One of the many benefits of purchasing a home is that its value is likely to appreciate over time. When it comes time to sell the property, there’s a good chance you will receive more than what you paid for it. An excellent way to maximize the return on your investment is by undertaking the right home improvement projects.
Here are a few examples of home improvement projects with the best return on investment:
- Decks – Wooden decks rank among the best home improvement projects — especially when the economy is doing well. A well-constructed wooden deck will increase your home’s appeal to many prospective buyers here in Florida when homeowners can enjoy the deck throughout the year.
- Finished attics – An attic can be so much more than a place to store your extra household items. Transforming an attic into a bedroom or family room can solve the space needs of a growing family — without having to build an addition. You may also be able to recoup as much as 75-80 percent of this home improvement project’s cost when you sell your house.
- Entry door – A new fiberglass or steel entry door can significantly enhance your home’s curb appeal and will also help to make the house safer and more energy efficient. From an investment perspective, a new front door is one of the few home improvements that allow homeowners to get back more than what they spent for it at resale.
- Replacement windows – Both vinyl and wooden replacement windows will provide a substantial return on their cost at resale, with the latter offering slightly higher value. Besides enhancing a home’s appearance and increasing its sale price, replacement windows appeal to energy- and environmentally-conscious buyers seeking to minimize their carbon footprint.
- Siding – Installing fiber-cement siding has become a popular home improvement project option because it looks like wood or masonry — but it wears like concrete, making it an excellent for homes built in harsh climates. This characteristic offers tremendous appeal to prospective buyers and can thereby provide a solid return on your investment. Vinyl siding can also help you recoup a good portion of your cost, although not quite as much as its fiber cement counterpart.
- Garage door replacement – When you replace a garage door, you’re making a significant improvement to up to 30 percent of your home’s exterior area — it will be one of the first things prospective buyers notice as they approach or drive by your house. The right garage door will make your home more attractive and provide a return of anywhere between 82 to 88 percent on your investment.
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Contact The Doorman for Your Garage Door Replacement Needs in Southeast Florida
The Doorman is your one-stop headquarters for high-quality Windcode-rated Clopay® garage doors and Plastpro entry doors that will meet your aesthetic and functional requirements — and boost your home’s value. Contact us to learn more about how a new garage or entry door can prove to be a beneficial home improvement project. You’re also welcome to stop by our Boca Raton showroom for a closer look.
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