Vinyl siding is low cost, durable, and easy to install. The quality of vinyl has increased in the last decade: today’s vinyl has fade-resistant finishes and transferable lifetime warranties. It also has a good payback: according to the “2015 Remodeling Impact Report,” the $12,000 national median cost of a vinyl siding replacement job returns a solid 83% if you should decide to sell your home.

Fiber-cement siding also shows a strong payback of 79% in the “2015 Remodeling Impact Report.” Although its national median cost of $19,100 makes it the pricier option, it has one thing vinyl still lacks — the perception of quality.

Kitchen Upgrade

Because the kitchen is often the “hub” of the home, people are quick to fix up their kitchens. The kitchen is a highly important feature to a potential buyer.  The “2015 Remodeling Impact Report” says you can expect a return of 67% on the $30,000 national median cost of a kitchen upgrade, not to mention you will have a great desire to eat at home!

Deck and Patio Additions

Expanding your outdoor space is an excellent way to increase living space in your home for a much lower cost: approximately $8 per square foot compared to $120 per square foot of an indoor addition.

Turning An Attic Into A Bedroom

Getaway bedrooms are more than a daydream, they are an excellent investment. This is an excellent way to gain living space without increase your home’s footprint. There are code restrictions you will have to navigate, but if your home qualifies, this investment is well worth it.

New Garage Door

A new garage door is an excellent way to boost your home’s curb appeal for a modest cost. A project that replaces an older, two-car, embossed steel door has a current cost of about $2,300, according to the “2015 Remodeling Impact Report.” If you sell, you can expect a healthy ROI of 87% on your investment.

Modern garage doors offer many different design choices from factory finish choices, wood-look embossed steel, and glass window insets, the options are endless.

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Glen Betts
Glen Betts
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4651 Mesa Verde Dr., Greeley, CO 80634

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