How-To-Remodel-A-Home Top Five Remodeling Projects
How-to-remodel-a-home examines the top five remodeling projects for the best remodeling return on investments, and for preparing your home to sell.
As the summer home selling season approaches, home owners considering planning to place their properties on the market should know about remodeling projects that return the most value and increase selling likelihood with better curb appeal or popular features.
Housing market data reveals that small, smart remodels reward home owners with better return on investment and can help update a home for a better sale. Review these top five remodeling projects and begin planning during National Home Remodeling Month.
How-To-Remodel-A-Home Top Five Number One--Add A Deck
Building on a wood deck returns 82 percent of the expense, according to Remodeling magazine’s Cost vs. Value study. Decks built from composite material also offer a hefty return. Home owners and prospective buyers are attracted to outdoor living space where they can relax and entertain near the comfort of indoor conveniences.
Number Two--Replace Vinyl Siding
Improving curb appeal with small enhancements can increase the likelihood of a home sale. Refreshing the exterior with new siding updates the look of the home and is a necessary home maintenance task. Vinyl siding replacement returns a national average of 81 percent of the investment.
How-To-Remodel-A-Home Top Five Number Three--Replace Windows
Updating windows can also return a solid portion of the investment (78 percent for wood frames and 77 percent for vinyl). New, energy-efficient windows also helps reduce energy leakage from the home and can bring down heating and cooling bills. A recently expanded federal tax credit can help defray the cost for purchasing and installing qualifying windows. Visit www.nahb.org/efficiencytaxcredit for more details.
How To Remodel A Home Top Five Number Four--Remodel The Kitchen
A minor kitchen remodel can improve the look without costing a bundle, and yields an 80 percent return. Considering replacing cabinetry fronts, countertops, and flooring. Installing low-flow faucets and energy-efficient appliances can also reduce water and energy expenses.
How-To-Remodel-A-Home Top Five Number Five--Remodel The Bathroom
Payback on remodeling a bathroom can reach 75 percent with new fixtures, tile, toilet, vanity and lighting. Low flow toilets consumer less water and can decrease the monthly water bill.
Smart remodeling projects for improving the home can attract buyers and make the home more comfortable.
ABOUT NAHB REMODELERS: NAHB Remodelers is America’s home for professional remodelers, representing more than 20,000 remodeling industry members of the National Association of Home Builders (NAHB). Founded in 1982, the organization provides information, education and designation programs to improve the business and construction expertise of its members and to enhance the professional image of the industry. Its membership incorporates 145 local councils in 43 states. Learn more about remodeling from NAHB CLICK HERE.
ABOUT NAHB: The National Association of Home Builders is a Washington, D.C.-based trade association representing more than 200,000 members involved in home building, remodeling, multifamily construction, property management, subcontracting, design, housing finance, building product manufacturing and other aspects of residential and light commercial construction. Known as "the voice of the housing industry," NAHB is affiliated with more than 800 state and local home builders associations around the country. NAHB's builder members will construct about 80 percent of the new housing units for 2009.