Top 10 Home Improvements to Tackle this Year, Plus their Costs –
Smart renovation projects can increase the comfort, ease of use and value of your home. These are the top ten renovation projects for the summer, along with their costs, benefits and return on investment.
- Adding a terrace
Terraces and patios are lifestyle enhancements that can make your summer much more enjoyable, whether you want to relax in the evening or entertain your friends at the weekend.
A wooden deck costs between $7.50 and $12.50 per square foot installed, depending on the level of design development and the quality of accessories such as ladders, ramps and posts. Composite decks can cost up to $21.50 per square meter.
Patios start at about $4.00 per square foot for installed concrete slabs and range from $15.50 for thick paving stones laid in an attractive pattern.
Wooden decks create up to 71% of their value according to the national statistics we will quote in this post. The work takes between a few days and a week or more, depending on the size of the project.
- Renovation of the old roof
An old roof is subject to wind load and then to leakage, which leads to mildew, water damage and expensive repairs. Replacing old shingles will protect your home and help improve its appeal!
Summer is an ideal time to replace your roof, as the work requires several days of uninterrupted warm and dry weather. Professional roofers can usually get the job done in two or more days, depending on the size of the roof. Add a day if you have to tear the old roof off.
A replacement roof costs an average of $4 to $7.50 per square meter of newly installed asphalt shingles, depending on the complexity of your roof and the location of your house.
A new roof increases the value of your house by about 65-70% of its value, and it will still need to be replaced regularly. It’s a great kick in the ass!
- Installation of fences on the construction site
A wooden fence adds extra charm, while a PVC privacy fence helps you enjoy your garden. – These are just two of the many fences available in wood, metal and plastic. The soil is dry and easy to work in summer. However, if you have clay soil, a powerful excavator is very useful. Most fences can be installed with pre-assembled panels in 1 to 3 days.
The cost of the fence varies from approximately $8.00 per post and per split rail fence to over $30.00 per linear foot for an installed steel or PVC fake stone fence. The higher and closer the fence, the higher the cost. Even if the return on investment is not measured statistically, an attractive closure certainly makes a house more pleasant and easier to sell.
- Replacing your home side
Are you tired of peeling off the paint on the outside of your house? If this is the case, it is time to consider installing the right side instead of repainting it.
Siding is not only aesthetically pleasing, it can also protect your home from the elements, moisture and insects. When the weather is good, it is a good idea to install or replace the siding to keep the siding dry and to ensure that the work, which for most single-family houses takes less than a week, is completed on time.
Vinyl siding costs an average of $7.50 to $12.50 per square meter; fiber cement siding can cost about 20 to 30% more than vinyl and must be installed by experienced professionals. One of the advantages of fibro-cement over the cheaper vinyl coating is that it does not melt when exposed to extreme heat from the sun, for example. For example, with occasional sunglasses from a nearby window or your veranda/extra windows that direct sunlight to certain areas of the outside of your home. The yield of a new coating is attractive at 76%. If you choose fabricated veneer on part of the house, this option can have a return on investment of almost 90%!
- Increasing and improving roof insulation
This one is not as exciting as the others, unless you like the energy savings and fantastic return on investment in your home. The cost of attic insulation varies between $1.50 and $3.00. The amount you add depends on the thickness of the layer you add and how much you need for your climate. Most of the work can be done in a day or two.
In exchange for your investment in attic insulation, you can save up to 15% on your energy bill as of this summer. Make sure the door and window frames are properly sealed to prevent unwanted air leakage. In addition, poorly fitting doors and windows should be fitted with sealing strips to save even more energy.
- Installation of an outdoor kitchen
It’s a great addition to your outdoor lifestyle that can be used all year round in certain climates, especially in summer when it’s time to go outdoors.
A simple outdoor kitchen costs between $15,000 and $25,000 and can yield a return of almost 200% if you buy the right house! Modernized outdoor kitchens, which range in price from $50,000 to $100,000, generate about 80 to 100 percent of revenue, depending on installation and suitability.
- Construction of a house extension
Many homeowners dream of a long-awaited master suite (up to 65% return on investment) or a two-storey addition (71%) for bedrooms and an extra bathroom. Summer is the perfect time for these great improvements, because you can plan to go on holiday during the loudest sound of chainsaws, nail guns and hammers.
The average cost of a master or family room is $80,000 to $120,000. A two-storey extension can be purchased for an average price of $140,000 to $200,000.
- Garage door and front door replacement
These are two of the best summer house renovations in terms of yield, as they drastically improve the appearance of your home. They can also help improve the safety and insulation of your home.
The average cost of a garage door is $1,800 to $3,500 with a return on investment of 77% to 85%; your new entrance door will cost $950 to $3,000 with a return on investment of 85% to 91%!
- Replacement of old windows
Windows are expensive, but old windows can be very expensive in terms of energy efficiency. A house with old, poorly installed, draughty windows can be susceptible to moisture penetration and water damage caused by wind gusts.
The cost of a replacement window depends on the type of window, material, glazing, additional equipment and size. Below you will find an overview of the established cost series per window for the most common types of replacement windows:
- Single hung windows : $400-$650
- Double hung windows: $475-$825
- Sliding and sliding windows : $500-$750
- Casement and awning windows : $650-$1,150
- Fixed and switched to the Windows operating system : $500-$1,500
- Bay and curved windows : $850-$2,500
Most windows add around 65-74% to their value relative to their cost. Very expensive windows have a lower efficiency.
- Restoration or replacement of the driveway
Laying fresh asphalt on your driveway or tearing down your old driveway to make a brand new one will make your home look great. The warm, dry summer weather is a good time to carry out this first-class renovation, which offers an efficiency of 60 to 100% depending on the materials used. The more expensive the trip, the lower the return on investment.
Cost of access roads :
- The cost of asphalt rehabilitation is $2.75 to $4.50 per square metre.
- Cost of the new asphalt tour: 4 to 5 dollars per square meter.
- Cost for removing and replacing asphalt: $7.50-9.50 per square meter.
- Cost of a new concrete driveway: $6.50 to $8.50 per square meter.
- Removal and replacement of a concrete walkway: $10.50-16.00 per square meter.
- Cost of a new stone driveway: 12.50-$20.00 per square meter.
- Paving stone replacement for concrete or asphalt driveways: $15,50-$24.00 per square foot
Your best summer house renovation project
Which renovation project will help you improve your lifestyle and make your home as pleasant as possible this summer? Remember the general rule of thumb that modest expenditure on a project gives a higher rate of return than generous expenditure. But it’s your house, so make it your castle if you want!
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