For homeowners seeking to give their home a facelift – whether in preparation for selling their home or for their own enjoyment – it’s always a smart idea to seek those improvements that will provide the best return. In order to aid in this decision, every year Remodeling magazine publishes a Cost vs. Value Report listing the remodeling projects with the best return on investment (ROI), detailing the value each retains at resale. If you want to get the most for your money in 2019, here are the four remodeling projects you’ll want to focus on.
Minor Kitchen Remodel (ROI: 80.5%)
Updating your kitchen doesn’t have to break the bank. A minor kitchen remodel can include such things as resurfacing your kitchen cabinets instead of replacing them, changing out old hardware for something more eye-catching, installing new countertop or flooring, upgrading a couple of your older appliances to more energy-efficient models, and even brightening up the room with a fresh coat of paint. This type of remodel will allow you to enjoy your kitchen more, raise your home’s value and likely fetch a higher selling price when it comes time to sell your home.
Deck Addition (ROI: 69.1% Composite, 75.6% Wood)
A sturdy new deck installed by a deck installation service makes an excellent addition to your outdoor space, providing the perfect gathering spot to enjoy summer nights and to entertain friends. An attractive, high-quality deck will not only expand your living space, it will also boost your home’s curb appeal and help increase the number of offers you get when you put your house on the market. Keep in mind, however, that the type of material you use to build the deck has an effect on how much you’re able to recoup from your investment, with wood products providing a better return than composite materials.
Entry Door Replacement (ROI: 74.9% Steel)
Your front entry door is one of the first things people notice about your home. If your entry door is old, dented and scratched with peeling paint, it’s not going to provide a great first impression, especially if you’re trying to sell your home. After all, you want to get people in the door, not chase them away. Installing an attractive new steel entry door is a smart investment, as it will not only improve the look of your home’s entryway, it will also provide better security and be much more energy-efficient than the previous one.
Bathroom Remodel (ROI: 67.2% Midrange, 58.1% Upscale)
Another beneficial home improvement project is a bathroom remodel. We all enjoy having a space in which to pamper ourselves a little after a hard day at work, and a comfortable place to get ready for the day. A bathroom remodel can give you this without putting a huge strain on your bank account. While you may be tempted to go big and turn your bathroom space into a luxury spa retreat, you’ll actually see a better return on your investment if you choose materials that are a little more affordable yet still of good quality.
Find a Handyman Near You
To find a handyman near you to help with these remodeling projects, all you need to do is give Handyman Connection a call at 1-800-88-HANDY. Our experienced craftsmen know just what to do to provide you with the best return on your investment this year.