Not all home improvement investments hold their value well.
Here are some that do. (source RIS Media and Remodeling magazine Cost vs Value report)
New Steel entry door
The face of your home… improving your door is easy, not that expensive, provides a new fresh look and pays off big with 91% ROI
Adding manufactured stone veneer
This project can improve curb appeal greatly and has an ROI of 97%
A daily necessity and a room everyone needs and uses. Bathroom remodels can run upwards of $50,000 and have an ROI of around 55%
Replacing exterior siding
Not a very exciting project but it goes very far in putting a fresh and updated look to your home. Nothing speaks “expense” to a buyer like a house that needs painting or re-siding. Estimated ROI 76%
Replace garage door
Sometimes these face the street and are very noticeable and sometimes not. Either way, garage doors are an integral part of our daily lives and ones that works well and looks great will add value. Estimated ROI 98%
Minor kitchen remodel
Paint the cabinets, install a new floor, change the hardware/appliances and install a new countertop and the like… minor improvements like those have an ROI of 81%
Often, the items that return the most are not the big-ticket items like luxury kitchen and baths. It is hard to recoup costs of adding a $30,000 bathroom or a $60,000 major kitchen remodel. But, a $1200 shiny new efficient entry door or $1600 new garage door pay off big in making your home seem brand new with a lower cost that is easier to recoup upon selling.
Have a question? Ask your First Weber agent
First Weber agents are in and out of homes every day and can help you with suggestions on how to improve your home in the smartest way. Take advantage of their knowledge in the neighborhoods and invite them over to talk home value/home improvements buyers like.
First Weber sells real estate throughout Wisconsin: Metro Milwaukee and Southeastern WI, South Central Wisconsin/Greater Madison, Southwest Wisconsin, Western WI, Central Wisconsin, Western WI, parts of Michigan’s UP, Northeast Wisconsin and Wisconsin’s great Northwoods. You can start searching for Wisconsin real estate and Wisconsin real estate agents at firstweber.com