{"id":25814,"date":"2019-09-05T16:17:48","date_gmt":"2019-09-06T00:17:48","guid":{"rendered":"https:\/\/www.hayden-homes.com\/?p=25814"},"modified":"2024-03-29T14:13:03","modified_gmt":"2024-03-29T22:13:03","slug":"top-8-upgrades-that-payoff-at-resale","status":"publish","type":"post","link":"https:\/\/www.hayden-homes.com\/blog\/top-8-upgrades-that-payoff-at-resale\/","title":{"rendered":"Top 8 Upgrades that Payoff at Resale"},"content":{"rendered":"

\"Top<\/a>Home renovations are becoming more commonplace, thanks to the popularity of home improvement properties on HGTV, DIY Network, or Houzz. Renovations can range from months-long transformations to simple updates that can be made over the weekend. However, not all upgrades are created equally<\/a>, especially when you consider resale value. Here are the top 8 upgrades that won\u2019t cost a lot of money but will reap top benefits when it\u2019s time to sell your home.<\/p>\n

Upgrade the garage door<\/h2>\n

It\u2019s not the most exciting upgrade but replacing your garage door with an upgraded model practically pays for itself, recouping about 97.5% (98.3%) of costs. Choose a garage door made from durable materials like steel, wood composites, and aluminum.<\/p>\n

Add stone veneer siding<\/h2>\n

Adding manufactured stone veneer to your home will seriously upgrade your home\u2019s exterior, helping you to recoup about 94.9% of the costs. Not only does stone veneer look better, but it can also improve your home\u2019s chances of withstanding harsh weather conditions!<\/p>\n

Minor kitchen or bathroom remodel<\/h2>\n

Kitchens and bathrooms remain king when it comes to homebuyers. Upgrading them is usually a sure bet if you want to increase your home\u2019s value. But be smart with your upgrades. Instead of investing in a major renovation, keep it simple by replacing cabinet doors, hardware, and fixtures in the kitchen and updating fixtures, tile, toilet, counters, and lighting in the bathroom. Minor kitchen renovations can recoup about 80.5% of your costs and minor bathroom renovations can recoup about 67.2% of costs.<\/p>\n

Deck addition<\/h2>\n

Outdoor living areas have grown in popularity over the years. Tap into that by adding a new deck or patio. Wood is always a great way to go, typically recouping about 75.6. Alternately, a composite deck or patio will yield an average return of 69.1%. \u00c2\u00a0A 16×20 ft sized deck is the recommended size, however you\u2019ll want to make sure it\u2019s the right size for your home and yard. Be sure to include railings and steps.<\/p>\n

Siding replacement<\/h2>\n

Old and damaged siding is an eyesore. If you\u2019re not a fan of stone veneer, new vinyl siding is a good alternative, allowing homeowners to recoup about 75.6% of costs. Updating the siding will make your home look newer. Be sure to update the trim as well.<\/p>\n

Replace existing windows<\/h2>\n

Replacing your existing windows with Energy Star-rated windows will appeal to energy-conscious homebuyers, since they can lower a home\u2019s energy bill by 7 to 15%. By installing at least 10 vinyl replacement windows, homeowners can get a 73.4% return on value when they sell.<\/p>\n

Update the front door<\/h2>\n

Replacing an existing door with a steel one can reap about 74.9% at resale. Steel doors make a home safer and add curb appeal. Add to the visual appeal by choosing a door with decorative options like glass paneling.<\/p>\n

Install smart technology<\/h2>\n

Smart home technology has becoming popular with younger generations, especially the Millennial generation, who is now the largest buying generation. While not all smart home upgrades are made equally, here are some of the most popular smart technologies that will appeal to this buyer group:<\/p>\n