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Direct added value to your home:
Finish out unfinished living areas
Upgrades to bathroom and kitchen
Add additional living area
All other items completed to home have negligible value added benifits in terms of Apprasial added value.
As a roofing contractor, of course I am going to suggest an upgrade to your roofing system. And that's not just a biased opinion either. Working with a lot of realtors in our area it has been proven that the roof can be as much as 40% of your curb appeal. Especially when the system incudes things like the right color drip edge on the rakes and eaves, and high profile ridge caps. Both of those items are relatively inexpensive and can make a very noticibale difference compared to homes that don't have them. Selecting the proper type of shingle of course also plays a huge role. About 95% of re-roofs these days use a standard architectural tpye compositions shingle but picking something from the designer line can realy make your home stand apart. Then again, other rof covering options besides ashphalt shingles can make an even greater impact.
As a GAF Master Elite Copntractor, we are partial to their line of products and I have included a link below to their designer apshpalt series.
I agree with Chris. The Cost vs Value report is the "go to" guide and is impartial. Personally, I like to focus on first impressions and curb appeal. Exterior dressings like corwn mouldings and simple shrub pruning is a great low cost way to give the home a wow factor.
Check out the 2018 Cost vs Value Report from Remodeling Magazine.
This will give you an idea of the average return on your investment in the region where you live.
The one factor it will not give you is number of intangibles you may receive from the project you're considering.
Make sure those are also part of your equation before making a final decision on the impact a remodeling project may make on the "value" of your home.
When you are looking for a professional contractor to successfully bring your home remodeling project to life, you need to make sure you do your homework.
Below are 6 things to consider before hiring a contractor:
1.What is their track record? How long have they been working in the area?
Check out the home remodeling companies you are considering on the Better Business Bureau’s website as well as other sites like Angie’s List. Read testimonials on review websites and look over company websites for portfolios and comments from past clients.
2.What are their credentials? Are they licensed? Bonded? Insured?
States set their own requirements about licenses, but most states have an agency that homeowners can contact to confirm a contractor’s license and credentials. Ask for proof of bonding to make sure your contractor is current on his/her credentials. Insurance puts the liability on the contractor if something goes wrong during the project. Not all insurance is created equal, make sure to ask for a copy of their insurance certificate to verify they have General Liability, Workers’ Compensation, and Auto coverages.
3.Do they have references? Will they provide you with a past client list?
Use a past client list to talk with the people your client has worked with before. Ask them if the contractor delivered what was promised on time and at the agreed upon budget. Also ask about how easy or difficult it was to communicate with the contractor.
4.How will they communicate with you? How do you reach them after hours?
Make sure you agree on how you will communicate with your contractor and if you need weekly in person meetings to get your questions answered.
5.Will they be getting all the required building permits for the project?
While the homeowner pays the cost of the building permits, the contractor should be the one responsible for obtaining the permits.
6.How will the payment schedule be arranged?
For replacement work never pay the entire amount before the project starts. Payment schedules vary from company to company, but there is usually a deposit and payment installments based on certain stages of completion.
Just as you are asking questions about your contractor, your contractor will be asking questions about you and your home remodeling project. It is important that you are aware of the questions your contractor should NOT be asking you.
Sometimes a contractor is trying to find out information about a project, but he/she may phrase questions in a way that makes the homeowner feel uncomfortable.
Listed below are some questions your contractor should NOT ask you:
1.Are you widowed?
2.Do you have money in your savings account?
3.How much money do you make?
4.Will you be alone when I arrive?
5.What is your credit score?
6.May I see your other bids before I present mine?
In Angie Hicks’s article, “3 Questions Your Contractor Shouldn’t Ask,” from Angie’s List she explains how home improvement contractors can be more tactful when they request information from clients.
Check out the article here: https://www.angieslist.com/articles/3-questions-your-contractor-shouldnt-ask.htm
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