What home improvement projects add value?

Projects that increase the value of your homeRemodeling the kitchen. Kitchen Upgrades Pay Off. An updated bathroom is an important selling point for any home. When renovating, incorporate sleek surfaces to create a sparkling space that makes cleaning easy.

According to the same report from the National Remodeling Industry Association, real estate agents estimate that homeowners can recover up to 57% of the cost of renovating a bathroom if they sell their home. The heating, ventilation and air conditioning (HVAC) in your home are the components that keep everything running. These are some of the most important elements to maintain. In addition, real estate agents estimate that homeowners can recover 85% of the cost of an HVAC replacement if they sell their home.

An attractive garage door ranks high on the list when it comes to getting a return on your investment. The estimate for this work is based on the cost of removing and disposing of 16 by seven foot garage doors and replacing them with four-section doors with heavy-duty galvanized steel rails, and it is assumed that you are reusing the motorized garage door opener. This exterior appeal enhancer could make you recover almost the full amount (93.3 percent) of what you spent on it when you sold your home, one of the few home remodeling projects that did so. Stone always imparts a classic and elegant atmosphere.

Replacing vinyl siding with stone veneer even in a part of your home, such as the entrance, can greatly improve the exterior and, once again, the exterior appeal of a home. The average cost estimate represents 36 linear feet of thresholds, 40 linear feet of corners and a block of addresses, and materials including two layers of water resistant barrier and corrosion resistant battens and fasteners. This project also recovers almost all its cost (just over 91 percent). The classic wooden deck is less expensive to install, although it requires more maintenance and offers quite good performance, close to two-thirds of its outlay.

The estimate is for a 16 x 20 foot platform with a simple pattern floor, railings and stairs, plus a built-in pot and bench. You don't have to worry about them rotting, warping or splintering like wood usually does. As a result, they're more expensive, reducing their ROI a little, up to 62 percent. Remodeling Magazine includes a new family room on the first floor and a bedroom on the second floor with bathroom in this two-story addition, but any addition of square feet will add value, said John Kmiecik, regional vice president of the National Association of Realtors.

Remodeling Magazine's quoted cost includes upgrading an existing 5-by-7-foot bathroom and replacing all fixtures, including installing a porcelain-on-steel tub with ceramic tiles around it, a new shower, a standard toilet, and a new tile floor. Converting an attic into a bedroom, especially when you can also add a bathroom, adds value in the same way as a two-story addition. While it won't increase the overall square footage of the house, it does add another bedroom. That places a home in another category, allowing sellers to charge more.

Just two years ago, wooden platforms recovered about 70 percent of their value, after falling during the recession. But with the economy improving and outdoor spaces becoming more popular, shoppers' interest is reawakened by a quality wooden deck in the back. The cost involves a 16 by 20 foot platform with built-in bench and pot, stairs and railings. Home improvement projects can be difficult to prioritize and budget for, so it's important to choose the ones with the most benefits.

A home equity loan can be a good candidate for paying for home improvement projects if you have a firm idea of what you want to do and how much it will cost you. Whether you buy a new home or one that has already been lived in, there are always improvements and renovations you can make to improve the space. Smart home devices are becoming increasingly popular in the real estate world, helping to increase home values and add new appeal for prospective buyers. Instead of getting lost in a sea of ideas and dreams for home improvement, evaluate which activities carry the greatest return on investment (ROI) to ensure that you not only improve your space for you and your family, but also for prospective buyers in the future.

Depending on how old your property is, there are likely to be some home improvement projects that can be done to update it in terms of residential building codes. Buy the molding from a home improvement store, cut it to the size that fits your room (or ask the store to cut it for you) and attach it to the top of the wall with a nail gun. To finance home improvements, consider a remodeling or home repair loan, which are unsecured personal loans that you can get through a bank, credit union, or online lender. Because of its low cost and durability, adding steel front doors generally offers the highest return on investment of all home improvement projects, according to Remodeling Magazine.

Some of the best home improvements think that a renovated kitchen, new terrace, or remodeled bathroom can be costly. While exterior home projects may offer a higher return on investment than interior remodeling, the 35 home improvement projects listed in the survey returned value this year, thanks to rising home prices that outpaced rising construction costs. Putting some of these home improvement ideas into practice will help you get the most value out of one of your most important assets, whether you're planning to stay or sell. To find out how to improve your home's energy efficiency, consider a professional home energy audit.

Painting, re-grouting tiles, and pressure washing the outside of your home won't cost a lot of money, but these do-it-yourself home improvements can add real value to your home. . .