Best Home Improvement Investments – Making improvements in your home doesn’t cost money. It makes money!
Infographic highlights for best home improvement investments
This infographic highlights the financial benefits of various home improvement projects, emphasizing their potential to enhance both the functionality and market value of a home
Feature And Benefits For Best Home Improvement Investments
Shingle Roofing
Feature:
Roofing costs range from $100-$350 per 10×10 foot square patch.
Benefit:
Provides a 60.6% ROI.
Natural Gas Furnaces
Feature:
Costs around $7,000 with existing ductwork; new ductwork can cost nearly $15,000.
Benefit:
Offers a full 100% ROI, making it a highly efficient investment.
Vinyl Siding
Feature:
Approximately $7 per square foot.
Benefit:
Yields an 88% ROI, enhancing the exterior look and energy efficiency.
Replacement Windows
Feature:
Costs around $300 per window.
Benefit:
Provides an 80% ROI, improving energy efficiency and curb appeal.
Painting (Exterior)
Feature:
Involves painting the exterior of your home.
Benefit:
Offers a significant 90% ROI, improving curb appeal and protecting the home.
Painting (Interior)
Feature:
Interior paint costs range from $12-$50 per gallon; overall project can cost $300 or more.
Benefit:
Provides a 75% ROI, refreshing the home’s interior and potentially increasing its market value.
Kitchen Remodeling
Feature:
Average cost is $17,000.
Benefit:
Yields a 70% ROI, enhancing functionality and aesthetic appeal.
Bathroom Remodeling
Feature:
Average cost is $12,500.
Benefit:
Offers a 78% ROI, modernizing the bathroom and adding to the home’s value.
Outdoor Replacement Projects
Feature:
Includes replacing the garage door, siding, front door, and windows.
Benefit:
Provides a 70% ROI, improving the home’s curb appeal.
Attic Bedroom
Feature:
Average cost is $50,000.
Benefit:
Yields a 72.5% ROI, adding extra living space and increasing home value.
Add an Additional Bathroom
Feature:
The cost varies depending on the region; a new bathroom can cost almost $50,000 on the West Coast.
Benefit:
Adds significant value, with a half bath increasing home value by 10.5% and a full bath by 20%.