Home renovations that give you the most bang for your buck
Trying to make the most of home renovations that give? You are in the right place. Below we break it down in plain English, with practical tips you can actually use.
Key Takeaways
- Advertisement When it comes to home improvement projects, it’s important to prioritize both your personal values as well as the potential re...
- And when you’re on a budget, you want to make sure you’re spending your money wisely and really getting the biggest bang for your buck!
- Read more: 5 ways home improvements can qualify for tax breaks First think about what you’re trying to accomplish.
When it comes to home improvement projects, it’s key to prioritize both your personal values as well as the potential return on investment. And when you’re on a budget, you want to make sure you’re spending your money wisely and really getting the biggest bang for your buck!
Read more: 5 ways home improvements can qualify for tax breaks
First think about what you’re trying to accomplish. Some typical goals of home improvement projects may include:
- increasing resale value
- expressing personal taste via interior design and curb appeal
- maintaining and protecting your investment
- added comfort, convenience and functionality
- energy efficiency, savings on utilities or green upgrades
- storage solutions for more organization
- more sleeping and living space
Home improvement projects that accomplish multiple goals
So when you’re trying to decide which improvements to tackle first, or which ones to take on at all, consider projects that accomplish multiple goals:
- Best ROI for resale: Improvements that allow you to recoup the most on your investment when it comes time to sell the home.
- Install a new steel entry door: According to Remodeling 2015 Cost vs. Value Report, the national average ROI for a replacement front door costing $1,230 is 101.8%, the top return on a remodel.
- Paint the front door a bright color to accomplish self-expression and improve curb appeal.
Read more: 10 home improvements that can really hurt ​
- Protection from the elements and energy efficiency: These improvements last a long time and increase the home’s value to future buyers. Here are a few things to consider replacing with upgraded, energy-efficient versions:
- ​roof
- furnace
- kitchen appliances
- ceiling fans
- window
- Shiny good looks for the kitchen
- Extra space for people
See more on the ROI for these improvements.
AdvertisementFinal Thoughts
The bottom line: a little research on home renovations that give goes a long way. Compare your options, watch for seasonal offers, and never pay full price when a better deal is one click away.
Originally published at clark.com.
SnaggyCodes Editorial Team
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