When it comes to remodeling few things will give you a bang for your buck like a basement remodel. Most experts agree on this, however, the cost of many remodeling projects can be prohibitive for those who want to increase value on a budget. The idea behind remodeling for resale value is to find those areas that will improve the value of a home without breaking your budget. Here is a list of quick and/or cheap remodeling projects that will either net you close to a return on your investment or provide you an actual return on your investment, courtesy of (http://www.remodeling.hw.net/):
Entry Door Replacement (Steel)
For about $1300 you can replace you entry door with steel and have a nice looking, safe entryway to the home. The recuperation for this quick remodel is at about 91%.
Entry Door Replacement (Fiberglass)
For around $3k you can change to a Fiberglass door which provides more insulation, cleans up the front of the home, and will give you a approximate return of about 82% of your dollar.
Manufactured Stone Veneer
Here is a great looking remodel that is relatively cheap all things considered at about $7500 to improve the all around appearance of the home. The last few pieces of siding is replaced and manufactured, insulated stone is put in its place. You will get about 92% of your investment back at resale.
Garage Door Replacement
Replacing an old and ugly garage door is one of the cheaper remodels at $1600 and will get you about 92% back when the house is sold.
Attic Insulation
Changing the insulation in the attic or adding it is one of the only remodeling projects that will actually get you more back on your investment than you put in. For a cost of about $1268 you will get a return of $1482, which is 116% on that investment.
There are many projects which people enjoy doing and provide the homeowners with satisfaction: basement remodels, kitchen and bath remodels, but they don’t necessarily bring the same rate of return to the home as some of the minor remodeling projects. If you want to remodel for yourself and your personal satisfaction then dollars don’t matter. Remodel that kitchen. Remodel the bath. But if you want to get money back, then it’s looking like an investment in your attic insulation as your best bet.
With the real estate market in Orange County going so strong, making a few changes can increase the value of a home. Use our above handy resources to help you decide on what upgrades to invest in.
OC Home Prices Increase in 2016
We do a lot of junk hauling projects on remodeling. To remodel you must remove. Whether that is taking everything out of an attic so that remodelers can come inside to do their job or hauling away old insulation, things must be moved. We try to make this as painless and affordable as possible for our customers. If you are considering a remodeling job, give us a call. We’d be happy to help.