When it comes to home improvement projects, they can be expensive. Whether you are working on a project you “want to do” versus a project that you “need to do”, at the end of the day it’s going to have a dollar sign next to it. Homeowners tend to lean towards upgrades around the house like new countertops and updating the bathroom with a new shower with fancy tile. While these might initially catch a sparkle in the eyes of potential buyers, the real value is in projects involving roofing, siding, gutters, and windows.
Roof and Gutter Systems
Few things can be more compromising to your home’s value than a leaking roof. According to isoldmyhouse.com, replacing a bad roof brings a 75 percent return on investment. If you have a roof that is prone to leaking, this should be prioritized, as you run the risk of damage to the interior of your home and its contents. New guttering can be equally important in carrying away water so it won’t stream down the side of your house and into the foundation. This helps prevent any sort of structural damage to the foundation and flooding to the interior of your home. If you decide to sell your home and the roof needs work, it is possible that most first-time homebuyers will not be able to get a home loan for a property such as this.
There doesn’t seem to be too much that’s exciting about getting new siding for your home until you consider that, in some cases, it can bring you up to 90 percent ROI. Aside from offering you more curb appeal, the real value in new siding is that it provides more insulation power, which means your utility bills should be lower in the summer and winter. New siding will also help protect your home from the elements and prevent moisture and pests from penetrating your structure.
Another great investment would be to install energy-efficient windows. On average, windows tend to occupy around 15 to 20 percent of the surface area of walls, which means they let in more heat in the summer and cold in the winter than any other surface of your home. It has been estimated that Americans lose around $20 billion per year in heating and cooling costs due to windows that aren’t energy efficient. You can easily net up to an 85 percent return on investment with new windows.
For the best ROI on your home improvement projects, contact us today at Grapevine Pro.