Last updated 16 hours ago
When considering a home improvement project, many homeowners focus on the cost of materials and installation. Though the aesthetic gains of an exterior home upgrade may be clear, the financial benefits may not be. When it comes time to sell, however, exterior home upgrades begin to show their true worth. Here?s a brief look at the potential return on investment offered by roof replacements, siding replacements, and other exterior home upgrades:?
- Enhanced Energy Efficiency
If you?re used to paying high energy bills, you probably don?t even realize how high they are. Once you complete a new roofing or siding project, however, your energy bills will decrease 15% or more. Air tight roofing and siding can be great for keeping out warm air and allowing your home?s air conditioning system to work more efficiently.??
? - Increased Curb Appeal
New roofing and siding can also make your home?s exterior much more appealing to potential buyers, significantly increasing your number of offers. Even something as simple as a new patio enclosure can catch the eyes of passersby.??
? - Higher Property Value
Though a smart home improvement project will earn you significant energy savings, the bulk of your return will reveal itself once you sell your home. According to Remodeling?s Cost vs. Value Report for 2011 to 2012,?roofing projects will give homeowners a 60% return on investment, while siding projects will give 70% or more. Of course, these estimates are national averages but you could conceivably recoup 100% of your expenses or more depending on where you live.
If you?re interested in improving your home?s exterior, contact Lance Roofing & Siding of Dayton. Our experienced experts will gladly examine your home and help you determine which improvement projects will do the most good. For high-quality roofing and siding, call us today at (937) 864-2722.?
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