Affordable Home Exterior Projects That Will Show ROI
The home exterior projects that show the highest ROI tend to be those that either boost curb appeal or enhance your ability to entertain guests. These affordable exterior remodeling projects focus on making your home a more beautiful space to live or entertain. If you’re thinking about selling your home in the next few years, these projects all have a high return on investment at an affordable price tag.
What homeowner doesn’t want that perfect space to grill food and spend time outdoors with friends? Adding a deck to your home is like installing the perfect excuse to spend time with friends and loved ones when the weather is warm and bright. Even better: deck additions are surprisingly affordable.
Costing as little as $8 per square foot for a pressure treated wood deck, the return on this type of project is much higher than one would think—as much as 80%. With a return like that, everyone comes out a winner.
Front Door Replacement
Your front door is the first thing visitors focus on when they come to your house. The condition of your front door can have a huge impact on your home’s curb appeal and resale value. Best of all, many front doors can easily be bought and installed for under $1,000.
If you’re asking yourself what the return on investment is for something like a front door, the long term return is around 98%. For the biggest bang for your buck, be sure to purchase a solid core steel front door, because they cost the least of the high end doors and also require the least maintenance over time.
Installing good landscaping makes a huge difference in a home’s curb appeal and can even have an impact on your ability to entertain outdoors. Installing quality landscaping comes at a relatively small cost, but it’s important to do the landscaping right in order to get the highest return.
For example, avoid choosing water-loving exotic plants. Native flowers and shrubs require the least amount of work from the homeowner and also require less extra watering. Not only is this less work for you, but it’s an attractive feature for potential home buyers. Plan to get a 28% ROI from new landscaping, and as an added bonus, you’re likely to sell your house more quickly.
Garage Door Replacement
New garage doors may not sound a like a hot item, but they are. When picking out a new garage door for your home, look for the type of features that new home buyers like to see. Carriage-style garage doors, with beautiful little windows and faux hinges, have just the right sophistication to add ROI and keep home buyers interested. Typical costs for a garage door replacement run between $700 and $1400, with and 80% ROI.
For more information and a consultation regarding the best exterior remodels for your property, call Litchfield Builders.