Are you considering a home remodel project in the near future? Whether you are planning to create a more comfortable living space to enjoy in your forever home or updating to increase the value of your home for a sale in the near future, its important to know just how much return you are going to get on your investment. Below is a chart generated from http://www.remodeling.hw.net/cost-vs-value/2017/pacific/ that shows the National average cost for each type of remodel and the return you can expect.
Top 3 Home Improvement Projects For ROI In Washington State
1) Attic Insulation 122.8% ROI
The highest return on investment comes in the form of attic insulation. Recently the required R insulation value for homes in Washington State was increased. Adding blown in insulation to your attic gets the A+ grade for ROI because of its energy savings ability. Increased insulation keeps your home warmer in the winter and cooler in the Summer reducing the need to use your heater and air conditioner. Less energy use keeps more money in your pocket making this home improvement project the one of only three on the list with over a 100% ROY (122.8%) return in the Pacific Northwest.
2) Manufactured Stone Veneer 106.7% ROI
At number two on our ROI chart is manufactured stone veneer. Stone veneer can be used to accent pillars on your porch, siding or used on your entire entry way. It adds a rich and rustic look to your home and yields a whopping 106.7%
3) Steel Entry Way Doors 101.3%
Coming in at number 3 on our ROI list is replacing your entry door with a steel option. The durability of steel doors is second to none. They also offer great energy efficiency and some models come with fire rating as well. By providing a 101.3% ROI at a low cost this is a project that should be seriously considered if your renovating to increase your property value.
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