Are you planning to renovate your home and sell it anytime soon? Make sure you invest in home projects that not only add beauty and value to your home, but also ensure a good return on your investment when you sell it.
Here are 10 home projects that will give you the best investment returns as shared by The Fiscal Times:
- Vinyl window replacement
- Wood deck addition
- Siding replacement
- Fiberglass entry door replacement
- Minor kitchen remodel
- Garage door replacement (upscale)
- Steel entry door replacement
- Garage door replacement (mid-range)
- Manufactured stone veneer
- Fiberglass attic insulation
Installing fiberglass attic insulation has the highest return on investment, allowing you to recoup more than 100 percent of the upgrade’s price tag. The job will cost around $1,200 but can add about $1,400 to your home’s resale value. Replacing windows and doors with sturdy, energy-efficient models can also provide excellent value, adding between 80 to 90 percent of the project’s cost to your home’s resale value.