While a modern design kitchen seems like an exciting project to take on, ask yourself this question: is this going to add to my home's lifetime value?
Remodeling Magazine just released their Cost vs. Value report and here are 3 home improvements that promise the highest ROI that also last a lifetime as reported by Realty Times:
Get a new roof
With a whopping national average ROI rate of 71%, a new roof will not only significantly improve the look of your home but its value as well. With a new roof, you can peacefully live not having to worry about leaking ceilings and rotten gutters for a long time. Also, depending on the material of the roofing you choose, you can expect to put a good price tag on your house with newly installed roof when selling time comes.
Change out your front door
When friends and family visit your house, your front door is the first thing they see and it is going to set the mood and how they will feel about your house. A new door is also going to improve your curb appeal that you can already make a good impression even before guests get inside. But most importantly, the Remodeling Magazine report says that a steel front door promises 101% gain when it's time to sell your home.
Install new flooring
Thinking of getting new flooring? If you want something that could last you a century and at the same time doesn't need too much work to maintain, go for wood flooring. It is a classic choice that easily fits with any style or design and you would only need elbow grease to keep it looking new. You can also protect it from damage by accessorizing it with runners and rugs. If you want to sell your home, a floor improvement is proven to be attractive to buyers and this will help sell your property faster than you will without this project.
