Whatever you and your family have in store for 2016, getting the highest value, quality, and reliability from your home improvement plans should always be a goal. That’s why we’ve turned to the experts over at Remodeling magazine to see just which home remodeling projects are going to offer the most bang for the buck in the new year.
According to their 2016 Cost vs. Value report, these are the 10 remodeling projects (both small scale and large) that are most likely to provide you with a return on your investment. That means that while some of these projects come with high price tags upfront they all offer a much higher rate of money back when you ultimately decide to sell your home. Take a closer look at what made the top 10 list this year and you’ll be ready to make the smartest remodeling decisions possible in 2016.
10. Vinyl Window Installation
The benefits of vinyl as a material are well known and so it makes sense that vinyl window installations have a lot to offer homeowners interested in getting the most from their investment. With the resilience, customization, long-lasting quality, and ease of maintenance that vinyl offers, there’s a lot to be excited about by installing vinyl windows in 2016, not least of which is the 73.3% of installation costs which will be returned once the home is sold.
9. Wood Deck Installation
The comfort, dependability, and value of a traditional wood deck will always be a major draw for homeowners. While countless other materials enter the industry the charm and strength of a wood deck installation is still the most “in demand” backyard feature, providing a return on investment that reaches as high as 75%.
8. Fiber-Cement Siding Installation
Fiber-cement siding is yet another exterior siding option which is designed to admirably resist damage from weather conditions, accidental collisions, and gradual eventual wear-and-tear. What makes it different from all other options on the market is how effectively it stands up against every other form of exterior siding while consistently supplying up to 78.1% of money back on the installation.
7. Engineered Siding Installation
Engineered siding is a relatively new innovation which is already making a huge impact on the market as a whole. Companies like Boral and LP are touting scientifically enhanced wood siding which they boast features resistance to impacts, heat, UV exposure, rot, freeze cycles, termites, and fungal developments all with a lower price tag than traditional wooden siding. Install some today and expect up to 82.3% back on your investment.
6. Fiberglass Entry Door Installation
Just as vinyl siding offered benefits and convenience unlike anything else on the market when it came out, fiberglass entry door installations provide the resilience and energy efficiency of metal doors with the appearance and versatility of timeless solid wood. Completely customizable and stylish, fiberglass entry door installations will recoup up to 82.3% of the installation costs.
5. Kitchen Remodeling
Kitchen remodeling has always been one of the most popular types of home improvement though many homeowners balked at the commitment of time and money involved. Fortunately, in 2016 even minor kitchen remodels like cabinet refacing and countertop replacement will return up to 83.1% of your investment cost.
4. Steel Entry Door Installation
For the seventh consecutive year steel entry door installations made Remodeling’s top 10 list of remodels. Seriously, invest in a steel entry door.
3. Garage Door Replacement
It always shocks homeowners to learn how much of their curbside appeal and property appeal depends on their garage door since it’s almost always seen as a functional feature only. Still, up to 30% of your home’s facade is your garage door and so investing in a new garage door installation in 2016 is sure to be a wise decision. Ultimately, you can expect up to 91.5% of the installation cost to be returned to you when you sell.
2. Manufactured Stone Veneer Installation
Stylish and strong, installing manufactured stone veneer on lower sections of your home’s exterior instantly breaks up the appearance of your house and helps it to stand out from all the others on the market. With companies like Coronado, Boral, and Stone Craft offering countless designs, colors, and styles, replacing part of your vinyl siding with a fresh new stone veneer is a surefire way to bring elegance and sophistication to your home along with a 92.9% cost return!
1. Attic Insulation Installation
A properly performed attic insulation installation saves a home money on energy loss, keeps the entire property safe from water damage, and immensely improves the comfort and welcoming feel of the whole house. It also provides up to a 116.9% return on investment when you put your home on the market, making it the smartest home improvement you can get this year!