Remodeling projects that add value to your home

Interest in home remodeling and do it yourself home projects has increased in the past year. About 17 percent of remodelers directly attribute the pandemic for inducing at least a quarter of their projects, according to a recent survey from the National Association of Home Builders (NAHB). Home improvements can modernize your living space, enhance your level of comfort and add to the resell value of your home. With a range of home improvement projects, large and small, which projects generate the greatest resell value for home owners?

Zonda, a housing market research firm, recently released a Cost vs. Value Report, which tracks the ratio of the value over the cost for 22 common remodeling projects. The report authors note that the pandemic highly influenced the data this year. The highest return on investment was found in exterior home projects. Also, the returns were slightly lower than previous years, given the increase material costs, especially for decking and framing lumber, despite the project’s value.

Remodeling projects that add value to your home

Garage Door Replacement. All areas of your home need regular maintenance and garage doors are no exception. Exposure to the elements or general wear and tear can serve as good reasons to upgrade or replace a garage door. According to the Cost vs. Value Report, home owners can recoup a whopping 94 percent of the cost of a garage door replacement. If you consider taking on this remodeling project, experts recommend choosing a door that fits well with your overall architectural style and price point of your home.

https://www.newarkadvocate.com/story/news/local/2021/07/05/quackenbush-remodeling-projects-add-value-your-home/7787355002/