2019 Trends in Home Improvement Worth Investing In
Not All Home Projects are Equal When it Comes to Your Investments
Each year, Remodeling Magazine publishes a Cost vs. Value report that details the most profitable projects from the previous year – the ones that offer the highest rate of return for the investment of money and effort that you put in up front. We’ve analyzed their report to break down the findings and show you the top 2019 home improvement trends that should ensure a solid return for your investment.
Sustainability is more important than ever in the minds of so many Americans, and making improvements and investments to your home that will last is essential. This rings true for both homeowners as well as potential buyers, should you ever decide to sell your property. Read on to discover the best home improvement projects for the year, with ROI that’s got serious staying power.
Outdoor Home Improvements
As any good Realtor will tell you, first impressions truly matter. Notable real estate tycoon Barbara Corcoran stated that most buyers decide within the first eight seconds whether they are interested in your home – before they even go inside! That said, just about any outdoor improvements rank high on the list of 2019’s worthwhile renovations.
Garage Door Replacement
Always popular for the quick improvement it makes and for its consistently high ROI, replacing the garage door should be first on your list. In 2019, like in previous years, garage door replacements bring a very high 97.5% return on your investment!
Also related to the garage, expanding the space is becoming increasingly popular. According to Builder Online, 3-car garages are the new 2-car garages. Even if you don’t own three vehicles, having the extra space in the garage can lend itself to being developed into a wood shop or workstation.
Metal roofing provides high sustainability and strength, although the initial cost can be high. The price of steel has increased due to new trade tariffs, which in turn brings the price of new steel roofing up, but it also adds to the investment value. Metal roofing is considered much stronger and more durable than the asphalt shingles alternative.
Entry Way Upgrades
A huge part of any home’s first impression is the approachability and affect of your entryway. Popular entryway trends in 2019 include adding more glass and wooden fixtures, as well as installing a steel door. Replacing the front door is a traditionally high-ranking improvement in terms of ROI, and a relatively simple improvement project.
Composite Deck Addition
This renovation isn’t visible in the coveted eight seconds, but it can be a very healthy investment to make. Over the past few years, this addition has become increasingly popular. Wooden decks are also solid investments, but the composite deck addition brings a higher ROI value.
Manufactured Stone Veneer
By removing the bottom third of the existing siding from your house and replacing it with a manufactured stone veneer, you can tap into one of the most popular home improvement trends happening this year. This 2019 trend says that classic siding is fine, but stone veneer adds more interesting elements to the front of your house, making it a home improvement that friends and neighbors alike are sure to notice!
Many potential buyers today will ask about the age of your windows. Routinely replacing windows in your house can help to keep your home sustainable and up to date, while reducing energy consumption. Good windows are not only a stylistic improvement, but they can also prevent drafts and other undesirable home damage. By cycling through different sections of window replacements, you can also effectively turn this investment into one that takes place in stages, with an extended payment plan.
It’s always smart to keep your kitchen up-to-date and on par with contemporary trends. Kitchens are historically one of the most important selling points of the house. According to the 2019 Cost vs. Value report, however, minor kitchen remodels are more likely to have a high return. This means smaller projects like replacing the stove, sink, or flooring will bring more bang for your buck in 2019.
Similar to kitchens, bathrooms should be kept in top shape when looking to increase your home’s value. This year, remodeling existing bathrooms is a better investment than looking to add a new bathroom entirely.
Lasting Home Improvements, Inside and Out
In 2019, put your best foot forward as a homeowner, whether you’re looking to make your place more livable or because you’re ready to sell. By polishing your home’s exterior, you can increase its overall value. Sustainability and durable renovations are all the rage this year, so now’s your chance to make home investments that will last.