Home » Money Management » Top 5 Home Upgrades and Repairs Worth Your Money
Solar-Panels

Top 5 Home Upgrades and Repairs Worth Your Money

If you’re going to sink money into a home upgrade or repair, you want it to be worth your money. The value you might get in return can be the benefit the project gives your home, money that you save in the long run, or even increased property value. Many of the top home projects might even accomplish several of these simultaneously.

Fencing in the Yard

If you have pets or kids, then you’ll understand this one right away. It’s almost a must if you have both. Many prospective homeowners also want a home with a contained area for little ones to romp, whether they have two legs or four. Another reason is to keep out any nosey neighbors if you live in a small neighborhood.

Photo by Randy Fath on Unsplash

New Doors and Windows

The more you can keep the heat in your home during winter or out during the summer, the less your utility bill will end up being. Energy-efficient doors and windows provide thermal insulation and even potential security benefits for your comfort and peace of mind. It is a simple task, but you should take time and do your own research for your area.

Security Door from Amazon

A Garage

Adding a garage lets you park inside where it is safe and comfortable, and fixing up an unfinished or broken garage can boost a home’s function and a new garage door can dramatically boost curb appeal. Raynor Door Company says, “A new garage door can cost you anywhere from $400-$3,000, depending on the type of door, but you shouldn’t let the price scare you. Instead, consider it an investment in your home because installing a new garage door has a high return on investment. In many cases, you can recoup up to 97.5 percent of the total cost of the new garage door when you sell your home.”

Electrical Appliances

Your microwave and coffee maker are probably okay as they are. However, if your big appliances are more than 10 years old, you can probably replace them with newer models whose energy efficiency will make their price very affordable. These can include your fridge, freezer, and even larger appliances such as your washer and dryer. The real savings might be in your HVAC system, and even newer dishwashers might save on water consumption.

Solar Panels

If your roof is pointed in the right direction and gets enough annual sunlight, then solar panels can realistically provide your home with clean power for 25 years or more. Even better, the financing for your panels will be flat-rate payments, whereas utility rates from power companies are probably going to go up over time.

If you’re looking for home upgrades or repairs that are worth the money, then you need to consider only a handful of ideas. All of which will help you keep your savings where you want it, in your account. You’ll improve your quality of life while living there and make the property more valuable for resale.

You might also like:

Scroll to Top