Want to get the biggest ROI possible from your next home remodeling projects? Nearly all updates will add value to your home, but some projects deliver more than others. Before you spend big bucks on a renovation, you should know which ones offer the best return on your investment.
Whether you want to sell your home down the road or just boost your property value, these home remodeling projects are sure to pay off both today and in the future:
Design a New Deck
Want to see a 75.6% ROI? Consider adding a new deck to your home. Decks increase the amount of usable outdoor living space, which is a huge plus to potential homebuyers. Of course, not all decks are equal. Be sure to design a deck that reflects your home’s style and blends in with the surrounding environment.
Choosing exotic hardwoods, installing a fire pit, and adding custom seating are all ways to increase the value of your deck. The sky is the limit when it comes to designing the perfect deck. Best of all, you’ll be able to relax with friends and family in the great outdoors for many years to come.
Replace the Front Door
The front door is one of the first things others notice about your house. It has a direct impact on your home’s curb appeal. Updating your exterior entry door will improve your property value, and you can expect a 74.9% ROI. However, not just any front door will do.
For best results, choose a style that matches your home’s architecture and color scheme. Although pricier, steel doors provide more insulation and are a deterrent to criminals. Adding other decorative details, such as sidelights, will also make your home more appealing to potential buyers.
Update the Bathroom
Yes, the rumors are true—buyers will pay top-dollar for an updated bathroom. But this doesn’t mean you need to gut the bathroom completely. Even with a minor bathroom remodel, you can expect a 102% ROI! Where should you begin? If the vanity is in good shape, consider refinishing it.
A fresh coat of paint, new mirrors, and a modern faucet are all economical ways to bring your bathroom into the current decade. Replacing dated lighting fixtures will also bring new light to the room. Even updating an older shower head with a rain shower model will boost your home value. The more your bathroom feels like a luxury spa, the better!
Get a Bigger ROI with Hometime Residential Construction
Every remodeling project is a highly personal experience. At Hometime Residential Construction, we will help you design the space of your dreams from start to finish. Our 6-step process ensures we deliver breathtaking results every time. As a full-service remodeling and residential building firm, there is no project we can’t handle. Our ability to transform any vision into reality is what sets us apart.
Ready to update your home? Connect with us online to discuss how we can get you the best ROI on your upcoming home remodeling projects.