Despite what the weather might suggest, spring is right around the corner, inspiring lots of families to start thinking about ambitious interior and exterior home improvement projects. In anticipation of the coming renovation and installation season, many home shows are starting all over the country. These exhibitions feature an array of product vendors and professionals, so homeowners can check out the newest trends and meet the experts who can bring those ideas to life. But how can our local homeowners make the most of The Times Union Home Expo?

If you own a home, adding value through home improvement projects is always a key goal. However, it can often feel like a pipedream to get everything on your wish-list done, due to budget and time restraints. By being strategic about remodeling projects, you can drastically improve the value of your home without having to tick off every box on your list. When considering cost versus value, there’s a few key areas and rooms to focus on that will give you the most ROI towards increasing your home’s value.

Replacing Doors: Front Entry and Garage
First impressions matter, and extending your curb appeal to the front door is key. Changing out the front door can have a huge impact on your resale value with one of the biggest ROIs in our list. In 2016, entry door replacements cost around $1300 and had a resale value of around $1200, recouping 90% of their cost. Garage doors also had high recoup costs from their initial investments, costing around $1700 to replace and adding around $1500 to the overall resale value.

Mind the Gap Above: Attic Insulation
When talking about getting the most for your remodel, improving the attic space should be moved to the top of your priority list. Adding fiberglass insulation cost homeowners around $1250 in 2016 but contributed $1450 to the resale value of the home. That’s a 117% recoup of the cost. Plus, adding the insulation will help lower your overall heating and cooling costs with air no longer escaping through the attic. Often overlooked in favor of parts of the home that can be immediately accessed, it’s clear that the space above counts as much as the living areas.

When in Doubt, Stick to the Kitchen 
Is your house in dire need of both an additional bathroom and a kitchen that isn’t stuck in another decade? Always choose to do the kitchen first. Not only does it have a higher recoup percentage, the key deciding factor lies in buyer perception. Potential buyers will overestimate how much a kitchen remodel will cost if they walk into a house that doesn’t have an updated kitchen. This will cause them to put in a much lower bid. Better to put in the work yourself and let the buyer’s overestimation of costs work in your favor.

By the way, the average cost of a minor kitchen remodel in 2016? $20,000. Smart homeowners can get that price lower. With a recoup cost percentage of 83%, taking the time to improve your kitchen is well worth it. Plus, who doesn’t love preparing Saturday brunch on a brand new quartz-topped island?

While it can be scary or intimidating trying to figure out where your money is best spent, sticking to remodeling projects in these key areas will drastically improve your home’s value and recoup most of the cost of the project at the same time.

The Home Expo takes over the Times Union Center February 10-12, 2017. With hundreds of home improvement experts ready to help with your next project, it’s a must attend event for Albany Home Owners! Don’t have Tickets yet?

FRIDAY ONLY – SPECIAL DISCOUNT
$5.00 Adults (online or at the door)
FREE Children ages 14 and under accompanied by a paying adult.

SATURDAY OR SUNDAY

$8.00 Adults (online only – SAVE $2.00)
$10.00 Adults (at the door)
FREE Children ages 14 and under accompanied by a paying adult.

WEEKEND PASS

$14.00 – Includes all 3 days.

Where are my tickets? I’m unable to find my e-ticket!

Click here for instructions on how to find your e-ticket for the event.

 

Stay Tuned for more Adventures in Styleland..

XOXO
Michele Conti

Thank you to our sponsors and partners

Exhibitors Information