High “ Return on Investment ” Home Projects
( Family Features ) Whether you ’ re looking to add value for potential sale or simply create a more comfortable living space , now is the perfect time to breathe new life into your home with projects that provide a high return on investment ( ROI ).
Consider these top home renovation projects from the experts at Westlake Royal Building Products – a leader in innovation , design and production of exterior and interior building products including siding , trim , mouldings , roofing , stone , windows , outdoor living and more – based on the 2024 Cost vs . Value Report from “ Remodeling Magazine .”
Remodel the Kitchen and Bathroom
The average seller can expect an 96.1 % return on a light touch to the kitchen , according to the report , and 73.7 % on a modest bathroom renovation . Because personal preferences can vary widely among buyers , minor upgrades can provide a higher ROI than large , upscale remodels . A few easy ways to refresh your kitchen or bathroom include updating shelving or adding new hardware . Decorative trim and mouldings are also cost-effective ways to add visual interest .
Upgrade with Stone Veneer
As natural and textured home trends continue , homeowners are gravitating toward stone veneer , or manufactured stone , as it can replicate the look of real stone , adding comfort , character and beauty to homes . An option like Versetta Stone from Westlake Royal Building Products offers the authentic , handcrafted look of stone in a panelized format that ’ s easy to install with nails and screws . There ’ s also no need to paint , coat or seal once installed . Ideal for its ability to add texture and dimension throughout both home interior ( accent walls and fireplaces ) and exterior applications ( siding , entryways and walkways ), stone veneer – which comes with a 153.2 % ROI – can influence mood , emotion and energy levels while serving as a focal point of your home ’ s design .
Install New Windows
Depending on the harshness of winter in your area and the age of your home , you may notice certain windows have developed drafts , allowing cold air to enter and heat to escape . Replacing drafty or outdated windows with modern , energy-efficient models is one of the most effective ways to enhance your home ’ s energy efficiency . Additionally , a vinyl window replacement brings approximately 67.1 % ROI .
Replace Siding
In some cases , applying a fresh coat of paint is enough to refresh your home . However , if you ’ re looking to enhance your home ’ s curb appeal while making a long-term impact , consider installing new siding or replacing existing siding . Because vinyl siding serves as an additional layer of insulation , improving the energy efficiency of your heating and cooling systems , it offers a 80.2 % ROI . Weather-resistant , lowmaintenance siding like Celect Cellular Composite Siding , which is now available in ontrend colors including Imperial Red , a robust shade of red ; Deep Pewter , a compellingly modern forest green ; and Timberland , a rich , natural brown , won ’ t warp , sag or buckle and is built to withstand even the harshest weather conditions . Its patented interlocking joints provide a seamless look and it ’ s easy to install in small spaces , like along a knee or pony wall .
Update Decking
If you want to entertain guests outside , it ’ s a perfect time to get your patio or deck ready . While a new coat of stain can update your existing deck ’ s appearance and help protect it , now is also an ideal time to build a deck if your home doesn ’ t currently have one . When choosing a decking material , cost and maintenance are two factors to consider . Composite decking offers a 68.2 % ROI and is low maintenance as it ’ s not susceptible to cracking , warping and weather damage .
Find more ideas to update your home at WestlakeRoyalBuildingProducts . com .
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