Whether you are buying or selling improving your home and touching things up is really a good way to either fall in love with your home again or spruce it up for buyers. If you’re looking at tackling some home improvement projects these of the 10 most popular renovations.
10 most popular home improvement projects:
#1. New flooring.
New flooring is one of the top things homeowners are doing to either impress buyers orc bring new life to their homes. It’s one of the most popular home improvement projects in the country and costs an average of about $3300.
#2. New plumbing.
Whether it’s just swapping out a bathroom or kitchen sink or doing a whole new bathroom remodel, plumbing fixtures are one of the top home improvement projects on America’s list. Most Americans spend an average of about $1400 on plumbing fixtures.
Our appliances never seem to take the day off and why is it that appliances seem to go out in threes? We spend an average of $600 replacing appliances in our home during a home improvement project.
#4. Windows and doors.
Weather is updating a front door with a new kickplate or just painting it, updating doors and windows costs an average of about $3500. But, the savings on energy and efficiency can definitely make up for that on the other end.
#5. Water heaters.
Tankless water heaters are becoming more efficient even though they are a little bit more expensive. We spend an average of $1000 on new water heaters every year yet it surprisingly affordable considering how much you save in utility costs.
#6. New roofs.
Roofs cost an average of about $8000 and is technically one of the most expensive home improvement projects but unfortunately, it’s also one of those things that has to be done from time to time.
#7. Landscaping and sprinkler systems.
Curb appeal is the first impression your home will make on a potential buyer so sprucing up the landscaping and installing a sprinkler system definitely gives you a good rate of return. Did you know we spend an average of $2500 on landscaping and sprinkler systems per year?
#8. Electrical updating.
Outdated or improperly installed electrical wiring can lead to a ton of accidents and hazards and because of it, we spend an average of $1500 a year on replacing or updating electrical wiring, breaker switches, and fuse boxes.
As much is Americans seem against fences and walls (no pun intended, well maybe) we seem to love our fences around our own properties. They keep kids and pets in line and deter intruders and preserve privacy. Americans spend an average of $2400 on fencing for their property each year.
#10. Heating and air-conditioning.
Over time, furnaces, heat pumps, central air, and other built-in heating and cooling equipment will fail so we want to keep up on that as a priority for our household. We spend an average of $3800 in home improvements to ensure warm winters and cool summers.
More home improvement tips
- 8 DIY Home Projects That May Not Be Worth the Money
- 5 Signs You’re Ready to Sell Your House
- How to Turn Your House into a Rental Property
- How High-End Should You Go When Remodeling?