How You Can Get the Highest Return on Investment Part 1

Hey, guys. We’ve been talking a lot about price increases lately. In fact, in the last 12 months we’ve had the highest price increases since 2006.

Because of this, a lot of homeowner’s have finally gotten around to those home projects they’ve been avoiding. A lot of homeowners want to know what type of financial return they can expect from their projects.

Well, for the average project you can expect about a 60 percent return. I have a list, though, of some things you can do to improve your home and get a higher return!

1. Front door. Your front door is the threshold of your home. It’s one of the very first impressions the buyer has. Find a complimentary color and a design that matches the home. You can expect around an 86 percent return.
2. Siding. It’s important for your home to be up-to-date. A popular siding is hardiplank. Adding or replacing siding can give you an investment return of around 80 percent!
3. Deck. Everyone loves a good deck to enjoy beautiful weather or to have friends over for entertaining. If you build a sizable deck (around 10x16) you can see a return of 77 percent.

These are just a few things that add tremendous value to your home. Next week I’ll have even more for you!

If you have any questions, please give me a call at 814.880.2308!