If you’re thinking about remodeling this spring, it’s important to remember that no matter how great your house looks, if the bones are wrong, the rest of the house isn’t worth a whole lot. And while investing in a fancy steam shower or a master bedroom remodel might sound enticing, there are a few other improvements you should worry about taking care of first.
At Kiser Construction, we know bells and whistles are always the most attractive improvements on every homeowner’s remodeling wishlist. But we also know that many of those upgrades don’t deliver appreciable returns when it comes time to sell.
To help you make a wise investment in your home, we've listed home upgrades that offer the highest return on investment below.
General Restoration
Let’s face it, anything and everything has the potential to cause damage to your home. Whether you suffered from storm damage, fire damage, or water damage, sometimes you may not be able to resolve the issue right away.
When you finally have the means, damage restoration will vastly improve the state of your home and your overall quality of life. Maybe just a tiny room sustained damage; perhaps it’s half of your home; either way, restoring damaged areas will bring it back to its former glory while pumping up the overall value of your house once again.
Roof Replacement
According to the National Association of the Remodeling Industry (NARI), putting a new roof on your home can net you a return of 109%. That means that, unlike most home improvements, you can actually make a profit on a roof replacement when you sell your home.
Just make sure you know what to look for in a reputable roofing contractor to ensure the final product meets the highest quality standard.
Siding Replacement
Putting new siding on your house is likely to net you a 70% return on investment. But depending on the type of siding you select, your ROI may be even higher than that.
Steel, fiber cement, and faux stone veneer all offer impressive returns. Wood, vinyl, and aluminum siding will still yield appreciable returns, but just not as high.
If you’re curious about what it might cost to replace the cladding on your house, get in touch with a reputable siding contractor to get a project estimate.
Deck Construction
Hiring deck contractors to build you a quality patio area in your backyard will deliver an ROI of approximately 76%-83%.
This particular addition might not be high on your to-do list, but research doesn’t lie: prospective buyers are looking for homes where they can enjoy entertaining outdoors.
New Entry Door
When it comes to selling a house, curb appeal is critical, and your entry door plays a significant role in the impression your home makes on prospective buyers. That’s why upgrading your main entry door is one of the highest ROI home improvements you can make.
On average, new entry doors recoup about 76% of their investment, and the best part here is that they’re relatively inexpensive. To find out what it’ll likely cost you to put a new front door on your home, get in touch with a window and door contractor to get an estimate.
Home Addition
Nothing improves the overall value of a home quite like a new addition! It may seem like a daunting task to build a whole extension to your home from frost-level up, but it pays off ten-fold down the road.
Whether it’s a new bedroom, extra bathroom, or an extension of a common area like your kitchen or living room, a new addition is well worth it!
Minor Bathroom Remodel
Hiring bathroom remodeling contractors to complete a few minor upgrades to your washroom can net you a return of about 70%. So what do minor upgrades entail?
Generally, you’ll want to focus on the following areas:
● Flooring
● Mirrors
● Fixtures, faucets, drawer pulls, etc.
● Toilet
● Tile and countertops
If you’re not certain what you want or need, it’s always a good idea to sit down with a reputable remodeling contractor to plan things out.
If you’re only in the market for minor improvements, the pros can point in the direction of upgrades with the highest ROI.
Attic Insulation & Ice Dam Removal
Ice dams are clear indicators of significant issues on your roof and in your attic. Ice dams forming on your roof have the potential to cause a great deal of damage to your roof and its underlayment, not to mention put your family, pets, and other property at risk.
Ice dams form as a result of improper attic insulation. The heat from your home rises to your attic, increasing the temperature of your roof during the winter, which melts the snow. The snowmelt makes its way to the gutters and freezes again.
Not only do ice dams cause damage, but they are also an indicator of poor insulation in your attic. Insufficient attic insulation causes your heating bill to skyrocket over the winter months. So, insulating your attic and removing any ice dam will pay off plenty in the coming years.
Hire High-Quality Remodeling Contractors in the Twin Cities Today!
If you’re in the market for a few home improvements, let our team at Kiser Construction help you bring your vision to life! Our roofing contractors, siding contractors, deck contractors, bathroom remodeling contractors, and kitchen remodeling contractors are among the best in the industry, and our number one goal is your complete satisfaction.
To learn more about how we can help you or get a project estimate, call our Elk River, MN office today at 763-633-2010 or send us a message, and we’ll be in touch!