Spring is around the corner, and with it comes the home projects that you've been waiting to do all winter. From refreshing your outdoor spaces to sprucing up the interior, there are plenty of projects to keep you busy this spring that also have a high return on investment (ROI). From small updates to large renovations, read on for some ideas for your next home project!
Enhance Curb Appeal
With warm weather approaching, now is a great time to consider making updates to the outside of your home to boost its overall curb appeal. Some of the best home projects for the highest ROI are replacing your old garage door, replacing siding, and adding on a deck.
When it comes to replacing your garage door, the national return on investment came in at an astounding 93% for 2022! If you’re in need of inspiration, check out HGTV’s 50 Garage Door Ideas blog.
Along with replacing your garage door, updating and replacing your home's exterior siding has great benefits. Based on national trends in 2022, if you opt for fiber-cement, you can expect around a 68% cost recuperation. Alternatively, if you opt for vinyl siding you can expect a 67% return.
While you’re making updates to your home’s exterior, you may want to consider adding a deck to enjoy some fresh airl. According to remodeling.net, adding a wood deck has seen a 64-72% ROI from 2020 to 2022. What better way to welcome Spring than with a new outdoor space for you and others to enjoy for years to come?
Update the Interior
The interior of your home can benefit from a refresh too! A new coat of paint can have one of the biggest impacts, with an ROI of 107%. If you’re considering new paint colors, check out the Behr 2023 Color the Year for some inspiration.
If you’re interested in tackling a more extensive project, minor kitchen remodels had, on average, a 70% ROI in 2022. Typically, a minor remodel means that the overall footprint of the room is left the same, and many items are reused such as the existing cabinetry. A minor remodel can include painting, installing new floors or reviving your current ones, and/or updating appliances. If you’re looking for design ideas, reference our 2023 Design Trends + Predictions blog.
Similarly, updating your bathroom to a universal design saw a 56.7% return on investment in 2022. A universal design means making the bathroom accessible to all, and usually entails making the space wheelchair accessible, comfort height toilets, curbless showers, and more.
Final Thoughts
If you decide to take on a home improvement project this spring, make sure to call your Helen Adams Realty agent for vendor recommendations and more! Our agents always have your home's best interest in mind, whether you’re preparing to sell or just looking to make updates. In need of an agent? Give us a call or fill out this form and you’ll be matched with an agent that fits your needs.