Home remodeling can be a giant undertaking when you are living where you remodel. After all, who wants to live in a demolition zone? But in most cases, remodeling can create a large return on investment and improve the quality of your home life.
When it comes to home renovations, it isn’t always easy to figure out which projects to start with. The trick is to focus on the projects that will likely provide you with the best return on investment and improve your quality of life while you are still living in the home.
Here are some top home remodel projects that will likely add the most value to your home and your home life.
Remodel Project and average percentage of recouped costs at sale according to this report from CNBC
- Garage Door Replacement (103%)
- Bathroom Remodel (67%)
- Kitchen Remodel (86%)
- Entry Door Replacement (101%)
- Wood Window Replacement (61%)
- Vinyl Window Replacement (69%)
- HVAC Electrification (103%)
- Fiber Cement Siding Replacement (89%)
- Replace House Siding With Stone Veneer (102%)
- Vinyl Siding Replacement (95%)
ROI aside, it is best to prioritize your home improvement projects according to your budget and home quality of life. For instance, if you know you will be living in your home for the next few years, a kitchen remodel or bathroom remodel could both be more important projects to do first because they can improve the quality of your current home life. Moreover, if you have no immediate plans to move, working on bath and kitchen projects first will allow you to enjoy them for the duration of your time in the home.
Did you know?
It is estimated that over ninety-five percent of homeowners say they plan to take on a major home improvement project within the next five years. However, only 50 percent say they cannot afford it at the time. Consider getting a HELOC (home equity loan) from a trusted lender, such as nbkc bank, which is well known for its bank mortgage and home equity products that you can utilize for funding your home improvement projects. Want to learn more? Contact us for a free estimate.
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