FB Doors constantly evaluates market trends in home improvement to offer our customers solutions that help minimize energy costs and improve home security. According to an article published for CGI Windows, from convenience to aesthetics to safety, there are many reasons to undertake a home renovation project. While your upfront cost may not be the deciding factor when evaluating which prospects to pursue, it’s wise to consider the return on investment—especially if you’re planning ahead.
Which begs the question: Which home remodeling projects make the most sense from a value perspective? Read on for a roundup of five proven-to-pay-off home renovation tasks.
GARAGE DOOR REPLACEMENT
Replacing a garage door may not seem like the most exciting choice, but this home remodeling project delivers some serious ROI. Replacing your garage door comes with a host of benefits, including the following:
- Enhanced protection and security
- Improved curb appeal
- Superior insulation
- Reduced maintenance
- Increased utility
Whether you’re considering a minor kitchen remodel or a major one, both earn top 20 spots in Remodeling’s breakdown of high-value remodeling projects. According to Remodeling’s findings, a midrange minor kitchen remodel that includes upgrading cabinet fronts (including new hardware), cooktop/oven range, countertops, and flooring is the more economically advantageous move.
Window replacements rank high on Remodeling’s rankings. There’s good reason for these results—especially when you factor in the advancements in window technology that do everything from improving energy efficiency to reducing sound. Other benefits of window replacements include improved home security and safety, reduced dust and allergens, improved home comfort, ease of care and maintenance, and enhanced curb appeal.
Homeowners have several options when it comes to upgrading the siding of their homes. Both fiber-cement and vinyl both made it into Remodeling’s top 10.
One of the primary reasons homeowners invest in new siding is its dramatic impact on a home’s appearance. In addition to modernizing the facade and giving it a like-new appearance, new siding also introduces the possibility of adding new trim and accents. The result can be truly transformative.
BATHROOM REMODELS AND ADDITIONS
Bathroom remodeling projects and additions of all scales are also well-represented on the 2021 Cost vs. Value Report. While some bathroom remodeling projects are more valuable than others—for example, a minor bathroom remodel will yield a staggering 102 percent return at resale, according to HGTV.com—all have upsides.
Replacing leaky fixtures will trim your utility costs while also being more environmentally friendly. There are other opportunities to move in a greener direction, too, such as selecting fixtures and materials that are low-toxicity, biodegradable, and/or recyclable.