How to Raise Your Home’s Value - Home Improvement Tips

raise your home's valueIf you’re looking for home improvement projects that will raise the value of your home, I have found a few that will do just that. You can choose one or all these home improvement projects to help boost your home’s value, and best of all each project is affordable and will definitely bring a return on your investment.

Affordable Home Improvement Projects

Exterior of Home – You can upgrade the exterior of your home using manufactured stone veneer. It costs less than natural stone, but will give your home that elegant or rustic look that you’re going for. Manufactured stone veneer does not require regular maintenance like wood or vinyl siding and it is more fire-resistant.

Average Cost: $7,000

Average ROI: 92%

Front Door – Replacing your front door with a steel door is one of the top home improvement projects that will bring a good return on your investment. They are easier to maintain than fiberglass or wooden doors. Steel doors are also more safe, and it can help boost your home’s curb appeal.

Average Cost: $900

Average ROI: 100%

Siding – Rather than scrape flaking paint year after year or painting faded siding every few years, you can replace it with vinyl siding. It is less maintenance and upkeep than wood siding and will bring you a good return on your investment. Vinyl siding also costs less than brick, cedar, or other manufactured stone sidings.

Average Cost: $12,000

Average ROI: 80%

Garage Door – There are so many new styles in garage doors to choose from these days. You can replace your old drab garage door with one that matches your home’s style. For example: if you have a ranch style home, you can add garage doors that look like barn doors. Choose the door that best fits your budget.

Average Cost: $1,500

Average ROI: 88%

A Deck – Adding a wood deck to your home can expand your living space to the great outdoors. It can be a great place to entertain friends, dine in lovely weather, or just relax. It is also appealing to home buyers. If you already have an outdoor space, you can enhance it with the addition of an outdoor fireplace, bar, kitchen, etc.

Average Cost: $10,000

Average ROI: 80%

These home improvement tips are brought to you by: Mary Anne DeYoung, your local real estate professional in Lake Havasu City, AZ and surrounding communities.  “Play like you mean it.”