What Are the Highest ROI Home Improvements of 2020?

Choosing to pursue a home remodel or renovation is a big decision, and working with some of the best local contractors in Lancaster, CA can be a big help as they guide you through the process. Deciding what you want the new space to accomplish and do for your family should be the single biggest factor driving your decision-making, but you can’t deny that there’s a financial piece to things as well. This first shows up as your budget—figuring out what you can afford and what you can’t should be one of your first steps.

Beyond that, though, you want to keep in mind that these types of improvements can add real value to your home. Knowing what home improvements give you the best return on investment (ROI) can be very beneficial information when it eventually comes time to sell. Here are a few of the big ones.

Garage door replacement

This is one many people don’t immediately think of, but it can really offer some benefits! If your garage door is a bit worse for wear, it’s probably having a significant impact your home’s curb appeal. After all, it’s the first thing visitors see when they pull into your driveway, so you want it to make a good impression. Adding a new garage door is a job that’s relatively inexpensive and quick when you work with the best local contractors in Lancaster, CA, and homeowners are able to recoup around 94.5 percent of what they spent on it when it comes time to sell.

Minor kitchen remodel

While most people think of kitchen remodels as intensive and invasive projects, the reality is that these projects can take a wide variety of forms. A minor remodel might include doing some things like replacing the cabinet and drawer fronts while keeping the boxes, replacing appliances with newer, more efficient models and putting down new flooring. Not only will this give you a space you’ll enjoy working in for the remainder of your time in the house, but you can expect to recoup somewhere around 78 percent of your costs when you sell.

Manufactured stone veneer

This is an increasingly popular modification people are making to the outsides of their home. Basically, it entails replacing the bottom third of your siding and/or the archway over your main entrance with stone veneer. It can give your home a look that’s eye-catching and contemporary, and it will really give the curb appeal a boost. It’s also a resilient material that doesn’t require much maintenance at all, meaning your time in the home will be more enjoyable for years to come. Most homeowners recoup around 96 percent of the cost of this project when it comes time to sell.

While home remodels should be done with your current needs in mind, keeping an eye on the long-term financial benefits is never a bad idea. Working with the best local contractors in Lancaster, CA is a great way to ensure you’re maximizing the ROI on your home improvement projects. JB Construction offers remodeling and renovation services in a number of different areas—call us today to talk about your next project!

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