High-Cost Home Improvements That Pay For Themselves Over Time

Have you ever thought about improving your home, only to be put off by high upfront costs? Lots of home upgrades will cost a fortune to install or implement, without really bringing anything extra. On the other hand, you’ll also come across home improvements that require a big investment, yet end up paying for themselves over time. These are the improvements you should be interested in – so let’s take a peek at a few of the best ideas. 

Solar Panels

We have to start this list with solar panels as they’re the biggest home improvement with long-term value. According to Energy Sage, you’re paying anywhere between $19,000 and $30,000 to install a solar system, but the average savings over 25 years are around $50,000. 

What’s more, if you use a lot of electricity right now, then your savings will be even greater. Some homeowners end up saving over $100,000 after having solar panels for a couple of decades. It’s the gift that keeps on giving – and let’s not forget about the value solar panels add to a home. This type of renewable energy technology is very popular, with reports suggesting it adds between 3-4% to your home’s total value. 

Seamless Gutters

As the name suggests, this refers to gutters that come without any seams joining parts together. They’re just one long gutter, and while it costs a decent amount of money to install them, seamless gutters have many advantages that make them worth the investment. 

Mainly, they help you: 

1. Prevent leaks and avoid costly roofing repairs
2. Save money on gutter/roof maintenance costs
3. Add value to your home by boosting its curb appeal

It’s one of those improvements that looks like such a minor thing, yet you feel the full effects with time. The amount you save on not dealing with roofing repairs or not having to constantly clean out your gutters will more than make up for the upfront costs. 

Kitchen Remodels

Homeowners don’t look at room remodels as investments, but they should! Some rooms will certainly be better investments than others – and that brings us to kitchens. It’s pretty obvious that transforming kitchens costs a lot of money because you’re replacing big appliances, messing around with plumbing, installing costly countertop materials, etc. 

Most people opt for this remodel because they want a nicer kitchen to deal with, and that can be enough to make it a worthy investment anyway. That being said, if the cost of a kitchen renovation scares you, then you should know that upgrading this room can give a 30.7-85.7% return on investment if you sell your home. In other words, it increases your home’s resale value by enough to mean it pays for itself, and then some. 

It’s easier to pay for home improvements when you know you’re getting something out of them. You can deal with the upfront costs if it means you’re either saving loads of money or increasing your home’s value by enough to get a positive ROI. You can probably find many other home improvements that do this, but these three are some of the best.