When was the last time you thought to yourself, “I’m not sure if I should go through with this remodeling project. I don’t even know if it will in fact increase the value of my home.”?
This is a concern many homeowners have. On one hand, they want to enjoy the increased comfort that comes along with remodeling their homes, on the other, it may seem like a very costly affair to undergo this project. We have some good news for you, though. There’s a range of remodeling projects that will increase the value of your home by almost as much as much as you’ll have to pay for them.
To get a better understanding of the remodeling costs and their effect on home value, you should study the infographic made by Contractor Quotes. It looks at some of the most popular remodeling projects and how much you’ll recoup through an increased home value.
In this article, we’ll also take a closer look at a couple of them.
Replacing the vinyl siding on your home
A lot of Americans have vinyl siding installed on their homes as it’s a fairly durable, low maintenance material. Replacing the vinyl siding is also a popular remodeling project where you’ll on average be able to recoup 80.7% of the investment.
When you’re getting rid of the old vinyl siding, you might be having the idea that you would rather want another siding material. If so, you should make sure to look into the durability of the material you’re considering as well as the required maintenance with the new material. You don’t want to end up in a situation where you’ll be spending a lot more time on maintenance than you thought you would. It’s therefore a good idea to properly research the different house siding materials on the market before choosing.
Replacing your garage door
Garage doors, like the rest of your home, don’t last forever. At one point it’ll become time to replace your current one with a newer version. When you do, you will generally be able to recoup 88.4% of your investment through an increased home value.
When choosing the right garage door, make sure to choose one that compliments the style of the rest of the house. This way, you’ll maximize the value of your home. Also, choose one that’s appropriate for the weather elements of your region.
Remodeling your kitchen
We all know it. Kitchen trends may be fashionable for a certain amount of time. Your old kitchen has served you well but it’s about time you get rid of the old one and throw in something you will truly appreciate. When you do, there are good news. A minor kitchen remodel will allow you to recoup 79.3% of the costs while a major kitchen remodel will let you recoup 67.8% of the costs.
While there are certain things that are crucial when remodeling, like choosing the right style, you must also be sure to find the right remodeling contractor for the job. Being thorough in your research will allow your project to become a success rather than a failure. Researching all aspects of the remodeling project will benefit you in the long run. I hope the infographic has helped you get more confident about your up and coming remodeling project.