Which remodeling projects are the best investments?
Which renovation projects provide the biggest return on your investment when it comes time to sell your home?
First, let’s take a look at the stats. You can get a pretty good idea of which remodeling projects offer a better ROI than others by taking a look at Remodeling Magazine’s Cost Vs. Value Report.
The report, updated annually, shows the average cost of nearly two dozen popular remodeling projects that can be recouped when a property is sold. Data is available on a national and regional basis, as well as for individual cities. The report can help homeowners hone in on individual projects that provide the biggest bang for the buck.
1. COMPARING COST VS VALUE
According to the report, homeowners on average stand to recoup 93.8% of the cost of replacing a garage door. In comparison, adding manufactured stone veneer to the exterior of a home returns on average 92.1%. Next on the list of projects with the highest ROI are minor kitchen remodels at 72.2%. Ranking close behind kitchen remodels is new siding at 69.4%, vinyl window replacement at 68.6% and finally vinyl siding replacement at 68.3%.
If you’re replacing your windows, talk to us about new window coverings! The Blindman has been Utah’s premier window covering company for more than 30 years. We pride ourselves on offering the absolute best and most affordable window coverings. Our blinds, shutters and shades are not only beautiful and add value to your home, but they are manufactured locally, at our state-of-the-art factory in Lindon, Utah.
Whether or not you’re investing in new windows, new blinds, shutters or shades can provide a cost-effective and significant update to your remodeling efforts. Refreshing your windows with new window coverings will dramatically update the look, feel and energy efficiency of your home. You can reap some pretty big benefits in terms of your home’s appearance, comfort and efficiency when new window treatments are included as part of your remodeling project.
2. WHAT ARE YOUR REMODELING GOALS?
Finally, it is important to pinpoint what your goals are when deciding which home renovation projects to tackle first. ROI isn’t everything, of course. The Cost vs. Value report doesn’t take into account, of course, the enjoyment you and members of your family get from an investment in your home. If you’re planning to stay put in your home for a long time, any improvements you make to your home might be less about return on investment and more about how much pleasure it brings to your daily life. For more information on the Cost Vs. Value report, go to this link.
And if you’re thinking about new window coverings, call or text us today at (801) 692-2490 for a free, no-obligation, in-home consultation. A knowledgeable sales representative will come out to your home, show you our products and give you an estimate on the spot. We’re confident that we can help you find a product you love at a price you can afford.