You may ask yourself, why do I care about ROI (return on investment) when I’m not selling my home?
Your home is your biggest investment and even if you aren’t planning on selling your home in the near future, you should plan your home improvement projects with ROI in mind. For me, increasing ROI was important because David and I needed to re-finance our home and wanted to increase the value. Below you’ll find a list of the top five best home improvements to increase home value and maximize ROI.
These TOP 5 BEST HOME IMPROVEMENTS are a win-win as they improve your family’s lifestyle, boost home value and save you money!
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Siding 84.3% ROI
Siding protects your home from the elements and can improve your curb appeal. You need to be weary of cheap siding that over time will not protect your home and decrease your property value. When choosing a style, make sure it is the right choice for your home. For example, coastal towns from Newburyport on the North Shore to Hingham on the South Shore, wood shake look is most popular. To get this look a homeowner can install Hardie fiber cement siding or vinyl siding that looks like wood, but requires less maintenance and will give your home a classic look. Did you know that old, worn siding can contribute to a loss of up to 10% of your home’s value? Make sure you hire a professional to make sure it is properly flashed, vented and caulked. Get a facelift with new maintenance-free siding and receive up to 84.3% ROI!
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Doors 109%ROI
The first thing every person looks at is the front door, and why wouldn’t they? It’s the entry way to your home and shows your style. One of the best, easiest outdoor remodels is to switch out your front entry door. A customized door can add instant curb appeal to your home. New energy-efficient doors and windows also have a financial benefit, as they can save you a ton of money on your energy bills.
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Windows 77.5% ROI
In fact, replacing windows is one of the most energy efficient ways to start saving money! Drafty windows can increase your energy bills up by 40%! Choose the right kind window for your type of home. For example, a colonial style home works well with double hung windows. A key factor when choosing a contractor is to make sure you hire a licensed and bonded contractor and they are measured and installed correctly so you don’t lose or gain heat around the window sill or jambs.
During the dog days of summer this August, the next best thing to being outside, is sometimes, looking outside. There is no better time than summer, especially this tax free weekend with 12.5% off your entire purchase, to invest in new windows to keep the cold out this winter (brrrr… I don’t even like to mention the “W” word) and minimize heat in the summer.
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Roofing 71.6% ROI
Roofing is the most important part of your home’s weatherproofing and insulation system and can save you money on your heating and cooling bills. A poor roof installation can lead to all kinds of headaches as we saw from this past winter with ice dams. Make sure when you hire a roofing contractor in Massachusetts or New Hampshire you ask for references, and hire a Master Elite roofing contractor that will always tear off, never cover up rot, and use at least 6’ ice and water shield to help prevent leaks. Always choose a GAF lifetime roofing system with a 25 year labor warranty. Make sure you know what a roofing systems includes, click here to learn more.
How do you know it’s time for a new roof? Click here to see our 7 signs your roof is failing checklist. Remember your roof is your home’s first defense against the outdoor elements…which includes snow! Summer is the best time to get your roof replaced before the fall rush.
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Landscaping
No list of curb-appeal boosting projects is complete without landscaping! An overgrown yard gives the impression of an unkempt home. Want to give your home’s curb appeal an extra boost? Consider landscape lighting which will highlight special features and extend your living space. Have you checked out the cool low-voltage landscape lighting which is so easy to install and less expensive to operate?
Why Summer…Why NOW? One word…WINTER.
- Less exposure to the harsh weather.
- Beat the procrastinators and get your job installed before the cold weather.
- Deepest discounts
Contact us for a FREE consultation with one of our experienced and certified professionals – your trusted home improvement contractor in Massachusetts and New Hampshire.
