Expert Contributor by Sarah Forti Forti Homes with Keller Williams Realty
TOP 5
Home Improvements with High ROI for 2021 Despite the unprecedented pandemic, homebuyer traffic is heavy. If you’re thinking about selling your house, this may be a great time to get the best price. One of the best considerations will be home improvement projects that add value to your home. Here are the top 5 home improvement projects that are likely to have the highest return on your investment (ROI): Garage Door Replacement New garage doors improve a home’s beauty and enhance functionality. A broken-down garage door can cause a lot of concerns such as pest entry, flooding, decreased home energy efficiency and safety. With multiple styles and colors, this is a project you will enjoy every time you pull up to your home. Job Cost: $3,791 Resale Value: $4,031
Manufactured Stone Veneer Stone veneer gives your home an instant upgrade in sophistication and your home’s overall appeal. Installation is more cost efficient than building with real stone because it is less expensive to purchase, lighter, and quicker to install, which reduces labor costs. Job Cost: $9,589 Resale Value: $8,607 Siding Replacement | Fiber-Cement Fiber-cement siding has multiple benefits as an added value for your home. It has a longer lifespan; it’s very versatile in style; and it’s resistant to heat and weather. A key feature is that it emulates the classic look of wood while being a durable product that adds years of enjoyment to the home. Job Cost: $17,497 Resale Value: $14,966
Wishing you and your loved ones a happy and healthy Holiday Season and a Happy New Year! SA R AH FO R TI R E A LT O R 6 1 0- 9 8 6 -7 1 7 0 S A R A H @ F O R T IH O M E S . C O M
Minor Kitchen Remodel | Midrange If you live in your “forever home,” you may choose to go all-out with your dream kitchen. But if you’re considering selling in the near future, cosmetic makeovers will work in your favor and offer an excellent ROI. Minor touch-ups such as replacing old hardware, faucets and appliances is a definite key to increasing your home value. Consider painting cabinets instead of replacing. Even countertops can be replaced with a neutral-colored stone and will work with any buyer’s style. Job Cost: $24,049 Resale Value: $19,178 Deck Addition | Wood Outdoor living space is a key feature on most homebuyers’ wish list. A deck that connects the home with the outdoors not only increases your home’s usable living space, it can also increase your home’s market value and the aesthetic appeal of your home’s exterior.
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WWW. F OR TI HO MES .CO M 7 44 W. L AN CAS TE R AVENU E , SU IT E 125, W AY NE , P A
Job Cost: $17,497 Resale Value: $14,966 Whether you plan to sell your home in the near future or live in it for years to come, it’s helpful to know what projects add the most value to your home. NS
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Newtown Square Friends & Neighbors
December 2020
