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There are many reasons to renovate your home, maybe the space isn’t working for you or your family or you need more storage or simply just want a change. Before you invest in remodeling, it’s worth looking at which projects offer the greatest returns for you to see the long-term benefit as well.
Kitchen Remodeling:
The Kitchen is the heart of the home. When remodeling here, don’t play it safe. Make sure you really create what you want as the wow factor is a big draw in this room. You can also expect around 80% return, making this well worth the investment.
Bathrooms:
A beautiful bathroom is a real draw for homeowners. Also, the ratio of bathrooms to bedrooms matters too. In a family home no-one wants to be scrabbling for the shared shower, so adding an extra bathroom can make your home even more livable.
Insulation:
It may not be the most glamorous or visible adjustment you can make to your home but it does have multiple benefits. Not only is it relatively cheap- around $2500 it can lower heating or AC costs making the estimated return over 100%!
New Doors:
Whether you’re seeking to make a statement with your front door or just freshen up the front of your house with a new garage door, these extra touches can make all the difference. Plus, on front door the average you’ll recoup is 80%. With garage doors unless you specifically need one that opens automatically a basic door has little impact on a homes’ appeal to consumers.
Landscaping:
Homes that look good inside and out are extra appealing to buyers and can see you reap a huge 105% investment too. Worth considering are some well-placed plants. Landscaping can really act as a facelift for a home.
New Windows:
New windows can add more light to your space and make it far more appealing to consumers. They can also insulate and reduce outdoor noise too. Vinyl windows have a slight edge on wood in terms of investment as they are more durable but it’s a matter of what suits your aesthetic best.
Appliances:
Making your home energy efficient ultimately reduces long term running costs, making them great for you and a wonderful incentive for buyers too.
A Splash of Paint:
Lastly, sometimes simple touches can have the biggest impact. A simple paint job can have a tremendous impact on the feel of your home. A clean bright fresh coat of paint can make your home appealing to others as well as for you.
