Remodeling Magazine has published their annual home improvements cost vs. value report!
There aren't a lot of surprises this year so we'll just highlight some home improvements that should be on the minds of home owners in our area, starting with their top suggestion for our Mid-Atlantic Region.
#1 Best Home Improvement ROI for 2018
Manufactured Stone Veneer: Home owners are looking at an almost 94% return on investment with this home improvement.
Our suggestion: Be open minded about stone types. The big box stores can often be more expensive than independently owned retailers and certain types of stone veneers can require more labor costs than others. Visit our siding page for stone veneer ideas.
#2 - Garage Door Replacements (90,6% ROI)
#3 - Entry Door Replacements (steel) (78.4% ROI)
Our suggestion: These two home improvements are both minor projects but they also give a big boost to the look and feel of your home. Replace both doors at the same time with complimentary styles for maximum curb appeal.
#4 - Deck Addition (wood) (74.1% ROI)
Our suggestion: Decks and/or patios are necessary features for homes in the Poconos. Most homes will have one or both, or need one or both to maximize the home's functional space.
Wood decks are again outperforming composite decking this year and with a sizable cost difference it is easy to see why.
If you have a deck now, inspect it regularly. Every single year older decks fail in the Poconos because they were not built to reflect current codes, or, they have not been properly maintained.
If you need help with ideas for new decks/patios, or with understanding the lifespan of your current deck, visit our decks page.
#20 - Backyard Patio (43.9% ROI)
Our suggestion: The write up they give for this project makes it a major home improvement project with a good amount of maintenance and a high price tag ($56.067). For most home owners in our area, this specific project as described is going to be a financially out of reach home improvement.
We would likely suggest a backyard patio design that is similar in size (20'x20') but with less expensive features, at least initially. Our well thought out designs are beautiful projects on their own, but also leave plenty of opportunity for additional upgrades. Visit our landscaping page for great patio ideas.
To learn more about the entire list of home improvement projects, visit this link: http://www.remodeling.hw.net/cost-vs-value/2018/middle-atlantic/
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Quality construction does not only build structures, it also builds: town pride, small business opportunity, beautiful neighborhoods, home equity, and ultimately better lives.
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