JFC Remodeling | Blog

Home renovations are great, but when it comes to Return on Investment (ROI), some will increase your home’s value while others won’t. Typically, most home renovations will turn out an average of 70 percent ROI. By improving the quality of life in your house, home renovations can also increase the house’s overall value in the future. 

The best ROI home improvements add functional space and square footage. Some examples include basement finishing, addition projects, major landscaping, and kitchen or bathroom remodeling. Luxury upgrades for aesthetically pleasing purposes are generally not ideal for adding value to a home. 

Home improvement ROI measures a project’s financial return or profitability based on the value or gain generated from a specific investment. Moreover, most home improvements will give a partial ROI.

How to Calculate Your Home Improvement ROI

The official way to calculate home value is through an appraisal. The next best option is to calculate it with a simple formula: 

Home improvement ROI = (Net Gain from Home Improvement ÷ Cost of Home Improvement) x 100 

Divide the difference between the cost and gain, then multiply that result by 100 to get the percentage. This formula gives an estimate only; actual results vary based on several factors, including real estate market, location, project type, and timing. 

Examples of Home Renovation Projects with a Great ROI 

• HVAC Conversion/Electrification potential ROI: 103 percent
• Garage Door Replacement potential ROI: 103 percent
• House Siding with Stone Veneer replacement potential ROI: 102 percent
• Entry (steel) Door replacement ROI: 101 percent
• Vinyl Siding potential ROI: 95 percent 
• Fiber-Cement Siding replacement potential ROI: 89 percent
• Mid-range Basic Kitchen Remodel potential ROI: 86 percent
• Vinyl Window replacement potential ROI: 69 percent 
• Mid-range Bathroom Remodel potential ROI: 67 percent 
• Wood Window replacement potential ROI: 61 percent 

Another thing to consider when determining home improvement projects based on ROI: short- and long-term value. Adding a functional space with extra square footage or upgrading appliances are valuable enhancements that can stand the test of time. On the other hand, surface-level updates will add only short-term value because they will likely be out of style in 20 years (think shag carpeting, white laminate cabinets, etc.) Consider if you’re likely to move soon, and remember how trends change before you make any major renovations.    

Ready to add value to your home? Call the pros at JFC Remodeling!

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JFC Remodeling is committed to providing top-quality home reconstruction services to clients throughout Livingston County. With over 30 years of experience in the industry, our licensed contractors create unique, individualized, and polished renovations. Whether the site requires an improvement, repair, or is a new construction, you can trust our experts to deliver remarkable results. Call or email us to learn more.

Written by the digital marketing team at Creative Programs & Systems: https://www.cpsmi.com/ 

Remodeling your kitchen may seem overwhelming, and the options for you to choose from may add to this daunting sense. Before you get started, keep in mind the primary functions of your kitchen: to cook, to eat and drink, to store food and supplies, and fellowship. Determine what you must have (storage, a double sink, etc.) and what you want (a work desk, a super-sized island for making noodles.) A great remodel job incorporates functionality with an appealing design that feeds the aesthetic taste of most individuals.

Pay attention to how things will blend together, from the lighting to the flooring, and showcase certain select details that will unearth your style. Read on to learn some tips for making your kitchen remodel a success:

Function
How will your kitchen function? Will it be more of a culinary area with a few bar stools, or will there be more of a seating area? If a dining room is also a part of your floor plan, ensure your layout between both spaces is complementary rather than incongruent. 

Storage
Added storage is a must in kitchen design. Extra plates and small appliances can be hidden under drawers and cabinets, and pantry items can be stored behind doors. Large drawers can be placed at a lower level to help with access, and pull-out drawers are great for heavy or bulkier items. 

Cabinets
From transparent glass-front to opaque solid wood, cabinets are a crucial part of kitchen design. If you have some fine china to display or, rather, grubby little handprints you want to be less-noticeable, consider all the pros and cons when choosing.  

Lighting
The latest lighting trend includes a mix of styles such as pendants, chandeliers, or recessed lights. All of these options – and more – provide different settings based on mood and functionality. Consider under-cabinet lighting for more accessibility. 

Hardware
Brass, silver, chrome, brushed stainless, etc., are all common finishes in a kitchen design. Matte black can be striking and bold, while warm-toned metals such as gold can be inviting. Ensure your hardware matches the faucets so everything is consistent. 

Countertops
While white marble is difficult to maintain, stainless steel can bow or scratch. Quartz is durable, and granite can withstand high heat. Natural stone can contrast with quartz, as well. The options are endless, but with so many selections come different advantages and disadvantages. Be aware of what each countertop can withstand before making a final decision. 

Flooring
The latest trend is to use the same flooring as the surrounding living area to create a more open feel. Carpeting, however, is not sought after in kitchens, so be mindful of how your new floor will connect with the surrounding area. 

Thinking of remodeling your kitchen? Look no farther; JFC Remodeling specializes in home renovations of all types!

JFC Remodeling is committed to providing top-quality home reconstruction services to clients throughout Livingston County. With over 30 years of experience in the industry, our licensed contractors create unique, individualized, and polished renovations. Whether the site requires an improvement, repair, or is a new construction, you can trust our experts to deliver remarkable results. Call or email us to learn more.

Written by the digital marketing team at Creative Programs & Systems: https://www.cpsmi.com/ 

The Inflation Reduction Act (IRA), signed into law by President Joe Biden, is a legislative collection of documents designed to diminish climate change, reduce the federal deficit, lower costs for families, and raise taxes on large corporations. 

While taxes and healthcare are important, the renewable energy sector is poised for growth through homeowners looking to remodel or improve their space. Home improvement and remodeling industries will see specific clean and renewable energy tax provisions as outlined by the IRA for the next ten or more years.

Energy-Efficient Home Improvement Credit
The Nonbusiness Energy Property Credit (NEPC), which expired at the end of 2021, will be revitalized and renamed the Energy-Efficient Home Improvement Credit (EEHIC). The EEHIC will offer homeowners higher tax incentives for qualifying home improvements, including energy-efficient appliances, insulation, windows, doors, roofing, etc. The credit will be up to 30 percent of all eligible home improvement costs made during the year, with a $1,200 annual limit. 

After 2024, EEHIC credits will only be allowed if the product manufacturer creates a specialized identification code, which the taxpayer claims by using that code on their federal tax return.

Residential Clean Energy Credit
Another revitalized tax credit under the IRA is the Residential Energy Efficient Property Credit (REEPC), now renamed the Residential Clean Energy Credit (RCEC). The RCEC gives a 30 percent credit for installing qualifying green-energy systems such as solar, wind, geothermal, biomass, or fuel cell power for heat, air conditioning, electricity, and more.

High-Efficiency Electric Home Rebates
The IRA offers a High-Efficiency Electric Home Rebate Program aimed at lower- and middle-income families. Potential buyers who make 80 percent or less of their area’s residential median income can qualify for a wide range of tax rebates for water heaters, area heating or cooling, stove tops, breaker box upgrades, insulation, electric wiring, etc. A few stipulations do exist, though, which include the percentage ratio between the cost and the family’s income, the total amount of rebates, and more. 

Are you looking to update your home or office to be more environmentally friendly and energy efficient? Call JFC remodeling to help lower your carbon footprint. 

JFC Remodeling is committed to providing top-quality home reconstruction services to clients throughout Livingston County. With over 30 years of experience in the industry, our licensed contractors create unique, individualized, and polished renovations. Whether the site requires an improvement, repair, or is a new construction, you can trust our experts to deliver remarkable results. Call or email us to learn more.

Written by the digital marketing team at Creative Programs & Systems: https://www.cpsmi.com/ 

The average kitchen remodeling project can take anywhere from three to six months to finish. More significant kitchen remodels can take longer, sometimes more than a year. These estimates range in duration depending on the overall scope of the renovation. 

Kitchen remodels involve changes in plumbing, electrical wiring, new appliances, cabinets, countertops, backsplash, floor plans, and more. The overall timeline can shift contingent on the project’s overall complexity. 

Organization is vital to ensure a kitchen remodel goes smoothly and efficiently. Creating a concise, accurate budget, ordering materials and products in advance, and confirming the specifics prior to demolition is imperative. 

While planning can be tedious, the end result will yield a timely remodel. It takes roughly a month of planning with the architect, interior designer, and contractor to prepare before demolition. Materials will need to be ordered, and global shipping is still suffering delays due to Covid-19, which is one reason the project needs to be planned accordingly.

Kitchen remodels are much more complex than a typical remodel due to all of the different moving parts. Specific design features and color schemes can take time to plan, order, and install. 

Generally, kitchen remodeling timelines can be summarized as follows:

1. Envision and set goals
2. Create a budget
3. Find a contractor and designer
4. Apply for building permits
5. Order all appliances, cabinets, tiling, etc. 
6. Start demolition
7. Begin rough-in plumbing and electrical
8. Install drywall and flooring
9. Mount cabinets, countertops, appliances, backsplash, fixtures, etc.

There are countless aspects to a kitchen remodel, and to keep the stress level down; it’s imperative to set aside the time to properly plan and gather information before setting expectations.

If you or someone you know is looking for a kitchen remodel, contact the experts at JFC Remodeling today.

JFC Remodeling is committed to providing top-quality home reconstruction services to clients throughout Livingston County. With over 30 years of experience in the industry, our licensed contractors create unique, individualized, and polished renovations. Whether the site requires an improvement, repair, or is a new construction, you can trust our experts to deliver remarkable results. Call or email us to learn more.

Written by the digital marketing team at Creative Programs & Systems: https://www.cpsmi.com/ 

Make sure your home can adapt to climate change before it succumbs to the dangers of global warming and climatic variations. A recent report by First Street Foundation found that 8.1 million U.S. residents are expected to undergo temperatures as high as 125 degrees Fahrenheit by 2023. By 2053, more than 107.6 million Americans could live in an extreme heat belt. 

With climate change comes more natural disasters, such as hurricanes, which cause severe damage to homes through high winds and flooding. One in three homeowners has already experienced dealing with repairing the damage done by extreme weather or other climate change issues. Still, only 40 percent have been proactive enough to guard themselves and their homes against future damage.

Keep reading to discover some tips to help your home withstand climate change and severe weather events. Protect yourself and your family from harm by adapting some of the ideas below.

Extreme Heat
Too much heat and humidity can actually cause mold and warping of wood floors, which is extremely costly to remedy.  To protect your house from extreme heat, upgrade your insulation to the most efficient type on the market: spray-foam insulation. Then, upgrade your windows with double- and triple-panes, which offer superior protection than single-paned. Siding should also be considered since stucco is sturdier than vinyl in high temperatures. Upgrade your HVAC system or install a whole-home dehumidifier to help reduce humidity and keep costs down. Lastly, add ventilation fans in your attic to ensure adequate air exchange.

Hurricanes
Giving your house a double whammy with severe wind and extreme flooding, hurricanes are natural disasters of high magnitude and should not be taken lightly. Ensure your roof is tightly secured without loose shingles or weak spots. Metal roofs are safer than shingles for hurricanes but are more expensive. Installing storm shutters and doors is imperative to protect your home from hurricanes. Broken glass can cause a lot of damage. Consider upgrading your garage door to a storm-rated type, which is double-reinforced. Finally, remove all dead trees and plant new trees far away from your house to prevent potential future damage.  

Floods
Houses in low-lying areas are especially susceptible to flooding, and climate change is causing an increasing amount of ice to melt, resulting in more Earthly water. Investing in a sump pump and flood vents is one of the most important things a homeowner can do to protect it from flood damage. Sump pumps remove excess water, and flood vents prevent hydrostatic pressure buildup. If you live in an area that loses power often or is prone to storms, invest in a whole-home standby generator to ensure your sump pump and other imperative appliances continue to work through outages. Seal basement walls every few years to keep water out and protect the home from major storms. 

Interested in making some upgrades to your home? Contact JFC Remodeling for a free estimate today!

JFC Remodeling is committed to providing top-quality home reconstruction services to clients throughout Livingston County. With over 30 years of experience in the industry, our licensed contractors create unique, individualized, and polished renovations. Whether the site requires an improvement, repair, or is a new construction, you can trust our experts to deliver remarkable results. Call or email us to learn more.

Written by the digital marketing team at Creative Programs & Systems: https://www.cpsmi.com/