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Top Ten Projects to Improve Your Home’s Value

July 22, 2015

 

Your home is your greatest asset. When it comes to home improvement projects, there are varied possibilities to look into for not only better design and comfort for you and your family, but also will help increase the value of your home. This is something to keep in mind if you are planning to sell your home. But what improvement projects will bring you the most bang for your buck and help you sell your home for more? The California Association of Realtors® has put together a list to help you choose what you can do to add more value to your home.

top 10 home projects

The one improvement which will give you the best return on your investment is at your door, your front door that is. A new front door will pay itself back 101%. This is often the first thing potential buyers will take note of as they enter your home. A stylish door welcomes people in and makes them want to know what is on the other side. Manufactured stone veneer projects will add the look of real stone to your home at a fraction of the price and bring in an estimated 92.2% return on the investment. This decorative element can be applied to the outer walls, fireplace, kitchens, and more.

Replacing your siding or garage doors can bring between an 80-88% return on your investment when it comes time to sell your home, depending on the cost-range budgeted to replace these features. A midrange budget will bring more of a return on your investment. A midrange garage door comes in at 88.5% return. Fiber cement siding, a high-end replacement, can bring in 84.3%. An upscale garage door can bring you an 82.5% return and vinyl siding 80.7%. Whatever you decide to do with your garage door or siding, the changes will add to your curb appeal.

If you replace or add in a wood deck in a midrange price, you can expect up to an 80.5% return on your investment. A deck gives you additional living space outside and is a big attraction for potential buyers. You don’t necessarily need to tear out and remodel your entire kitchen to get a good return on the investment. Small kitchen remodel jobs can bring a 79.3% return. Replacing your windows can garner a 78.8% gain on the money spent. Like your door and siding, new windows will add to your curb appeal, and great curb appeal is one of the best ways to get potential buyers to come view your home. Foam backed vinyl siding, a high range budget improvement, can give you a 77.6% return. Other siding replacements, if you choose to go with a higher end product, will still pay off.

These ten home improvement projects have been found to give you the best results for a return on your investment when it comes to selling your home. When you are ready to sell or buy a home, myself and my team are ready to help you through the entire process. We make the business of real estate a pleasure for you to experience. Contact us today at (925) 634-7820 or by email at realestate@cecily.com.

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