What's the Best Remodel to Raise My Home's Value?
Remodeling your home doesn’t always guarantee an increase in value. Therefore, you need to consider the cost of the renovation vs. the value it will bring to ensure you get a good return on investment. You need to keep your prospective clients in mind when doing any remodeling project to increase the chances of getting a higher sale price.
Improving insulation
Most home buyers are prioritizing energy efficiency when looking for homes and that makes this one of the best remodeling projects to start. Making such changes is less costly because you don’t need complex systems. Invest in energy-efficient windows and doors, and seal all cracks that may be showing.
Kitchen remodeling
A kitchen remodel is a good project but you need to ensure the kitchen matches the rest of the house. The size and design of the kitchen should match the quality of the home. Don’t make a huge kitchen with exquisite style when the rest of the house is old school. Simple renovations like painting and installing energy-efficient appliances can go a long way.
Bathroom addition
Adding a new bathroom or updating the ones you already have can give you up to 80% profit. Look for spaces that you don’t use in the home and turn them into a new bathroom. Alternatively, you can expand your bathroom and install new accessories. A spacious bathroom with new and useful accessories will get you the value increase you want.
Finishing the basement
Instead of letting the basement stay as wasted space, finish it to create a new room in the home. It can be used as a family room, spare bedroom, kid’s playroom, or even an office. Make sure you include all the important amenities like a bathroom or even a mini kitchen. You also need to invest in large windows to allow natural light so the room doesn’t feel cramped.
If you need help preparing your home for sale, Lapis Design Partners can help you with renovations that are guaranteed to increase value. Whether you want to add a garage, replace the roof, or build a deck, this company will help you achieve your target. It all starts with understanding your targeted buyers.
