Jenna Huff Home Remodel April 15th, 2019 - 01:27:40
In recent years, there has been a resurgence of homeowners looking for ways to give their home's a new look - but not every upgrade has an ROI worth talking about. Here are some of the top home remodeling projects for garnering a high ROI.
Your home represents a big investment -- perhaps the largest of your lifetime. Safeguard and update your property with careful planning of home remodeling projects to make sure they add value, comfort and safety to your home.
Conversely, contractors may be experiencing more work in the home improvement spectrum. Replacement projects typically outperform remodeling projects anyways due to their relatively low cost (a replacement project is any remodeling project completed under $18,000). One of the best replacement project a homeowner can do for their home is a window and door replacement. According to the Cost vs. Value report, a window and door replacement can return over 70% of the cost, 13% higher than kitchen remodeling's ROI. New windows and doors are considered a valuable replacement projects because there have been numerous advancement in window and door technology, specifically advancements in energy efficiency. This is especially appealing to homeowners since more efficient windows and doors can lower utility bills, which is a huge plus in this market. It might seem obvious that the value of saving money has wide appeal, but it wasn't too long ago that double ovens and hummers were in fashion.
Kitchens have become more of a gathering area for entertaining and the shift has been for people to spend more time in the kitchen. It has been found that most people choose to move into a house that does not require renovating. This is an important consideration if you are planning to sell your home in the coming months. A recently remodeled home can be easier to sell and the increased value will generally return more than the cost of renovations.
Of course to actively preserve its qualified and recognized performance, the Gold Star Home Remodeling constantly hones its skill by participating in the Michigan Bureau of Construction Code's Online Code Training Series that educates building department personnel to have a greater knowledge and understanding of the codes so they can effectively enforce and inspect for building code regulations, assists builders to construct better buildings that are always in compliance with the new state building codes, and instructs architects and engineers on understanding the new codes that will be reflected in their engineering and designs.
Always remember that a good contractor can be a life saver and a bad contractor, on the other hand, can be a nightmare for nervous homeowners. If you know someone who has recently made home improvement similar to your own plans, ask for their contractor's name and contact information. Ask local building supply stores for referrals, since they deal with reputable local contractors on a daily basis. A good contractor is always in demand, so you may want to plan your home remodeling project around his or her schedule. Try not to allow impatience to be your guide when it comes to hiring contractors. There may be a very good reason why a certain unknown contractor is available right away.