3 Home Renovations with Good Return on Investment

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There are advantages to investing in home upgrades. You can customize your living spaces, creating a home that is most functional for your family’s lifestyle and enjoyment. You can improve aesthetics, energy efficiency and even increase your home’s resale vale. Cleland Contracting in Calgary shares three home renovations that will have a great return on your renovation investment.

Replacing Front Entry Door

A beautiful front entry door will improve your curb appeal and if you’re planning on selling your home it will give a great first impression to potential buyers. If your front entry door isn’t sealing properly or is noticeably damaged a new high efficiency front entry door will improve your home’s energy efficiency by keeping in the heat during the winter and the cool air during the summer.

A new entry door also has a high return on investment. According to Remodelling Magazine’s Cost vs. Value Report for 2016, a new steel entry door replacement will recoup over 91% of it’s cost at resale. The report shows that if you spend roughly $1300 on a new door you can expect your property value to rise at least $1200. When you add that to the money you’ll save on your energy bills, you’ll find your new entry door will pay for itself in no time.

Building a Deck Addition

A deck in your front or backyard will create an additional living space for your home. Use your new deck for relaxing, dining, entertaining and enjoying the outdoors in the spring and summer months. Cleland Contracting can help you design a custom deck made of beautiful cedar wood, affordable pressure treated wood or maintenance-free composite. Learn more about choosing decking materials.

One of the reasons why building a deck is such a good investment is because it increases living area at a minimal cost per square foot. According to this article “Deck Addition: Return on Investment”, National Association of Home Builders reported that new construction costs of a 2,000 square foot home is about $85 per square foot where the construction costs for a wood deck are less than $35 per square foot.

The Cost vs. Value report also shows that a wood deck addition will recoup 75% of it’s original cost.

Interior Paint Job

Painting your home is one of the easiest and most cost-effective way to completely upgrade your home. That means you can give your living space a whole new look and make it more attractive for the real estate market without having to break the bank on a major home remodel.

If you’re painting your home to put it on the market, be sure to choose neutral colours to give potential buyers a ‘blank slate’ where they can envision making the home their own. Learn how to choose paint colours. Not only will your home’s new look attract more buyers, it could get you better offers too.

Calgary General Contractors

Cleland Contracting are trustworthy carpentry and home renovation contractors in Calgary. Their team has over 12 years of renovation experience and a great reputation for customer service and satisfaction. Their home renovation services include:

– carpentry
– kitchen renovations
– bathroom renovations
– basement renovations
– windows and doors
– flooring
– drywall
– painting
– decks and fences
– tilework and more!

Contact Cleland Contracting today!



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Original Post Link: https://blog.renovationfind.com/3-home-renovations-with-good-return-on-investment/


Date Posted: 10 Sep, 2017
Written By: Renovationfind

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