{"id":783,"date":"2021-03-13T20:08:23","date_gmt":"2021-03-13T20:08:23","guid":{"rendered":"https:\/\/readyretiree.com\/5-home-renovations-that-get-the-most-r-o-i\/"},"modified":"2022-08-09T19:04:45","modified_gmt":"2022-08-09T19:04:45","slug":"5-home-renovations-that-get-the-most-r-o-i","status":"publish","type":"post","link":"https:\/\/prorealestateinvesting.com\/5-home-renovations-that-get-the-most-r-o-i\/","title":{"rendered":"5 ‘Under the Radar’ Home Renovations That Get a Great Return on Investment"},"content":{"rendered":"\n
Solid Investments<\/strong><\/p>\n\n\n\n If you are ever considering moving out of your home, and at some point you likely will, then you should be thinking early-on about what home improvement projects you can do that will add to your home rather than detract. After all, the last thing you want to do is spend a ton of money on a project only to discover that potential buyers don’t like what you did. You’re not going to see that money returned and it’s highly unlikely that you have money you can just throw around and gamble with.<\/p>\n\n\n\n As such, when you’re thinking about a home improvement project, you have to make sure that the project itself will add to your home’s value and have a greater impact on the return on investment. This article will offer you a few ideas on where to start.<\/p>\n\n\n\n While most homes are typically insulated quite well, the same might not be said for your attic. Unless something is wrong with your roof, it’s unlikely that you’ve ever been into your attic. You can thank horror movies for that avoidance. However, insulating your attic has actually been shown to give a return of 108%. This is pretty incredible considering that it typically doesn’t cost much for insulation.<\/p>\n\n\n\n Another benefit of insulating your attic can be experienced even if you don’t plan on selling your home any time soon is the reduction of energy costs. Inevitably, your HVAC unit is going to want to cool and heat your home according to the temperatures within the house. A lot of this warm and cool air will inevitably rise to the attic. If that attic isn’t insulated, then this warm and cool air is lost outside. As such, it can make your HVAC unit run more frequently than it actually needs to. By insulating your attic, you can keep that warm or cool air inside of your home where it belongs and reduce the amount of time your HVAC is being used.<\/p>\n\n\n\n You may just discover that your energy bill is decreased marginally. For potential buyers, knowing that the attic is insulated is an appetizing feature. Because it lowers the cost of owning a home, the buyers will be quite happy with that renovation.<\/p>\n\n\n\n Another location that you may not be considering renovating is the garage, particularly, the garage door. For older homes, a rundown garage door can be an eyesore. It may not even work properly. A potential buyer can take one look at your garage door and form an assumption about the entire house based on what they see. As such, you want that garage door to make an excellent first impression. However, you should be smart about it, too.<\/p>\n\n\n\n Take a look at what your neighbors are doing and see what they chose to do for their garage doors. If your neighbors haven’t gotten the latest electric garage door with an electric opener, then that is one innovation you can offer a potential buyer that the neighborhood doesn’t have yet. It can make for a most attractive bonus, especially if they see that their neighbors have to manually open their garage doors in the cold of winter or a downpour. Experts have stated that renovators can expect around an 85% recoup based on the cost of their renovation.<\/p>\n\n\n\n1. Insulation<\/h2>\n\n\n\n
2. Garage Door<\/h2>\n\n\n\n
3. Creative Landscaping<\/h2>\n\n\n\n