The best home improvements for return on investment in St Louis and across the country are always a popular conversation between me and my clients. When we are in the home buying process, we never fail to talk about the return on investment for specific home improvements, like a new kitchen, refinished hardwood floors, decks etc. For the answer, I rely on trends I am seeing in the field. I also rely on the research that has been done by the professionals such as Remodeling Magazine, realtor.org, Houzz etc
Return On Investment In Home Improvements
The spread sheet below shows Remodeling Magazine’s top 5 ranking home improvements for return on investment as of February 2017. This data is specifically for midrange homes in St Louis as compared to the national averages for return on investment.
Cost vs value 2018.
Global Trends In Home Improvements
Many times it is wise to check on global trends in home improvement as well as local trends. One of the things I have learned in the real estate industry in St Louis is that the midwest is a little behind when it comes to change. Here are 5 cutting-edge home improvements that are just now being introduced into U.S. markets.
- Permeable Pavers: Permeable pavers allow the ground to absorb water directly rather than sending it into streets or down sewers. Oh yeah, less flash flooding! They are also easier to maintain and have many style options. The city of St Louis has several alleys that are now permeable.
- Seaweed Recycled Insulation: Using seaweed (a renewable resource) is a win in terms of being recyclable and providing a tight envelope for various parts of a home’s construction, (And it is in line with the best home improvement for return on investment)
- Cartridge-Fueled Fireplaces: The cartridge is easy to install and doesn’t require a gas line or electrical outlet. One option is an assembled, insulated and ventless design that uses cartridges filled with an alcohol gel that home owners light with a long butane lighter.
- Master Smart Control System: Rheem’s EconNet technology uses a home’s Wi-Fi connection to link its air conditioning heating and water management products so the home owner can control them through a single app or wall-mounted panel.
- Solar Facade: The building produces over 180% of the annual electricity consumption. This doesn’t just provide enough energy for the operation of the building but even enough for electric mobility. The energy production is achieved through building integrated pv system in the roof as well as in the facade as part of the SAF ePlus series.
Resource: Realtor Magazine
It kind of makes you want to start a project today, doesn’t it?
I am ever eager to help people buy and sell homes. Contact me at 314-503-4856