Home renovations add up quickly and can be very costly, so it is important to consider which home upgrades will bring you the greatest return on your investment.
Known as the heart of any home, upgrading a home’s kitchen is where you want to start. On average, a kitchen renovation will return up to anywhere from 75% to over 100% of your investment. With this in mind, be sure to avoid overdoing it by investing in deluxe kitchens. A good rule of thumb to follow is to never make your kitchen fancier than the rest of the house. When approaching a kitchen renovation, think simple. Fresh paint, modern cabinetry and new appliances will significantly increase the value of your home on the market.
If you’ve ever had to wait to use the bathroom, you know how valuable having multiple in a home really is. Before remodeling a current bathroom in your home, consider using your investment to build another one. Closets or small spaces are great areas that can be created into a half-bath. Upgrades or additional bathrooms will on average return any investment and increase the resale value of your home.
It is extremely important to not skip over the small stuff when planning renovations. It is very easy to choose a kitchen renovation over insulating the attic, as it is a larger visual change. However, homebuyers will not be able to get past a leaking roof, no matter how extraordinary the kitchen may be. Investing a couple of hundred of dollars in these fixes will bring back a return of thousands.
Are planning to renovate? At Dan Clayton homes, we understand the importance of details and love helping people create the house they have always dreamed of. Contact us today and let bring your ideas to a reality!