In our current real estate market, more and more homeowners are opting to “stay put” and make improvements to their homes. With that being said,  it’s important to pick home improvement projects that add value to the property. With real estate prices still in flux, value-adding projects make more sense than pleasure projects that may actually take away from the home’s overall worth.

A can of paint does not cost much more than about $30. Yet Kiplinger reports that a home with freshly painted walls provides home sellers with a hefty ROI. (Return on investment) If money is tight, make this your one top project for next year. Of course, take care not to go overboard with outlandish color schemes that are unlikely to net you a sizable return.

A steel front door is an upgrade buyers look for. It adds not only safety but also a lot of curb appeal to your home’s facade. Old-fashioned steel is still the material of choice. Fiberglass, although typically much more expensive, only nets you a 65% ROI.

When was the last time you checked on your insulation? If you live in an older home, the original insulation may no longer be in keeping with the guidelines. Adding insulation offers a full return.

Home Improvement experts also say that a kitchen remodel features an 88% ROI. Pricing the average kitchen remodel at $8,655, it makes sense to upgrade cabinets, appliances, window treatments and paint. With an average bathroom remodel cost of $9,135, the ROI is nearly that of a kitchen remodel.

Local realtors say, residential roofing is another area that can ultimately be a “deal breaker.” If your roof is in bad shape it’s a good idea to go ahead and replace it. If not, expect a low ball offer that could be $20-$30,000 under asking price. Metal roofing is also picking up steam because potential buyers know it lasts three times that of a traditional roof and that it is extremely energy efficient. Erie Construction, of Evansville, Indiana is a trusted leader in the industry and would love to show you why metal will one day dominate the industry!