Home improvements, whatever you do you want to know it is worth the investment. If I improve this in my home, will I get a return on the investment… What is the bang for the buck, and which home improvements are worth considering?
Being summer time, it is a great time to consider one of the best investments a homeowner can make, upgrading their landscaping. What would that entail? Trees, foundation shrubs, flagstone walkway, bright flowers and a fresh mulch. By adding these to your yard the typical return is close to 100% or higher. It is an investment that will continually grow, get it, continually grow…
While we are on the subject of outdoors a patio or deck is worth the investment also. It not only extends your living space but will allow you to enjoy all that work you did upgrading your landscape.
A new roof is one that will achieve 100% return similar to landscaping. If you have shingles missing, roof covered in moss, or stains on your ceilings and walls it’s time to consider this investment. It will also help you with your energy bill. A new roof is one thing every home inspector looks at, along with buyers when it’s time to sell, so if you need a new one, invest in it and at least enjoy a dry house while you live there. Adding insulation under your roof is not only saving you on heating and cooling cost it will reap you a 95% return.
Another big improvement is Hardwood Floors. They are classic, timeless everyone loves and desires them. So if you have them and are noticing they’re worn, not looking the best, give them some TLC have them refinished and reap the return when you sell. If you don’t have them and want to replace your flooring you currently own, you will gain about 90% return on the cost.
So for doing one or all five of these improvements, for the money you invest, you will get just about every dollar back in value; now that is a better return on investment than the stock market! Here the National Association of Realtors broke projects down, along with the satisfaction or “Joy Score” of getting the project completed:
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