When it comes to your house, making it your own through updates can give you the house of your dreams. Many people have updates in mind when they purchase their home. Some updates are going to give you a bigger return on your investment than others though. If you are planning on selling your home in the future, you might want to consider ROI when making plans for renovations. MCM Hauling is here to talk about what updates will give you the most bang for your buck.
What Type of Home Remodel Adds the Most Value?
While there are some updates that are a no brainer for most homes including exterior paint, replacing broken fixtures, upgrading appliances and more, some of the bigger updates aren’t going to give you the same return on your investment. Following are the top updates for the highest ROI.
– Garage Doors: This might surprise some people, but when you replace your garage doors with newer ones, you can get an extremely high ROI. The average garage door replacement costs around $4,000 and you can plan on seeing a 93% return on that investment. This is the highest ROI for an upgrade in your house.
– Stone Veneer Siding: If you are looking for a way to give the front of your house a serious facelift, you can do it with stone veneer siding. It isn’t as expensive as actual stone and will give your home the same polish you get from stone. It is one of the hottest improvements on the market today. When you make this upgrade, you can get as high as 91% ROI.
– Minor Kitchen Remodel: The kitchen is certainly the heart of the home. It’s no surprise that is makes the list of highest ROI upgrades. Doing a minor remodel is going to give you a higher ROI than a major remodel will. You can give your kitchen a significant upgrade when you make updates like appliances, refacing cabinets, replacing countertops and changing out the flooring.
– Exterior Siding: Whether you decide to use fiber cement or vinyl siding to upgrade the siding on the outside of your home, you will see a significant ROI on the upgrade. Fiber cement will give you a slightly higher ROI at 68% while vinyl will give you 67%.
– Windows: The windows on your house are going to be the next highest ROI on the list. Replacing old windows with new vinyl windows will give you a ROI of about 67%. If you choose to have wooden windows put in your house, you will get a little lower ROI at 66%.
Junk Removal Services in Reading, Upper Darby Township, Chester & Philadelphia, PA | Atlantic City, Camden, Vineland, & Cherry Hill, NJ | Wilmington & Dover, DE
Anytime you are doing any renovations to your home, there is going to be a fair amount of demolition involved in the process. To haul off all that debris, you can trust MCM Hauling to get it done. That way, you don’t have to worry about taking dozens of trips to the local landfill. Call us today!
