Renovations That Pay Off
Exterior renovations are a necessity when it comes to the protection and maintenance of your home. Planning your renovation will help choose the right projects to move forward with and ensure that the renovations pay off!
The investment for a new roof is priceless. Replacing your roofing system is one of the most important renovations you can do as a homeowner. Your roofing system is meant to keep out the harsh weather and protect everything on the interior. When homeowners have their home appraised, a new roof can bring a 69 percent return on investment. Roofs on homes that are old and worn out will discourage mortgage companies from lending money, therefore making new home buyers ask for money off.
Replacing vinyl siding can be a major renovation, costing ten’s of thousands of dollars. Don’t be intimidated though! On an average size home that measures 1,250 Sq feet, homeowners should expect to pay anywhere around $16,000.00. Although the upfront cost is high, homeowners can expect to see a 75 percent return on investment when selling their home.
Replacement windows are a great way to recoup a large return on investment as well as immediately save on heating and cooling. Homeowners that replace their older windows with new replacement windows can see a Return on investment upwards to 73 percent. As stated above, this investment will upgrade the look to the exterior and interior, increase resale value and provide energy efficient windows for years to come.
Main entry doors make a statement on all homes, big or small. Investing in a steel, fiberglass, or wood entry doors will guarantee a renovation that pays off! Entry doors add to a homes curb appeal, offers protection against intruders and adds energy efficient value to the home. For instances, homeowners that install a steel door that is factory painted on both sides can recoup around 75 percent of their investment.
Decks & Porches
Renovations that pay off don’t always have to be large sized projects. Homeowners that install new decks and porches can expect a good return on investment. By expanding a deck or porch, homeowners add significant value to the resale and also provide a larger entertainment space for party’s and get togethers. Homeowners can expect a 76 percent return on investments when replacing or installing a new deck or porch.