7 Best Home Improvements: Home Upgrades That Pay Off

High-ROI Home ImprovementsMaking home improvements can be a great way to add value to your property and make your home more comfortable. However, not all home improvements are created equal—some projects offer a much higher return on investment (ROI) than others. If you want to upgrade your home, here are some of the best high-ROI projects you can undertake.

Install a Home Security System for Profitable Peace of Mind

Safety and peace of mind might be priceless, but you’ll still see a high ROI when installing a home security system. From door locks to motion-detecting lights, a safer home means a higher ROI when it comes time to sell.

Depending on the type of home security and insurance company, you may even qualify for premiums on your home insurance. And if your home security system includes cameras, your belongings are doubly protected, since evidence of burglary can be given to police and used in insurance claims.

Upgrade Your Windows to Maximize Energy Efficiency

As windows settle over time, they can lose their seal, allowing air to escape and moisture to enter the home. Additionally, older windows may not be made with energy-efficient materials, leading to higher energy costs. Upgrade with an energy-efficient model, like Low-E windows, and ensure a proper seal during installation.

Low-E windows improve home energy efficiency by trapping a layer of gas between the two panes of glass, which helps keep heat in during the winter and out during the summer. Low-E windows are available in insulated and non-insulated varieties, so choose the right type for your home.

Replace Your HVAC System with Smart Tech

Your home's HVAC system has a big job, taking up about 40% of your home’s total energy usage. If your HVAC system is old or inefficient, you could be losing thousands of dollars per year in wasted energy and repair costs. 

A smart HVAC system could solve all those problems by customizing the temperature of each room in the house, detecting air leakage, and even measuring carbon monoxide levels. With more and more people making smart home upgrades, this project has a high ROI in saved money and potential profit.

Landscape Your Yard for Ultimate Curb Appeal

Landscaping your yard can be a great way to improve the appearance of your home and increase its value. Consider the following landscaping projects to yield the best ROI.

Install a New Fence

A new fence can be a great way to improve the appearance of your yard, framing the sides of your home and adding curb appeal. A well-maintained fence can also increase appeal among buyers with pets or those looking for extra privacy.

When installing a new fence, choose a style that complements your home's architecture and materials that will last long term. Consider weather and maintenance costs when researching—for example, wood might be easier to maintain, but wrought iron is more durable. You’ll need to choose the best fit to get the best payoff on a fence.

Install a Patio or Deck

Patios and decks provide space for relaxing outdoors or hosting gatherings. A well-constructed patio can be a great addition to any home and can often increase a home's value by several thousand dollars.

The cost of installing a deck depends on the size, type, and material of the deck. A simpler deck might be easy to build yourself—increasing ROI—so do plenty of research to create the best budget and building strategy. 

Plant a Garden

Gardens can be a great investment, providing fresh fruits and vegetables, a place to relax and enjoy nature, and a fulfilling hobby for green thumbs. A garden can boost your home’s curb appeal and increase its value, especially large ornamental gardens or bountiful vegetable gardens.

If you start your garden from seeds, you can see an even higher ROI—but even starting with mature plants opens up a world of potential. From selling produce to saving money on flower arrangements, a garden’s ROI adds up quickly, even beyond increasing home value.

Make the Most of Home Improvement

Home improvement projects can be a great way to increase the value of your home. Not only will you see an immediate return on investment through increased property values, but many of these projects will also save you money on utilities, prevent home safety hazards, and boost your curb appeal. If you're thinking about making some home improvements this year, be sure to consider these tips.

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