Home Improvement With Best ROI
These are a few home improvements that will give you the biggest bang for your buck in 2018. Image: My House Design Build Team
Every homeowner wants to get the biggest impact possible out of their home improvements. Whether you’re looking to make a move in the near future or are planning on staying put for years to come, it’s comforting to know that your investment of time and money is worth the effort, that the work you’re doing will add value to your home.
With that in mind, we decided to take the issue to the experts. We asked the leading minds in real estate to tell us which home improvement projects are set to have the best return on investment (ROI) in 2018. Read on below to see what they had to say and to learn where in your home your sweat equity will ultimately have the biggest impact.
Expect smart home technologies to start popping up everywhere. Image: Honeywell Home
1. Smart Home Technologies
“According to the most recent Luxury Portfolio Global Luxury Real Estate Report, 76% of buyers agree: Having a ‘smart home’ is very important to me. In particular, safety is a top concern. Of those surveyed, 39% are looking for a convenient, centralized network that securely controls smart-home and internet connections; aka the ability to operate a home security system through a mobile device.” — Stephanie Anton, EVP of Luxury Portfolio International
Let an outdoor living space draw in buyers. Image: Creative Environments
2. Outdoor Living Space
“According to a recent survey, 51% of home buyers find outdoor living space the most attractive quality when searching for their perfect home, more so than open floor plans and curb appeal. As such, outdoor spaces are becoming an ideal investment, not only for current homeowners’ enjoyment, but also for sellers looking to bring added value to a home for future sale.” — Joe Raboine, National Design & Training Specialist for Belgard in Atlanta
Energy-efficient options are set to be a smart investment. Image: Energy Efficient Homes
3. Maximizing Energy Efficiency
“Making energy-efficient upgrades will give you more bang for your buck in 2018. When thinking of energy efficiency, people often go straight to solar panels. However, smaller changes like upgrading your HVAC, water heater, or windows can also cut energy costs — resulting in an accumulation of savings over time. You can even make improvements as simple as adding solar-powered lighting to your front yard, which will help increase overall savings.” — Sacha Ferrandi, Founder of Source Capital Funding Inc., San Diego
As always, modernized bathrooms make a big difference. Image: Robson Homes
4. Modernized Bathrooms
“Modern bathroom trends are staying the same in 2018 as in 2017. Clean lines with rustic touches. Adding grays into the color scheme is also very popular right now and most consider this the greatest non-offensive tone to go choose from. (Beige is out.) Be careful, though, buyers like a very light gray. Some darker grays can come across as purple in certain lights.” — Sotereas (Teris) Pantazes, CEO & Founder of EFynch in Baltimore
Sometimes fresh finishes are all that’s needed. Image: Designtheory Inc.
5. Refreshed Finishes
“Not all renovations have to be huge. I like to suggest that homeowners update their finishes before they go to sell because it’s not always easy for buyers to visualize the potential of a space. If a space is really run down and a buyer thinks that he will have to redo everything, it’s easy to either over or underestimate the cost to achieve what it could look like. Older finishes also eliminate a big chunk of the buyers out there who just aren’t willing to do the work.” — Ori Goldman, CEO of Loftey in New York City
These are the projects to keep in mind when ROI matters most. Image: David Morello Garden Enterprises Inc.
Home improvements can be a bit of a gamble. On the one hand, while you’re living in the space, it’s only natural to want to create a space you’ll enjoy. On the other, if you intend to sell, you also want to make changes that appeal to buyers. That’s why we asked the pros to help you weigh the risks. They told us which home improvements will probably have the best ROI in 2018, so you can make sure to get the most bang for your buck.
This part of the article was originally posted on www.FreshHome.com
6. Replace Existing Siding With Stucco
Did you really think we are not going to talk about stucco in this article? We couldn’t pass up the opportunity.
Stucco has been a go to siding option for both residential and commercial applications. The reason for that is because it is durable, low maintenance and less expensive than other exterior siding options. Stucco can last up to 50 years or more if it is properly installed and taken care of.
“There are a lot of advantages for stucco. Stucco in general is very long lasting, but its cost effectiveness probably tops the list, closely followed by the fact that it is very versatile. Enough so that it can be customized. There are plethora of texture, patterns and color options. Some decorative stones or other features can be added to the mix. Any type or look can be created. Stucco finish could be synthetic or acrylic. Stucco is extremely affordable and practically maintenance free. It is known that stucco resists insects, fungus, rot, etc.” — Robert Molina, Stucco Repair Pros.
Stucco exterior lowers heating and cooling costs. It maintains your home or business warmer during winter and cooler during the hot months. It is also a lot more fire resistant than other types of home exteriors. Also it keeps noise pollution down. So if you live near the highway or railroad it offers additional layer of soundproofing which is natural.
All of these factors combined will raise your home’s value and will make it more attractive to potential buyers when and if you decide to sell. Installing stucco is definitely one of the home improvement options that will have the best ROI for you.
So if you decide to replace your current siding (wood, vinyl, hardie board, etc.) with stucco exterior Stucco Repair Pros are here to help. Visit our homepage www.StuccoRepairJacksonvilleFL.com to schedule your FREE Quote or call our office for a no-obligation FREE Consultation. We can talk about all of the options as well as pros and cons of stucco.
For any other home improvement option it is very important to hire the right contractor for the job. We think that this detailed post about 9 Secrets Only Home Repair Contractors Know will help you with hiring perfect licensed contractor for the job.