Disclosure: This post may contain affiliate links, meaning we get a commission if you decide to make a purchase through our links, at no cost to you. Please read our disclosure for more info.
Remodels can be incredibly costly. Therefore, the last thing that you want to do is to throw money on something that isn’t going to boost the value of your home. This is why you need to be so careful with which renovations you invest in. Below, you can determine which changes can net you the highest ROI:
In This Post:
1. Adding Siding
As you will have realized, curb appeal matters a great deal to homeowners. Everyone wants the outside of their house to look as nice (or even nicer) than their interior. And, they are willing to pay for it too!
This is why adding siding to your home can boost its overall value. Now, you have two options here – fiber cement siding and vinyl siding. Fiber cement siding costs more, but also adds more due to aesthetic appeal. Vinyl isn’t too far behind, though. Therefore, when crunching the numbers, it may all come down to personal preference.
If you want to do away with siding completely, though, manufactured stone veneer at the front of the house is a good investment. It can also help you to recoup up to 92 percent of your investment!
2. Replacing Your Garage Door
Believe it or not, replacing your garage door is one of the best investments that you can make. For one thing, choosing a more stylish door helps to raise curb appeal. At the same time, modern garage doors can do quite a bit to improve the overall energy efficiency of the house which is certainly appealing to new homeowners.
Last but not least, garage doors can help to add security to your home. Choosing something with state-of-the-art safety features can make potential homebuyers feel a lot better about choosing your house.
3. Updating Your Windows
Believe it or not, windows are excellent investments, making a replacement window showroom a must-visit place for you. The reason that these are such sought-after features is because they increase the energy efficiency of your home. Thus, you can save quite a bit of money on your utilities on a monthly and yearly basis.
To make things even better, you may also be eligible for Ontario windows grant for rebates in certain circumstances. If you are actively trying to make your home more energy efficient, then you may receive financial help for your remodel. Thus, this is something that you should definitely look into.
4. Minor Kitchen Renovation
Kitchen remodels have been a bit controversial over the last few years. As a major room in the home, sprucing up this area can help to make it more functional and efficient. This is something that all homeowners can appreciate. Unfortunately, such a remodel can be quite expensive as well.
This is why a minor kitchen remodel is the way to go. Only change up things that are really important. Also, take shortcuts such as painting kitchen cabinets instead of replacing them to save money but switch up the overall aesthetic of the room.
These are the top remodel ideas that can bring up the greatest ROI. Therefore, if you are thinking of making a change, you now know where to start.