As a homeowner in Hershey, PA, you might be looking for ways to increase your property’s value. Whether you’re planning to sell soon or just want to make smart investments, here are the top five home improvements that can give you the best return on investment (ROI).
1. Upgrade Your HVAC System
Investing in a modern HVAC system can significantly boost your home’s value. Not only does it improve energy efficiency, but it also appeals to buyers who are looking for homes with updated, reliable systems. A new HVAC system can increase your home’s value by up to 5-7%[1]. Modern systems are more energy-efficient, reducing utility bills and providing better indoor air quality. This upgrade can also enhance home inspection results, making your property more attractive to potential buyers[2].
2. Replace Your Garage Door
A new garage door not only enhances your home’s curb appeal but also offers a high ROI. Opt for a stylish, insulated door with modern features. This upgrade can recoup more than 100% of its cost[3]. Garage doors are a prominent feature of your home’s exterior, and a new one can improve security and energy efficiency. Choose materials like steel or wood for durability and aesthetic appeal[4].
3. Install Manufactured Stone Veneer
Adding manufactured stone veneer to your home’s exterior can dramatically improve its appearance and value. This upgrade provides a sophisticated look and can recoup over 90% of its cost[5]. Stone veneer is lightweight and easy to install, offering the look of natural stone without the high cost. It enhances curb appeal and adds a touch of elegance to your home[6].
4. Minor Kitchen Remodel
A minor kitchen remodel can make a big difference without breaking the bank. Focus on updating cabinet fronts, countertops, and appliances. This type of remodel typically offers an ROI of around 85%[7]. Simple changes like painting cabinets, replacing hardware, and installing a new backsplash can modernize your kitchen. Upgrading to energy-efficient appliances can also attract eco-conscious buyers[8].
5. Enhance Curb Appeal
First impressions matter, and enhancing your home’s curb appeal is a cost-effective way to boost its value. Simple projects like painting the front door, updating landscaping, and adding outdoor lighting can make your home more attractive to buyers. These improvements are relatively low-cost but can have a significant impact on your home’s overall appeal[9]. Clean and well-maintained exteriors signal to buyers that the property is well cared for, potentially increasing its market value[10].
Conclusion
Investing in these home improvements can help you increase your property’s value and make it more appealing to potential buyers. Whether you’re planning to sell soon or just want to enjoy a more comfortable and attractive home, these upgrades are worth considering. If you’re in Hershey, PA, and looking to make smart home improvement choices, start with these top five projects.
[5]: Zillow, “Best Home Improvements to Increase Value” [6]: U.S. News, “5 Home Improvements That Can Increase Your Property Value” [1]: ServiceOne, “The Impact of HVAC Upgrades on Home Resale Value” [2]: Green Heating, Cooling, & Electric, “How an HVAC System Upgrade Can Increase Your Home’s Value” [7]: HomeLight, “How Much to Remodel a Kitchen in 2024?” [8]: Angi, “Kitchen Remodel ROI: Is a Kitchen Remodel Worth It?” [4]: Angi, “How Much Does a Garage Door Replacement Cost?” [3]: Ingstrup Garage Doors, “What Is the ROI of a Garage Door?” [9]: Real Simple, “27 Curb Appeal Ideas That Are Actually Doable” [10]: HomeLight, “32 Ways to Amplify Curb Appeal for Selling Your Home”
Feel free to reach out if you have any questions or need further advice on home improvements! Happy renovating! 🏡✨