Capital improvements are projects that add market value to your property by either prolonging its useful life or adapting it to new uses. While many of them can be costly, their price is worth the investment. They can make your home more expensive on paper by helping to build its equity through improved weather protection and increased curb appeal.
Masters Roofing discusses some of the capital improvements you should consider:
Wood Deck Addition
According to the latest Cost vs. Value Report, a wood deck addition delivers an impressive 82.8% return on investment (ROI). Authentic wood can mesh with practically any siding and extends the comfort of your living room outside. Despite the growing popularity of other decking materials, wood remains the most sought-after option for most American homeowners.
Siding Upgrade
When it comes siding, retiring your old cladding panels can spruce up your home exterior dramatically while increasing its resistance to the elements. On average, a siding replacement project can generate a payback of over 70 cents to every dollar. Vinyl is still the most preferred material because it appeals to every budget, boosts energy efficiency and requires the least maintenance.
Vinyl Window Replacement
Replacing your windows with vinyl lets you recoup almost one-third of your investment at resale. Although newer materials have been gaining steam, vinyl’s demand has managed to maintain its upward trajectory for years while wood’s popularity continues to decline.
Apart from the vinyl framing material, choose replacement windows with high-performance glass for maximum energy efficiency. While all products don’t perform differently, the ENERGY STAR® label can tell you which ones meet your local climate’s energy efficiency requirements.
Interior and Exterior Painting
Honest realtors would attest that applying a fresh coat of paint goes a long way. An experienced interior and exterior painting service provider can help revitalize the look of your tired space inside and out. Using trendy colors promises excellent results, but you can never go wrong with neutrals.
Entrust your capital improvements with Masters Roofing to get the most value for your money. Call us at (844) 400-4774 to schedule your free, in-home consultation and estimate in Memphis, TN.