How Best to Invest in Your Home

When planning a remodel for your New Jersey home, it’s important to use your budget wisely and get the most out of your money. But how do you decide between functional fixes like window replacements and design upgrades like hardwood floors? Most homeowners want to see their remodeling dollars at work, especially if they’re planning on listing their homes in the future. Our team at Tom Madsen has put together a remodeling list of smart, long-term investments for your home.

Home Improvement

Replacement Windows

If your funds are limited, it’s a good idea to focus your dollars on home maintenance basics that will increase resale value. If you get your home inspected, and the report reveals that your windows are ten years past due for a replacement, most buyers will be wary of that purchase. In addition to resale value, installing replacement windows can also save hundreds of dollars in heating and cooling expenses each year.

Home Systems (HVAC, Electrical, Plumbing)

HVAC systems should be replaced every 10 to 15 years because they begin to deteriorate, depending on how often you use and maintain them. Electrical and plumbing updates will substantially improve how your home functions and performs. While these might not seem like the most fun home improvement projects, they each play an important role in many other, more noticeable and exciting updates.

Roof Repair or Replacement

Home inspectors tend to start their inspections with the roof because it plays such a huge part in the home’s value. A new or updated roof has been found to offer an excellent return on investment because it greatly improves the overall “health” of a home. Also, while the roof serves an obvious function, a new roof also looks great to a prospective buyer.

Before beginning a home remodel, gather quotes to get an idea of where to focus your remodeling cash. If these home basics are in good shape, then you can turn your attention to more exciting projects like a kitchen or master bathroom overhaul. At Tom Madsen, we take home improvement to a new level. Contact us at (973) 875-9716 to receive a no-obligation quote on any construction, home improvement, or fire damage restoration service.