Home Improvement Projects That Add the Most Value to Your Home
If you’re thinking of embarking on a home improvement project, it’s important to choose one that will add the most value to your home. Not all home improvement projects are created equal, and some will yield a higher return on investment than others. Keep reading to learn about some of the best home improvement projects to invest in if you want to get the most bang for your buck.
Major Kitchen Remodel: One of the most surefire ways to increase the value of your home is to remodel the kitchen. A major kitchen remodel typically returns 91% of its initial investment, making it one of the best investments you can make. If you’re planning a major kitchen remodel, be sure to include high-end materials and finishes, as well as energy-efficient appliances.
Entry Door Replacement: Replacing your entry door is a great way to improve curb appeal and increase the value of your home. A new entry door typically returns 90.7% of its cost. When choosing a new entry door, be sure to select one that’s made from high-quality materials and is energy efficient.
Deck/Patio/Porch Addition: Adding a deck or patio is an excellent way to increase outdoor living space. It’s also a very profitable home improvement project; decks typically return 86% of their cost, while patios typically return 84%. If you’re planning on adding a deck or patio, be sure to choose high-quality materials that will withstand the elements.
These are just a few of the home improvement projects that offer the highest return on investment. When planning your next home improvement project, be sure to keep these in mind so that you can maximize your profits.