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Spring is the season of new beginnings, and the mild weather makes it the perfect time to work on home improvement projects. While you may want to embark on some because it’s important to your style or preferences, many homeowners want to see a return on their investment. Here are a few of the best projects to consider to recoup your costs when selling, whether that’s soon or down the line. 

4 Home Improvement Projects With a Strong Return on Investment

1. Bathroom Remodel 

The bathroom is one of the most-used room in most households. Because it is so frequently used and contains so many complex plumbing and electrical components, homebuyers want these areas to be updated before the house is on the market. If your home has just one bathroom, consider adding a second one. If you already have two, consider making changes like installing eco-friendly low-flow shower heads and toilets. Also consider a walk-in shower, stone surfaces, and heated flooring. Creative storage solutions are also attractive and practical. 

2. Minor Kitchen Remodel

home improvementMost families spend a significant amount of time in the kitchen, so this is another area where homebuyers will look for upgraded features. Remodeling the kitchen can recoup about 81% return on investment upon sale. You don’t need to renovate it; a few minor changes can make a significant difference. Consider installing new semi-custom cabinets, doors, a cooktop, countertops, and flooring. Also, swap old appliances for energy-efficient models.

3. Deck Addition

Outdoor living spaces can add usable square footage to your home. They’re versatile and attractive, and they can provide a significant return on investment. The amount you spend and get back will depend on a variety of factors, including the size and materials you use. Also, you’ll have the option to add features such as built-in seating or an outdoor kitchen. A basic 16- by 20-foot wood deck recoups an average of 82.8% of the cost.

4. Garage Door Replacement

The garage may not be the most glamorous aspect of the home, but it is essential nonetheless. Whether your existing garage door is on its last legs or outdated and unattractive, swapping it for a new, four-section model with galvanized steel tracks can provide about a 98.3% return on investment, making it one of the most cost-effective improvements.

 

If you’re a Chicago, IL, resident, turn to 5th Avenue Construction in Naperville for professional assistance with your next home improvement project. These building contractors help homeowners bring their visions to life. Call (331) 255-7500 to schedule a consultation with a home improvement specialist, and visit the website to see examples of their past work.

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