Before you tackle a home improvement project, be sure it's adding value to your home. Here are three updates that may give your home value a measurable boost:
1. Garage door replacement. New garage doors come equipped with better insulation and higher-strength steel, making for fewer dings and dents. At an average cost of $3,611 and a resale value of $3,520, new garage doors recoup 97.5% of their cost.
2. Manufactured stone veneer. By replacing the bottom third of your street-facing façade with some manufactured stone, you’ll instantly boost the curb appeal of your home. At an average cost of $8,907 and a resale value of $8,449, this upgrade recoups 94.9% of its cost.
3. Minor kitchen remodel. No need to gut your kitchen here, instead freshen things up with new cabinet doors, new countertops, and new, energy-efficient appliances. As kitchen remodels go, an average cost of $22,507 isn’t a bad investment that recoups 80.5% of its cost.
Whether you're ready to buy, sell or invest in real estate, you need an expert in your corner. Call me today to find out which projects offer the best return on investment and how, together, we can maximize the value of your home.