You’ve heard the saying that your home is the biggest investment you’ll make. Chances are, you’ve got a growing list of home improvement projects you’d like to tackle. When deciding which projects to move forward with, it’s important to consider which upgrades will provide the best return on your investment.
Enjoy Now, Recoup Later
Some improvements, although costly upfront, will pay you back in time through energy savings or increased appraisal value. From replacing your entry door to adding a deck, there are several improvements you can make today that will add value down the road*.
Consider a Sustainable Approach
Remodeling can help you decrease your carbon footprint. When choosing a residential building products vendor, look for one that employs sustainable business practices.
And when selecting products for your home, check for the NAHB Research Center Green Approved Mark to ensure that your home improvement project is environmentally friendly.
Plan for Payback
To get the best return on your investment, it’s important to plan ahead. Here are a couple of tips on how to set yourself up for success:
- If you’re planning to put your home on the market soon, consider projects that will add curb appeal such as replacing the entry or garage door.
- To save money in the long run, consider replacing your windows and siding with low-maintenance and energy efficient vinyl options.
Do Your Homework
Do your research to find out if you’re eligible for government incentives on environmentally friendly home improvements. To get the best deal on your home design project, consult multiple contractors.
Improve with Confidence
Now that you know which improvements are wise investments, it’s time for the adventure to begin. Take the time to research energy-saving products and environmentally friendly manufacturers. If you put the payback principal in motion, you’ll enjoy a beautiful, financially savvy home makeover. It may be one of the wisest investments you’ll ever make.