For homeowners, home improvement projects are always top of mind. With warmer weather around the corner, it’s time to examine your outdoor home improvement project list and estimate its costs and potential Return on Investment (ROI).
The experts at Minnesota Home Improvements have compiled a list of the top five projects that will leave your home with a both new facelift and a higher value.
Decks are one of the most popular improvements for homeowners, as they can be used in a variety of ways, from hosting family events to relaxing in the sunshine. Depending on the materials and size, the initial investment into incorporating your new deck can provide a 69-80% ROI. At Minnesota Home Improvements, we have experience creating beautiful outdoor deck spaces in all styles.
Simple and common, standard decks are attached to the home (typically in the backyard). With a multitude of customization options, standard decks can be designed to match nearly any style of home and any size of yard.
Also known as an island or floating deck, these decks are not attached to your home. Detached decks are great options for creating a focal point or designated barbeque area. They are, however, much better for homeowners with more space in their yards.
Growing in popularity, this deck style has a sunken seating area inside of the deck itself. Sunken decks are great options for homeowners looking for a unique, high-end, or glamorous look.
Tiered decks are ideal for lake homes or homeowners looking for multiple deck levels. These decks look like most others, but they have up to three, winding flights of stairs incorporated.
Exotic decks are a statement piece! Your home’s value will definitely be boosted with your chosen design of a sliding deck, pool deck, infinity deck, or mini-deck.
In Minnesota particularly, harsh weather conditions mean quality windows are a huge selling point for home buyers. Fresh, high-quality window replacements increase your home’s value, appearance, security, and functionality.
Depending on your choice of material, window replacements can help you save money on your monthly electric bill while increasing your overall ROI up to 67%, should you decide to sell your home.
Oftentimes, garage doors are a forgotten home improvement project; however, they have one of the highest ROI percentages possible. With an average cost of $1,120 for a brand-new garage door, reports say that 93.3% of the cost of replacing your garage door is recouped when sold.
There are multiple options available, outside of replacement, for upgrading your garage door to increase your home’s curb appeal and resale value.
- Decorating Your Garage Door with Faux Windows or Hardware: A budget-friendly DIY project that involves adding accessories to accomplish either a vintage look or a framed, glossy appearance.
- Garage Door Overlay: A versatile, speedy option that can feature different colors, textures, and wood patterns.
- Painting Your Door: While tedious, painting your garage door allows you to customize your door while protecting it from harsh Minnesota weather.
Giving your home a fresh look with new siding will improve its value across the board, including an increase in curb appeal, durability, and energy efficiency. The return on investment is appealing and can increase your home’s value up to 63%! There are also no time restraints on this home improvement project, as siding can be installed year-round. With Minnesota Home Improvements, you can give your siding a facelift with new wood, steel, stone, or traditional vinyl siding – all available from high-quality brands.
Roofing is one of the more expensive home projects but is labeled as the top exterior home renovation option for adding value to your home. Realtors estimate that homeowners can reach an ROI of 107% with roof replacements.
When calculating the cost of an upgrade for your roof, it comes down to the style and the shape and pitch of your home’s roof. Our team at Minnesota Home Improvements will travel to your home for an inspection and estimate to ensure a comfortable investment and potential ROI.
Minnesota Home Improvements Solutions
Our team of experts at Minnesota Home Improvements is well-versed in designing and executing home improvement projects to bring dream homes to life. Contact us today for a quote on your next outdoor home improvement project or to discuss the best ways you can increase your home’s value!