Real Estate
5 Home Improvement Ideas with Big Return on Investment
If you are thinking of home improvements this winter, here are a few that are well worth the cost.
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Winter is a great time to think of ways to make your home better. Whether its purely for your enjoyment or to get it ready to sell, these home improvement ideas are worth the money.
New Deck - Adding living space is a great way to increase the value of your home, even if that space is outdoors. Buyers love to picture themselves in that beautiful outdoor retreat. With a 75% ROI, a new deck is a cost-effective home improvement.
Basement Renovation - Fixing up your basement adds a whole new level of living space. The 70% ROI is higher than a kitchen or bathroom remodel. However, be sure to deal with any moisture or mold issues before you begin. Buyers will be comforted knowing there won’t be any water in the basement to deal with.
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Attic Insulation - While its not the most glamorous project, adding warmth and efficiency to your home will pay off. It has the highest ROI of 116% and can be done in a weekend.
New Front Door - A new front door leaves a lasting first impression. It is a quick and simple project that has a 91% ROI for a steel door and 82% ROI for fiberglass. If replacement isn’t in the budget, a fresh coat of paint and maybe some new hardware will still give it that fresh, new feel.
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Replace Windows - Increase the curb appeal and energy efficiency of your home with new windows. You can expect a 72% ROI whether you choose vinyl or wood frame windows. It also makes a great selling point!