5 Home Updates That Pay Off
If you’re thinking about selling your home or buying and renovating a new home, often times the first question that comes to mind is “what upgrades will give me the most bang for my buck?” These 5 home projects will add value to your home and help to solidify a solid return on investment.
1. Garage Door
A brand new garage door not only ups the ante on curb appeal…at a nearly 98% return, it tops the list of upgrades that will stack cash back in your pocket. Go for a garage door that is appropriate for the area. If you live in Coastal, hurricane areas, an impact garage door will impress a new buyer.
2. Entry Door
Don’t stop at the garage door! A new entry door will polish off the front of your home, while also ensuring an almost 90% return on investment. Not all doors are created equal though, you’ll want to pick a style that compliments your home. Dark interior? Choose a door with a glass panel that allows light to enter the home.
3. Minor Kitchen Upgrades
You don’t have to go all out to see a return on investment here. Replace old countertops or reface existing, outdated cabinets and upgrade hardware and lighting. A clean, bright, kitchen update often recoups 80% of it’s cost and almost guarantees a quick sell.
4. Minor Bathroom Upgrades
The sentiment is the same here as is for a kitchen, a little goes a long way. Install a new countertop, new faucets and shower head. Ditch the old builder mirror and hang a wood-trimmed mirror for a custom look. A new coat of bright white paint goes a long way in a small bathroom and often you will recoup up to 70% of this investment.
5. New Windows
Old, outdated windows can turn buyers off. Spring for new, double paned, energy efficient windows throughout. Not only will you get a nearly 70% return on investment, you’ll save a ton on your heating a cooling bill each year!