Cost VS Value Of MN Home Improvements
MN Home Improvement Cost VS Value
If you are considering hiring a MN home improvement company like VanVleet Construction for any of your upcoming remodeling projects, there is a few things to consider first. This page contains, what we believe to be some important information for you to consider before taking the first step of hiring a MN remodeling contractor.
Because of our MN housing market, hiring a MN home improvement contractor isn’t what it used to be and remodeling your home doesn’t have the same financial return as it did 20 years ago. Every year the Cost VS. Value Report (CVV) is released by Remodeling Magazine. It is a remodeling industry survey compiled of data across the U.S. that compares home improvement job costs with Realtor perceptions of what those home improvements can bring to a homes resale value. While not all remodeling projects should be started with the idea of improving a homes resale- it is good to always keep in mind the financial value and enjoyment value of what you are paying for.
Our MN home improvement customers understand that there are enjoyment gains that need to be calculated against financial expenses when doing any cost vs value comparisons on a MN home improvement. Certain improvements to your home can show very little return from a resale perspective. But almost all remodeling projects have enjoyment value that can outweigh the financial loss at resale or often become a incentive for potential buyers to purchase your MN home.
MN Home Improvement CVV Report Missed These Two Categories
Two categories that Remodeling Magazine leaves out of the cost vs value (CVV) report that are worth noting are “enjoyment value” and “energy efficiency value”. These two are left out because Remodeling Magazines CVV Report is built in relation to immediate financial gains and losses of a home improvement project only. We believe that even if you are thinking about selling your home in the near or distant future (1-10 years), you would be wise to have that MN home improvement project completed sooner than later to reap the rewards of enjoyment value and energy efficiency value before you sell. Home improvements designed around functionality, affordability, and energy efficiency should always improve on a homes value. Using home improvement products with transferable lifetime warranties are also a wise decision so that your homes new owner won’t be left out in the cold.
Are you considering a minor Minneapolis, MN kitchen remodel, attic insulation or replacement windows? We suggest you get it done and enjoy! You’ve probably made a good decision when you compare enjoyment value and possible energy savings against a 2016 cost vs value report. All of these projects rank very high on the resale of your MN home and likewise offer great enjoyment value as well! You Win!
How about adding a new composite deck or a family room addition in MN? Well, as far as Remodeling Magazine is concerned, you can prepare to lose big upon the re-sale of your home in Minneapolis, MN. Though both of these projects can add a great deal of functionality and enjoyment reward to any home, they both rank very low on the 2016 cost vs value report. If resale is your only deciding factor on these home improvements- the experts say to stay away.
Enjoyment Value of a MN Home Improvement
All home improvement projects have enjoyment value. That’s why we call them home improvements. No matter how big or small your home improvement project is, it will generally be geared towards offering you some sort of enjoyment. Varying remodeling projects such as insulating your attic, replacement windows, roof replacement or remodeling your MN bathroom, offer a level of gratification and enjoyment that can and will be felt upon completion. Whether it be energy savings, a beautifully tiled floor under your feet or a elegantly updated and functional bathroom remodeling project in Minneapolis, MN. That gratification has a value that is hard to put a price on. It’s that feeling you get when you come home from a hard days work to a space you can really enjoy. That is the feeling that VanVleet Construction’s MN home improvement company strives to achieve in all of our Minneapolis, MN and Twin Cities home improvement projects. That simple, yet important goal of ours in addition to our exemplary attention to details and dedication to turning your MN home improvement ideas into a reality is what sets us apart from so many other Twin Cities home improvement companies.
Energy Efficiency Value of Home Improvements in MN
With today’s rising energy prices, energy efficiency gains of certain projects and a homes impact on our environment is more important than ever before. Energy efficient home improvements don’t have to be expensive in order to make a positive impact on both our environment and your pocketbook. Something as simple as sealing up air leaks in your home is a good start to improving your homes energy consumption. Below is a list of energy saving projects that you should see a good return on in both resale and energy savings.
- Seal up drafty areas of your home. Such as- around your homes foundation, windows, doors and exterior wall switch and outlet boxes.
- Insulate your attic to code or beyond. According to the CVV report insulating your attic offers a 95.3% financial return on your investment upon resale. Adding insulation also offers amazing energy savings along with possible energy star rebates in your area! Adding insulation to your MN attic is one of those projects that should be done sooner than later.
- Install energy star replacement windows. This can greatly increase your homes energy efficiency along with adding curb appeal and value to your home.
- Insulated siding products. When having replacement siding installed, it is a great idea to inquire with your siding contractor about any insulated options they might have.
- Installation of Storm Windows. Storm Windows are reasonably priced and can drastically reduce your heating and cooling costs.
- Clean and seal leaky forced air duct work. A large percentage of your homes heating and cooling air might be getting lost due to poorly sealed duct work.
- Install energy star doors. Not only do they give your home a more inviting entrance. – Energy Star rated doors are built to perform against the elements, saving you money.
- Install energy efficient light bulbs. Doesn’t get any easier than that.
- Install weather stripping and insulation on attic doors. We pay close attention to the attic doors because this is the number one air leak spot in most unconditioned spaces.
- Install a programmable thermostat. This can pay for itself in one heating or cooling season.
Call 651-315-9131 For Twin Cities Home Improvements.
Look to the MN home improvement experts at VanVleet Construction to get more enjoyment and energy efficiency value for your money today. If it’s a bathroom remodel, a roof replacement, a handyman service or anything in between a VanVleet Construction representative will happily meet with you for a free no obligation estimate. Let us show you what your MN home can be.
VanVleet Construction, a Minneapolis Based, MN Home Improvement Company.
Looking for MN Home Improvements? Call Us At 651-315-9131 For Your Free Home Improvement Estimate.
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