Every homeowner dreams of rising property values. One way to increase your home’s value is to invest some money into home remodeling. But which home remodeling projects bring the most return on investment?
This 2015 cost vs. value trends report from Remodeling shows that trends indicate that you may want to turn your attention to the exterior, and consider energy-efficiency upgrades. Check out all five home improvements that add value to your home, brought to you by Centennial Construction & Remodeling Services, Inc.
1. Raise the roof.
Currently up almost 6% from previous years, a new roof is a top contender in home improvements that add property value. So if your roof is looking a bit sad or saggy, contact a general contractor or roofing company today!
2. Consider replacement windows.
A drafty home translates to wasted energy and higher utility bills. If you’re trying to sell your home, buyers want to know that your home is as energy efficient as possible. The words “replacement windows” may be what buyers need to hear to make an offer.
3. Say goodbye to old doors.
From your entryway door to your garage door, you cannot go wrong getting new doors in 2015. Garage door replacement and entryway door replacement seem to be taking the lead in home improvements with high values.
4. Amp up the kitchen.
While exterior fixes seem to be gaining traction, a kitchen remodel has withstood the test of return-on-investment time. The kitchen is one of the most-used rooms of your home, and making it look its best is a huge plus. Consider whether updated appliances, new countertops, or a fresh wall color are right for your kitchen remodel. Note that a minor kitchen remodel tends to have better return than a major overhaul.
5. Give your home office a fresh face.
If you work from home, you know the value of having a space dedicated to your job. A home office helps separate business and personal life. So as you look at your home remodeling options, consider whether a home-office remodel is a good option. In 2014, a home-office remodel saw approximately 49% return, which was up 12.1% from the previous year.
Before you dive into new home improvements, be sure to weigh the cost versus value of remodeling. You may also want to contact a real estate professional to ask about trends in your area.
When you’re ready to get started with home remodeling, Indianapolis residents can contact Centennial Construction & Remodeling Services, Inc. at 317-848-7634. We specialize in interior and exterior home remodeling projects, serving residents in Carmel, Fishers, Westfield, and the greater Indianapolis area.