4 Home Improvement Options to Increase Your Home's Value

Do you want to increase the value of your home? You may not be thinking of selling your home any time soon, but investing in your biggest asset is always wise. Here are some of the most common home improvement options to help you get started.

1. New Garage Door

A garage door may not seem like a major remodel but it actually has a significant effect on the overall look of your home. Replacing your garage door can cost a few thousand dollars at most, but it has a relatively high return of investment.

2. New Siding

Getting new siding can create the biggest change in terms of visual impact, but it can also help improve your home's insulation and prevent moisture damage to other parts of your home. Although fiber cement siding gives the highest return of investment, more affordable options such as vinyl siding and foam-backed vinyl still yield respectable returns.

3. Steel Entry Door

When it comes to raw cost-efficiency, few projects can come close to getting a new entry door. Steel entry doors seem to be a favorite among those wanting to add value to their home because of the high returns. Wood and other types of entry doors yield slightly lower returns, but are still high compared to other kinds of home improvement projects.

4. Wooden Deck

Although the previous option has the highest returns, that's mostly because of the relatively low installation costs of getting a new door. If you have the cash to spare, you might want to consider adding a deck to your home. Wooden decks add a lot to a home's visual appeal and helps extend the usable floor space in your home. Material matters a lot when it comes to adding a deck. A wooden deck will provide big returns, and composite decks a little less.