6 Home Improvement Projects With The Highest ROI

This post was last updated on September 21st, 2023 at 04:24 am

Are you a homeowner looking to increase the value of your home? With spring in full swing and nicer weather on its way, now is the perfect time to tackle some home improvement projects. But what are the best ways to maximize your return on investment (ROI) without breaking the bank? We’re here to help guide you through all of those questions.

Suppose you are living in Connecticut. The cost of living in Connecticut is 1.12 times more expensive than the average in the United States, and whole-home remodel in Connecticut can cost $50,000 to $400,000 or more. So, picking suitable projects to increase your home value in Connecticut is essential.

In this article, we will look at proven methods for increasing your ROI with some DIY-style projects that don’t require professional assistance. Whether big or small, simple or complex, these projects have been well-researched by experts and proven effective in adding value to homes and giving owners more bang for their buck. Let’s get started.

Remodeling The Bathrooms To Be More Accessible:

Making your bathrooms more accessible can be an excellent way to increase your home’s value without spending a fortune. Installing grab bars, a walk-in tub, or a shower seat can all make the bathroom safer and easier for mobility-challenged individuals. Other updates could include widening doors, removing thresholds, and adding wheelchair access ramps if needed.

It’s best to search for an expert in Connecticut for bathroom remodeling. You can search on Google with the keywords Connecticut Bathroom Remodeling company near me. You can find a reliable professional who can do this job and get an excellent ROI at the same time.

Moreover, experts will also advise you on the most suitable fixtures and materials to use in your bathroom based on your budget.

Finishing The Basement:

Basements are often left incomplete in older homes. Finish your basement to add an extra room or two, and you can substantially increase the value of your house. Depending upon your needs, you can construct a recreational space, a media center, and even an additional bedroom or office. It is likewise an incredible way to give more living space if growing children need their own space.

Consider adding energy-proficient insulation, drywall, new windows, and lighting fixtures to make the basement look more lively. Likewise, installing a sump pump will ensure that your basement is never flooded, and this can bring you peace of mind.

Updating The HVAC System:

Replacing outdated and inefficient HVAC systems with modern versions can provide the best return on investment. It is because having a dependable, efficient heating and cooling system is a big part of home comfort. Look into installing energy-efficient models that require less power to keep your home comfortable and protect it from potential damage caused by extreme temperatures. 

In addition, you should pick models with smart thermostat controls to save energy and money. These allow you to monitor and adjust your home’s temperature remotely. It helps prevent unnecessary power usage by keeping your heating or cooling system from running when it’s not necessary. Smart thermostats are also suitable for maintaining a comfortable temperature throughout the house. 

Repainting Your Home’s Exterior:

A fresh coat of paint can make your home look better. It is a relatively inexpensive way to improve your house’s curb appeal, which can help you get top dollar when you sell it.

Before painting anything, clean the surfaces thoroughly with soap and water. If any areas need repairing, do that first. Inspect the outside of your property and list areas to be painted. Then, hire an expert painter who can repaint it effectively and efficiently.

A well-done paint job requires substantial preparation, including power washing, caulking, priming, sanding, etc., which are best left to professionals. They should also use better quality paints that will last longer and help maintain the property’s interior temperature, leading to further cost savings.

Replacing Garage Doors:

Replacing garage doors is an extraordinary way to update the vibe of your home and increase its worth. It can likewise assist in protecting your vehicles from robbery and other damage. Invest in a strong, durable door made of steel or wood that will last years without requiring extensive repairs. Quality materials are fundamental because they are safe against wear and tear and require minimal maintenance.

For those searching for a cost-effective option, consider introducing garage door openers with smart technology. This provides added security and convenience as you can open and close your entryways from any place with an application on your cell phone. You could even set up alerts to notify you when someone has opened or shut the door. In addition, these openers are energy-efficient and can help reduce your monthly power bill.

Building A Deck:

For a comprehensive house improvement project, constructing a deck is a mind-blowing way to add space and value to your home. It can expand the living area of your home while improving its visual appeal. There are various materials available that range from wood items to composite decks. It will give you a lot of choices when choosing a style that suits your taste.

When developing a deck, buying the best quality material and hiring skilled professionals for installation is essential. It will ensure that your deck stands the test of time while providing maximum happiness. It is likewise vital to consider nearby guidelines and codes while developing your new expansion, as they can fluctuate from one state to another.

After construction, consider including an open-air kitchen or hot tub for your new space. It will add a unique element to your outdoor area and establish a lavish environment you can enjoy all year round. 

Conclusion:

Home improvement projects are a great way to increase the value of your house, but it is always best to investigate what types of projects provide the highest return on investment. Depending on where you live, certain home improvements can result in a greater resale value than other projects, so make sure to research which ones could save you money in the future. 

Remember that increasing energy efficiency is always a good choice and that small touches such as landscaping can have an impact as well. Before starting a project, map out long-term goals for your house and ensure that any changes you make will stay relevant in the coming years. 

Finally, don’t forget that safety should always be your number one priority when carrying out home improvement projects. A home upgrade should increase home value just as much as your satisfaction! So, take the time to research and plan wisely before going all out with a big renovation project – your wallet will thank you later!