Looking to increase your home value without breaking the bank?
Remodeling has the potential to increase property value and create happy homeowners. But some remodeling projects can increase your home value more than others.
Not all home improvement projects cost the same, either. Which projects are the most budget-friendly and give you the biggest bang for your buck? Increase your home value with these affordable remodeling projects!
Garage Door Replacement
Installing a new garage door has one of the highest return on investment of any exterior remodeling project, improving your home’s energy-efficiency and curbside appeal simultaneously.
A gateway to your home, a new garage door can allure potential buyers. It can also provide better insulation for the rest of your home and eliminate drafts and noise. Because most modern garage doors come with advanced motion detectors and security features, you can also improve your home’s safety.
If you’re experiencing garage problems or if it’s showing signs of wear-and-tear or wood rot, make this home improvement project a top priority. Stick to one color and make sure the garage matches your home. Even though a new garage door can single-handedly improve your home’s value, you do not want it to be the focal point when potential buyers see it from the street.
Does your home look old and dilapidated? Give it some TLC!
Siding replacement is another affordable remodeling project that can improve your home’s value and curbside appeal. New siding can give your home a fresh look and restore its structural integrity by properly insulating your home and protecting it against high winds and harsh weather conditions.
New siding can be more on the expensive side depending on how large your house is and which materials you use. If your budget allows for it, you can still yield a high return on your investment and complete other small home improvement projects at the same time.
To help cut down on costs, consider all of your options for siding materials. For example, vinyl is a cheaper material that doesn’t lack in quality and durability. Wood siding is another option that carries a higher price tag and more maintenance. Engineered wood is a nice in-between option that provides aesthetic value, durability, and cost-effectiveness.
Deck or Porch Installation
Who doesn’t love spending summers sitting outside with friends and beverages?
Building a new deck or porch adds square footage and functionality to your home, improving its value in the process. If you enjoy spending time and entertaining outdoors, this is an affordable remodeling project that can enhance your lifestyle and churn a high ROI.
Decks and porches are relatively low in maintenance depending on the materials used. Most decks only require occasional sweeping and coats of weatherproof stain every 1-2 years.
A new porch may require the same level of cleaning and upkeep as any other living space; yet, the maintenance can be well worth it if you enjoy a pleasant setting that’s sheltered from the outdoor elements.
Small Kitchen Makeover
Kitchen remodeling can increase your property value and dramatically improve your home’s interior. Even if you’re on a budget, you can transform your kitchen in a series of minor remodeling projects that span the course of several months.
Focus on ways you can make your kitchen or bathroom more functional. Does your kitchen’s arrangement make effective use of the space? Can you navigate around the kitchen quickly and with ease?
Consider installing new cabinets or raising the height of your existing cabinets. If you’re on a tighter budget, you could also install a hanging rack or open shelves. This way, you can channel your budget into other, more expensive projects, like new kitchen tiling, backsplashes, and new light or plumbing fixtures.
Make sure to give your kitchen a fresh coat of paint. Using lighter colors or off-whites will make your kitchen appear larger and more spacious. You can also add a colorful accent wall that matches any new hardware, appliances, linens, or kitchen decor items.
Increase Your Home Value with Our Help!
Home remodeling can be a daunting task that steers many homeowners away due to the labor and costs. But with these affordable remodeling projects, you can increase your home value on a budget.