5 home appliance improvement projects with the highest ROI
When discussing home improvement projects that ensure higher returns, the focus often drifts to major changes like patio building, back grade upgrading, bathroom upscaling, renovations, decor, or structural improvements. However, enhancing appliances is another salient feature that can hike the property price. Home appliances are some of the most used items in a house, and ensuring they are modern, efficient, highly functional, and up-to-date can fetch a higher return on investment (ROI).
Home appliance improvement projects that offer higher ROI
Energy-efficient appliances
Energy efficiency is a must in today’s world. Most home buyers are environmentally conscious and aware of their energy consumption. Data shows that electrical appliances, on average, consume around 14% of the total energy usage of a house. This includes stoves, ovens, refrigerators, dryers, and water heaters. Appliances that use energy efficiency also reduce utility bills and overall carbon footprint. These can include refrigerators, washing machines, and dishwashers. The easiest way to recognize an energy-efficient appliance is to look for the ENERGY STAR label. Choosing these certified appliances can be an attractive feature for eco-conscious homeowners.
Smart thermostats
Smart thermostats are intelligent temperature control systems where the thermostat recognizes homeowners’ overall heating and cooling preferences and adjusts the temperature accordingly.