Projects to Add the Most Value to Your Home
HouseLogic did a photo slideshow recently on the home projects that will add the most value to your home. not surprisingly, most of these projects involve your home's exterior siding, windows and entryways.
Here are some of the projects they mentioned and how they will add value to your home:
Vinyl Siding
Famous for its durability and reasonable price, lightweight vinyl siding also is easy to install, which cuts labor costs. Manufacturers keep coming up with new colors that won’t fade, so there are more choices than ever. Good-quality vinyl siding will last 30 years or more.
National average cost: $11,192
Value at resale: $8,154
Percent of investment recouped: 72.9%Fiber-Cement Siding
Fiber-cement siding is a popular choice for replacement siding. Although its initial price is higher than many other types of siding (it’s heavy and labor-intensive to install), the durability and stability of fiber-cement means less maintenance in the long run. It takes paint well, so you can have your choice of exterior paint colors. It’s also fireproof and rot-resistant.
National average cost: $13,083
Value at resale: $10,379
Percent of investment recouped: 79.3%Steel Entry Door
Replacing an older entry door with a new steel model is the most cost-effective project in the 2013 Cost vs. Value Report. A steel door costs less than half of a similar fiberglass door. The steel outer layer is susceptible to denting; a brass kickplate (shown) helps protect the door from accidental dings.
National average cost: $1,137
Value at resale: $974
Percent of investment recouped: 85.6%Wood Deck
A deck is a cost-effective way to increase your living space and is a great way to enjoy the outdoors when the weather is nice. A simple deck using pressure-treated lumber is a good DIY project and saves up to 50% of a professionally built deck. Clean and seal your deck annually to keep it in great shape.
National average cost: $9,327 (professionally built)
Value at resale: $7,213
Percent of investment recouped: 77.3%Wood Replacement Windows
Swapping out older, leaky windows for new wood replacement windows is a style upgrade that saves energy. The Efficient Windows Collaborative says you’ll save up to $450 per year if you switch out single-pane windows for new double-pane windows in a 2,150-sq.-ft. house. Not in the market for new? Inexpensive weather stripping will keep out the drafts.
National average cost: $10,708 (10 replacements)
Value at resale: $7,852
Percent of investment recouped: 73.3%
Want to add more value to your home? Exterior Specialties of PA is here to help with all of your exterior siding, window replacement, and deck repair needs. Call us today at (215) 453-9180 for your FREE estimate.
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