Home Upgrades You’ll Appreciate for the Long-Run
Whether you flip houses for a living or you simply want to improve your own living space for your family, it’s important to carefully think about the home improvements you do. This is so that you can enjoy a good return on your investment and increase the property value of your house. Check out these five home upgrades that you’ll be glad you did in the long run.
First-Floor Hardwood Flooring
Hardwood flooring is great for a number of reasons, especially on the first floor of your home. This improvement will help your house stay warmer, the aesthetics look cleaner and feel richer, and the value of your house will be higher if you decide to sell. Hardwood flooring is one instance of a home improvement that will give you more money than you spend on it, with an ROI of roughly 106% of your expenditure. Set your budget in order and then upgrade to a hardwood floor. You won’t regret it.
Replacing your home’s windows with more current and energy-saving ones will help you spend less on energy and also improve your house’s aesthetic appeal. Whether you want to get vinyl windows or wood windows, you will be able to recover a good percentage of your cost. It will be a great selling point if you decide to move out and sell, and even if you don’t, your family will enjoy a great upgrade for a long time to come.
Solar panels will help you not only spend less on energy bills, but you will have upgraded to a great way of green living. Things are changing fast on the solar panel scene, too, with the most efficient solar panel just five years ago being between 17% and 18% efficient. As of 2020, it’s possible for a homeowner to get an affordable quote for solar panels with a 20-23% efficiency range throughout America. This modern energy option will also improve your home’s value by a lot, so consider getting solar panel installation as your next home improvement project.
Replacing your roof is another great home improvement project to take on. It keeps you protected from the elements and improves your curb appeal when maintained well. If you have an older home, or your roof has outlived its lifespan, consider replacing it to get another 20-50 years out of your new roof. There are many materials to choose from, like fiber cement, concrete, and metal. If you make this home improvement, it will be one of the longest lasting ones you make.
If your home doesn’t already have vinyl siding, you can upgrade to it during your next home improvement project. It’s both easy to maintain and durable, making it a great choice for your home, especially if you live in an area with an extreme climate. It will give your home a fresh, new look, also allowing you an impressive return on your investment. Note that even though most siding installations are rated for wind speeds of up to 110 mph, sometimes they still get ripped off by wind. When this happens, vinyl siding is always a lot easier to install again than other types of siding available.
Home improvements should not only leave you and your family more comfortable, but they should also give you a good return on your investment. With so many possible improvements that you can take up as your next project, it’s important to carefully analyze them so you end up doing the most important one and don’t tie up funds you could have spent elsewhere on a home improvement you didn’t need.