You probably love getting your hands dirty when it means that your house will be better for it. Working through a home improvement project is gratifying in more ways than one. You can enjoy the methodical roller coaster that is building, and enjoy the finished product for years after you are done.
However, it can be a challenge to figure out which projects are most beneficial to your property. Take a look at a quick summary of a few home improvement projects you may want to consider due to their unusually high ROI (return on investment) possibilities.
Minor kitchen remodel
You can recoup close to 90 percent of your investments when you do a minor remodel of your kitchen. The kitchen is the heart of the home, and buyers always pay close attention to detail in the kitchen.
Spruce up the countertops. Add energy efficient appliances in the space. Resurface cabinets, and slap on a fresh coat of paint along with some new hardware.
Minor bathroom remodel
If you spend around $10,000 refurbishing your bathroom, you’ll stand to gain at least $200 at resale. The average ROI on a minor bathroom remodel is over 100 percent. As long as you are particular in the ways in which you spend your money throughout the course of the improvement process, you stand to gain value in your home in the end.
Add new flooring throughout the home
Adding new floors in your home will make it look like a brand new space. Be smart when choosing materials for your flooring, and always work to restore old hardwood floors. They are durable and gorgeous, and you will save thousands in costs by resurfacing your old floors.
Also, don’t lay the same flooring throughout the whole house. It’s boring. Don’t lay more than three types of flooring either. The kitchen should have a durable and washable material, as should the bathrooms.
Replace the garage door
Replacing your home’s garage door will give it a sort of facelift. You’ll spend an average of $3,600 and recoup close to 98 percent of those costs when you sell. Your home will also give a much stronger first impression once you decide to list it on the market.
In terms of materials, use steel tracks and a door that matches the aesthetic of the rest of the house. Motorized is the best way to go as well. The simple push of a button makes the garage feature much more appealing to buyers.
Add to the surrounding landscape
Sprucing up the yard will help make a more memorable first impression on prospective buyers, and make you more comfortable while you’re still occupying the property. Plant some perennials, and keep up with regular yard maintenance to retain the beauty of your newly refreshed yard.