Home improvements don’t always give you back a great return on your investment. If you want to sink a significant amount of cash into upgrades or improvements only to enjoy them, that’s fine. But most people want to get a decent return on their investment when it’s time to sell their house and they appreciate getting a decent return on the money they’ve laid out to upgrade their residence.
Fortunately, it’s relatively easy to find out which home improvements will give you a good return because there are multiple publications that study the statistics for these kinds of changes.
Publications like Remodeling Magazine and other popular publications study residential remodeling trends and report annually on which jobs get the best return. Fiber cement siding looks great on a house no matter how much you spend or don’t spend on it, and you don’t have to wait until you sell your house to enjoy its beauty.
Fiber Cement Tops The List
Remodeling Magazine has repeatedly cited fiber cement siding as one of the best investments in exterior improvement available. For the last several years, it has consistently ranked number one as an investment that will garner homeowners impressive returns because it actually reduces the cost of ownership while improving the beauty and curb appeal of the house. Fiber cement siding is incredibly durable, lasting as long as fifty years if it is installed properly by certified siding contractors.
There is also a longer paint cycle with fiber cement. Siding contractors can install and paint the material and leave it looking good for up to fifteen years before it will need a touch-up or new paint. Its long warranty shows it is an incredibly durable product.
When you’re ready to sell your house, this long-term warranty can be a real selling point to potential owners who don’t want to have to contend with time-consuming upkeep. Fiber cement can even lower home insurance premiums by as much as 15%, adding to its appeal as a money saving alternative to vinyl or wood siding.
Window replacement continues to be a solid investment in home improvement. It upgrades the beauty of the windows while reducing the cost of both heating and air conditioning with Energy Star certified windows that reduce drafts and seal out the cold while reflecting heat away from the house in summer and retaining your furnace’s heat during the winter months.
Curb appeal is instantly improved with beautiful, double-paned windows that include grids or architectural shapes. The improved security of having secure, tightly fitting windows with updated locks and strong hardware to protect your family and belongings is a definite plus. If you’ve had new siding installed already, window replacement may be the next logical home improvement. Many siding contractors also offer window and door installations.
Wood Decks Increase Usable Outdoor Entertaining Space
A wooden deck off the back of your home is another great way to improve the value of your home and instantly upgrade the look and functionality of your backyard. Wood decks give owners the best return on their investment because they’re relatively inexpensive compared to composite materials and can last for years when treated properly to prevent rotting or mildew.
Wood may also be painted or stained in a variety of colors to coordinate perfectly with your house’s exterior. Having outdoor entertaining space that can be used several months out of the year is one of the most popular “must haves” when buyers shop for a new family home.
If you’re contemplating exterior renovations for your house, take the time to talk to residential remodeling specialists or siding contractors in your area about what the most popular exterior home improvements are and what kind of return on your investment you can expect. They will be able to help you choose the projects that will give you the most bang for your remodeling buck.