If you’re in the process of remodeling, you want to put your money where it counts—especially if you plan to sell your home in the near future. At Thunderbolt Construction, Inc., our contractors are skilled in any type of home improvement. However, if you want to get maximum return on your investment, we recommend that you focus on these five improvements, based on the 2017 Cost vs. Value Report from Remodeling. (Note: These improvements fall into the middle-of-the-road price range, instead of upscale.)
1. Attic insulation
This job can be a tedious one if you do it yourself, but know that even if you hire it done and pay a bit more, having a well-insulated attic can pay you back 100 percent (or more!).
2. Entry door
By replacing your front door with a steel replacement, you may spend on average about $1,400. However, most homeowners recouped approximately 90 percent of the cost upon selling their homes in 2017.
3. Stone veneer
Curb appeal speaks volumes. In fact, many homeowners who paid to spruce up their homes’ exteriors with a manufactured stone veneer saw about an 89 percent return upon the sale of their homes. The average cost of this home improvement was $7,851. (You could also replace your siding, which generally paid back about 76 percent of the cost in 2017.)
4. Minor kitchen remodel
A “minor kitchen remodel” means that the kitchen is quite functional but cosmetically outdated. The remodeling would likely cost about $20,000 and include cabinet fronts and hardware, new energy efficient appliances, basic painting, new laminate countertops, midrange flooring, and a few other midrange upgrades. When doing a minor kitchen remodel, plan on recouping about 80 percent of your cost.
5. Garage door
While a new garage door may not be the sexiest of improvements, it paid back homeowners about 76 percent upon the sale of their homes. Remember that first impressions pay.
To get a quote on home improvements from our team at Thunderbolt Construction, contact us today at (877) 204-7600. We serve the homeowners in and around Chicago, Illinois, including northern Illinois and southern Wisconsin.
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