5 Recession-Proof Home Improvements

As we know, remodeling projects can wind up being being a hornet’s nest that we wish we hadn’t disturbed. But when times get tough, Joe Tropiano can help you find solutions to make your property look better and last longer! Here are a few that ideas that can improve the look and feel of your home in uncertain economic times.

 

1. Update your Siding

Because your siding acts as a shield for the materials that is beneath it, upgrading your siding is one of the best investments you can make for your home. If you install fiber-cement siding, it will usually recover about 87% of costs in added resale value.

2. Bathroom Improvements

Even though your bathroom is one of the smallest rooms in the house, the time that you spend and the quality of your bathroom can affect you in more ways than you would think. Bathrooms also are a great way to make your home’s value go up. The average cost of a bathroom remodel is around $10,000, and the vast majority of people that have remodeled their bathrooms are happy with their choice and recommend it to others as well.

3. Inspections

Even though this is not exactly a home improvement, a home inspection is a very valuable investment in this sometimes unstable economic environment. It can also let you know of any home improvements that you should or have to make. A great example of what a fabulous investment this can be is that a chimney cleaning will only cost a little over $300, but a chimney fire could cost thousands in property damage. A home inspection will let you know what problems you need to fix, or will reassure you that your home is safe!

4. Flooring upgrades

Good flooring can make a room shine like few other things can. It can also be a great investment into any home and can make your home’s value increase as well. If you replace your floor with a more durable material, it is an especially great way to get a good return on investment. Even though carpet is the cheapest flooring option, it will only last 8 to 10 years, while natural hardwood and tile, although more expensive, can last over 100 years!

5. Small Kitchen Remodels

Similarly to bathroom upgrades, small kitchen improvements can be a safe investment. Going overboard on kitchens is unfortunately a common trend, so if you decide to update your kitchen, keep it small and focus on the things that need to be fixed for the best return on investment.