Are you ready to give your home the upgrade it so badly needs? Below are five of the most profitable home improvement investments you can make.
1. Adding Fiberglass Attic Insulation
According to a recent 2017 report by Bankrate, the average homeowner has a 108% return on installing brand new fiberglass insulation in the attic. If that wasn’t enough, the additional layer would reduce your monthly energy bills by $300-$500 annually. Although there are several types of insulation, fiberglass is your best bet for the attic area.
2. Installing a New Garage Door
You wouldn’t think that a garage door would give you much of a return on your investment. According to Remodeling Magazine, however, you can recoup at least 85 percent of the money you spend implementing a new door into the garage. This may also be a good opportunity for you to upgrade your door opener and remote panel systems.
3. New Windows
Although you won’t recoup as much of an investment on windows as you will other home improvement projects (best estimate is 74%), you will no doubt increase your home’s value by anywhere from $8,000 to $15,000. New windows will create a more energy-efficient environment inside the house. The result is reduced energy bills each month as well a well-preserved home structure.
4. Build a Wood Deck
The benefits of building a wood deck in your backyard are endless. If you decide to sell you home down the road, a deck will increase buyer interest. Decks provide lots of memories with families and friends during social gatherings. They add to the aesthetic value of your home. They also give you more habitable square footage. Decks are quick and easy to build and more affordable than you think.
5. Siding Replacement
This one really is a no-brainer. If the siding on your home is worn out and ugly, then you can’t expect your property value to remain high. There are too many issues at stake including energy-efficiency, infrastructure stability, interior comfort, curb appeal, and costly repairs. If the siding is in poor shape, your smartest course of action is to replace it as soon as possible. You’ll be glad you did.
If you are getting ready to launch your new home improvement project, then contact Keyprime Roofing. We provide a wide range of remodeling and roofing services including full installation, dependable repair, and complete replacement. We serve both home and business owners in the Minneapolis, Minnesota area. Call us today at 952-426-0132. We are the home remodeling experts.