Have you had a chance to read our latest blog yet? If you have, then you already know that a new front door and a minor kitchen remodel are both home improvement projects that can give you a high return on your investment. Unfortunately, not every renovation that you make on your investment property in Orlando will give you the same kind of results. At ROI Homes, our goal is to help you to make the most out of your money! That is why our experts have come up with the following list of a couple more home improvement projects with a high return on investment:
- Siding – If the siding on your home is old and worn, it can cause your home to drop in value by 10%! Luckily, new siding is a relatively small and easy project that can give you great results. Nothing can increase your home’s curb appeal like new siding can, and if you decide to go with fiber-cement siding, you can expect to see an approximate 84% return on your initial investment. Other types of siding can also yield a high ROI as well. With foam-backed siding, you can expect an 80% ROI, and with vinyl siding, you can expect an 81.5% ROI.
- Wooden deck addition – There’s nothing like enjoying the world from a beautiful deck, so it is no wonder that a wooden deck addition can get you a high ROI. The best part of a deck addition is that it can cost as little as $8 per square foot and you can expect to see an approximate 81% ROI.
Stay tuned for our next blog to learn about more high ROI home improvement projects.