How will you be spending your tax return check this year? While some may use this windfall of cash to buy a huge flat screen TV or for a sporty boat, you may want to consider investing back into one of your largest assets: your home. Whether you are looking to stay in your house long term or plan on selling soon, updating the property’s exterior makes the home more enjoyable to live in while increasing its value.
Here are three great ways to put your tax return dollars to good use:
Siding Replacement– Fiber cement siding lasts longer than traditional stone or wood variants. It also goes a long way to keeping your home pest and rot-free, and provides much protection against fire. Meanwhile, vinyl siding is a low-cost and popular alternative. It is also low-maintenance, meaning you won’t have to spend as much to keep it in good shape.
ROI: 84.3 (fiber cement), 80.7% (vinyl)
New Gutters/Gutter Guards– New gutters or better yet, gutter guards, are a solid investment because by keeping debris out of your gutters, you won’t have to spend a small fortune every six months just to have them cleaned. Invest in gutter guards and your gutter’s maintenance needs will decrease significantly.
ROI: 83%
A New Roof– While how quickly a roof will need replacement will be determined mostly by the material it is constructed of, the typical lifespan of it is usually anywhere from 15-40 years. Although this installation could be completed by an experienced homeowner, hiring a contracting team will save you a lot of time and frustration. What might take the average homeowner weeks to complete can be done in as little as one day by a professional crew. Replacing a worn roof not only makes the home more marketable but is necessary for a safe, dry living space.
*Average ROI: 67%
Whether you expect a small or large return, contact Custom Installations to assist with your next exterior renovation. We can help put those tax return dollars to good use with a quality installation you can enjoy for years to come.