Finance & Mortgage

3 Home Improvements That Ensure Return of Investment

Some buyers may be adamant about making some minor or major improvements on the house for fear of having additional expenses without any return of investment. Yet, little did they know that there are actually home renovations that pay off, perhaps, not at this time but in the long run.

Who knows? Behind your financial compromise lies commercial opportunities that will soon lead to financial blessings. After some time, you must have profited real big before you even know it. But, the question now is: How much are you willing to spend on home improvement?

The following are three home improvements that you'll never regret investing in will help you calculate your possible home renovation expenses:

Installation of Fiberglass Attic Insulation

According to Cost vs. Value Report, fiberglass attic insulation has been tracked as a home improvement that will surely make your house saleable in the market. It is even one of the top renovations in 2016. Hanley Wood, publisher of Remodeling Magazine, said via KCEN TV that fiberglass attic insulation is evaluated and proven to add more value to the house at 117 percent cost of the home improvement. This year is even its first time to be listed in the list of 30 home improvement projects that can boost the bankability of the home.

Replacement of steel entry door

What catches the attention of anyone the first time they step into the house is the entry door. Replacing it with steel is a good choice. According to Realty Times, the steel entry door adds more value to the home at 91.1 percent of the total improvement project cost. This renovation was 2015's top spot but is now at No. 4.

Give some space

This Old House reveals that a house with more space can give buyers more options to do some interior designing. Kristen Wellins, ERA Real Estate's Program Development Senior Manager, reveals that buyers want a wide open floor plan right now and most buyers nowadays are into big spaces.


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