Homeowners all over the country are asking themselves if it’s worth moving in this economy. While some people are forced to move because of job transfers or an unfortunate economic situation where they’ve lost their job, others who planned on moving are instead making their house the home they want through thoughtful updates. Smart homeowners know that the best updates will look great, improve the efficiency of their home and give them the greatest return on their investment when they do decide to sell.
Why Update House Siding?
Home improvement contractors know that updating the house siding can provide one of the biggest returns on investment, but why? Two words — curb appeal! Improving a house’s curb appeal can help set the tone for what buyers expect when they walk in the front door. However, all house siding isn’t created equally. Vinyl, which is a common type of house siding, typically gives sellers a 69% return on their investment, while fiber cement house siding provides a return on investment that’s closer to 80% (that’s the best ROI in the industry and is even better than paying to upgrade a kitchen!). Homeowners are realizing that there can be a big difference in these homes with these types of exteriors. While vinyl can fade, crack or even melt if a heat source comes too close, fiber cement is sturdy and doesn’t succumb to the elements like vinyl can.
What Impact Do New Windows And Doors Have?
New windows and doors are another project that can increase a home’s value when done correctly. High quality windows and doors offer around a 70% return on investment, but the value goes beyond that. The next time it’s windy, take a look at your windows and doors. Are the curtains moving? If so, you probably have air leaks all around the windows and doors. Replacing them can help fix these leaks, which means it will cost you less to heat and cool your home throughout the year. Many homeowners find that cost of new windows and doors pays for itself in energy savings well before they need to be replaced again.
Why Roofing Is Important
Aside from protecting your home from the elements, new Roof Repairs materials can mean big bucks when it’s time to sell. A home with new roofing materials could be the difference between a buyer choosing yours and another similar one — after all, no one wants to repair a roof right after they move in. Additionally, a home with new roofing gives sellers nearly a 60% return on investment. While this is less than updating house siding or new windows and doors, it’s still a better return than a bathroom remodel or garage addition.
If you’re planning on staying in your home for a while, it’s important to make updates that make you happy. However, it’s not a bad idea to think of updates that will give up the greatest return on your money when you do decide to sell. Combining your likes with things buyers will appreciate can allow you to get the best of both worlds.