So you've finally bought your very own home. But it needs some work, huh? That's OK; making changes along the way is all part of the process when you're transforming your new home into the space of your dreams.
So what comes first? Which home-improvement project will give you the best bang for your buck and give you a decent return on investment if or when you decide to sell?
Remodel magazine's Cost vs. Value report did the research. This handy guide compares the "average cost for 30 popular remodeling projects with the value those projects retain at resale in 100 U.S. markets." You can download a report specific to the region and city you live in.
We put together the top seven home-improvement tweaks that will bring the most return on investment:
Attic insulation
It might be surprising at first, but when you look into the myriad benefits, it's easy to see why attic insulation is the top home improvement for return on investment. The first major benefit is energy efficiency. A home that isn't properly insulated can cost you big time. While you can DIY attic insulation, there are potential safety hazards involved (including asbestos exposure), so if you aren't experienced in tackling large home-improvement projects, EPA's Energy Star recommends hiring a contractor. You can schedule a free in-home consultation with the Home Depot insulation unit to see how much it will cost in your home.
Job cost: $1,268
Resale value: $1,482
Cost recouped: 116.9 percent