We plan remodeling projects because we love changing up and upgrading our homes to make them more beautiful and comfortable. Even the simplest home improvement plans can add great value, curb appeal, and function. If you’re having trouble deciding which project to do, just check out current trends in your area and read up on industry studies to pick out those that’ll give you the best value for your money.
Valuable Home Remodeling Projects
Remodeling magazine, for one, has an annual report on home improvement projects with the biggest return of investment (ROI). The data are based on residential real estate figures for the year, and the average cost of construction. Results are available on both a national and a regional scale.
The 2015 Cost Vs. Value Report shows that large-scale jobs generally don’t yield the greatest return on your investment. In fact, it’s the smaller, more obvious projects, such as deck addition or door replacement, that often appear to have the greatest payback.
In the Mid Atlantic region, the project with the greatest recoup value is 88%, for a steel entry door replacement project, no less. Minor kitchen remodeling in Cherry Hill, NJ, and the surrounding areas has a 68% recoup value, while major kitchen remodeling has a 60% value.
When considering home expansion, a deck addition can yield a 69% ROI value. If you want to add curb appeal and save on energy consumption, you can go for vinyl siding replacement (68% ROI), roofing replacement (57% ROI), or vinyl window replacement (64% ROI). For upgrades in your bathroom, you can get up to 58% ROI.
The Right Contractors for Home Remodeling
Remodeling projects may cost a pretty penny, but you should also consider the returns and value a project can bring in the years to come. With proper planning and by hiring the right contractor, you can get the greatest value for your home.
Nuss Construction Company is your best source of high-quality remodeling and customization in the Southern New Jersey areas. We are the best kitchen remodelers in Mt. Laurel, NJ, and we also specialize in bathroom upgrades and roof, window, siding, and door replacement.
Learn more about our services and schedule a free consultation today by calling us at (856) 988-9982.