Columbus real estate: 5 home improvement projects with great ROI.
1 min read • August 1, 2020
Top 5 home improvement projects to boost ROI before selling in Ohio
If you’re getting ready to sell your home, you may be wondering what improvement projects will give you the best return on your investment.
Buyers will not want to put their money into a house that is full of problems, but there are clever ways you can prioritize improvement projects that maximize your return on investment and gives your buyer a great home.
According to the National Association of Realtors, these are some of the best exterior home improvement projects you can do to achieve your home’s maximum value when you put it on the market.
1. Revive the roof
It is no surprise that a potential buyer is more likely to purchase a home with a well-maintained roof, even if a few upgrades are needed elsewhere. Old or damaged roofs scare buyers away and bring the value of your home down during an appraisal. Be sure to hire a trusted roofing expert to inspect your roof and complete this important project.
According to the NAR, a new roof is the best home improvement project in terms of return on investment. On average, homeowners can expect to recover 107% of the cost of a new roof.
2. Install new windows
Old and outdated windows are also a big turnoff for potential buyers because they can create drafts and lead to high energy costs. New, energy-efficient windows are also a solid investment that helps reduce monthly costs and boost your overall home value.
Homeowners on average recover 71% of the cost of new vinyl windows and 57% of the cost of new wood windows during a home sale.
3. Swap out the siding
Siding can fade and deteriorate over the years, which takes away valuable curb appeal. You can replace old siding and instantly increase home value and curb appeal.
Homeowners on average recover 76% of the cost of new fiber-cement siding, and 63% of the cost of new vinyl siding.
4. Replace the garage door
It sounds simple, but a new garage door can go a long way in improving the curb appeal of your home, especially if the garage door faces the street.
Homeowners can expect to recover 95% of the cost of a new garage door, according to NAR.
5. Upgrade the front door
A front door is often an overlooked detail, but you can make a great first impression by upgrading your old door to create an inviting entryway.
Homeowners can expect to recover about 75% of the cost of a new front door, according to NAR.
Do not put your home on the market before calling the trusted roofing experts at Eagle Pro Home Solutions in Columbus, Ohio. With more than 40 years of experience, owner Dan Hickman and his team at Eagle Pro Home Solutions can help you get the best ROI on your next roofing project.
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