As the events of the last few years in the real estate industry show, people forget about the tremendous financial responsibility of purchasing a home at their peril. Here are a few tips for dealing
9 Valuable Home Improvements To Sell Your South Jersey Home
It’s a great time to sell, and you’ve decided to list your South Jersey home. You know it needs a few home improvements before listing it, but which home improvements and upgrades offer the best return on your investment (ROI)? Which remodeling projects will add value and appeal to your South Jersey home? The following valuable home improvements offer the best return on your investment to sell your South Jersey home.
Valuable Home Improvements #1 – Steel Entry Door
A steel entry door is the perennial champ of home improvements. Upgrade your South Jersey home with both energy efficiency and curb appeal with a steel entry door. A modestly priced steel door will give a return on investment of 101.8%. What Your Front Entry Says About You
Valuable Home Improvements #2 – Wood Deck
Enjoy your backyard this summer on your wood deck. For a fraction of the cost of an enclosed addition, you can enjoy more living area at a cost of about $30 per square foot and an ROI of 80.5%. 9 Inspiring Deck Ideas
Valuable Home Improvements #3 – Attic Conversion
Attic conversions add valuable living space. Add insulation between floor joists in the attic or a rubber acoustic barrier under the flooring to soundproof the rooms below. The average cost to convert an attic into living space is $51,696 for an ROI of 77.2%.
Valuable Home Improvements #4 – Garage Door Replacement
Replacing your garage door with a brand new one upgrades the look of your home like nothing else. From plain steel panel doors to energy-efficient, insulated with glass windows to panels that look like painted wood, there are plenty of styles to choose from. The average cost of a new garage door made of mid-range steel is $2,944 with an ROI of 82.5%.
Valuable Home Improvements #5 – Fiber-Cement Siding
Fiber-cement siding is top-of-the-line siding, the royalty of siding for its longevity and resistance to termites, rot and fire. It doesn’t flex, and it is stable which means it is a low-maintenance home improvement. You won’t need to paint your home’s exterior as often which will save you money over time. Fiber-cement siding is marketed as an upscale, high-quality product. Its average cost is $14,014 with an ROI of 84.3%.
Valuable Home Improvements #6 – Replacement Windows
Make your home look great and save you money with new energy-efficient windows. Depending on your climate and your home’s position to the sun, low-E coated and argon gas insulated windows can help maximize your savings. The average cost for 10 mid-range vinyl replacement windows is $11,341 with an ROI of 78.8%.
Valuable Home Improvements #7 – Vinyl Siding
Vinyl siding is known for being lightweight, low maintenance and relatively low cost. This is why it continues to rate as the preferred choice for siding replacement. Vinyl siding looks better than ever because it is color-fast and seamless. If you install insulated vinyl, you add thermal resistance and cut your energy costs. The average cost for mid-range vinyl siding is $12,013 with an ROI of 80.7%. The average cost for insulated vinyl siding is $15,184 with an ROI of 77.6%.
Valuable Home Improvements #8 – Kitchen Update
Minor kitchen remodels include new cabinet doors, appliances, counter-top and flooring. A minor kitchen remodel gives one of the highest average ROI’s and has for the past 10 years. The average cost for a minor kitchen remodel is $19,226 with an ROI of 79.3%. Kitchen Remodeling Decisions You’ll Never Regret
Valuable Home Improvements #9 – Manufactured Stone Veneer
Replace about 300 square feet of your existing siding with manufactured stone veneer for a top-dollar ROI. It’s easy to install and provides great curb appeal. You can hardly tell near-perfect copies of lightweight stone veneer from real and much more expensive natural stone. The average cost for manufactured stone veneer is $7,150 with an awesome ROI of 92.2%!
Now that you’ve decided to enter the seller’s market, call Sam Lepore of Long and Foster Real Estate in South Jersey at (856) 297-6827. He’ll market your home before stepping out your front door. He knows which valuable home improvements are right for the sale of your home. He will help you determine the best listing price. Work together with Sam to get your home sold quickly!
Sam Lepore is a Realtor with Keller Williams in Moorestown, NJ. Call him today at 856.297.6827 ....