In our last blog, we talked about a couple of the best home improvement projects for your return on investment. To recap, we talked about new siding and a wooden deck addition. Finding the right fixer-upper home for sale in Orlando is just one step of the process. If you don’t make your renovations wisely, you won’t make as much money in the end. That is why you need to start with the following renovations that give you the highest rate of return on your investment:
- Garage door – The garage door is often overlooked, but it shouldn’t be! The garage door is one of the first things that others will see about your home, and if it isn’t in great shape, you could be hurting your home’s curb appeal. If your garage door is in really bad shape, you may have to replace it altogether, which is only about $1,600 and it will give you a healthy ROI of 80.7%. However, if your garage door is functional but just looks a little worse for the wear, you may get away with a fresh coat of paint!
- Attic bedroom addition – During the recession, many homeowners made the choice to make the most out of the space that they had rather than building an addition to their home. This trend is still popular today, and adding an attic bedroom can get you a return on your investment of about 80%.
As you can see, large expensive remodeling projects don’t necessarily get you the best results. Get the most out of your money by investing in these small, cost-effective home improvement projects!