If you’re looking to add value to your home, either to make it better fit your needs or because you have plans to sell it, then you don’t want to invest money in a home remodeling project that has a low return on investment. . However, determining which remodeling projects will bring the most bang for your buck can be challenging, especially if you’re on a budget!
In recent years, there’s been a resurgence of homeowners looking for ways to give their home a new look, but not all upgrades have ROI worth talking about. Here are some of the best home remodeling projects to get a high return on investment.
Landscaping – Although not really a construction-type home remodeling project, research has shown that yards where grass is well-maintained and logically laid out can make a world of difference in your home’s curb appeal, and ultimately therefore, how much can it increase. the equity in your home.
New Roof – Want up to 105% ROI on a home remodeling project? Then talk to your local roofer about improving your home’s roof. While a new roof may not be the sexiest home remodeling project, it is one that packs a punch!
· Hardwood Floors – These also provide a great return on investment; in fact, it’s almost a 100% return on investment; maybe more so if you decide to do the job yourself, or if you discover that under those old rugs are beautiful hardwoods just waiting to be refinished. .
Patio or Deck: Enhance your living and entertainment space while increasing the value of your home. Choose building materials known for their longevity and get more value for your investment.
Doors – From upgrading your front door to a more secure option like a steel front door, to replacing outdated garage doors with newer ones with better features and more insulation, improving the quality of your home’s doors can have a significant increase in value. from your home
· Kitchen Remodel: A minor kitchen remodel, such as new countertops or cabinets, can improve the resale value of your home by up to 80%.
Bathroom remodels: This is a great way to recoup a solid ROI. A home remodel that involves updating a bathroom with new fixtures, lighting, and vanity, or perhaps adding a new bathroom to the home’s design, is a great way to improve your home’s resale value and living space. However, you should keep in mind that you don’t want to make big changes, as they can sometimes have a negative effect or not have as high a ROI.
Remodeling one’s home can be a fun project, whether you’re doing it to improve resale value or simply to make your home better fit your needs. If you have questions about how to improve your home’s resale value, now is the time to speak with a local home remodeling team and start crafting a home design that works for your needs and budget.