When you decide to undertake a remodeling project, your primary goal will probably be to increase the beauty or utility of whatever space you are improving. Your family’s needs may be shifting in a way that necessitates a home-improvement project, or maybe it is simply time to upgrade a home you have lived in for so many years.
But there is another side to remodeling projects, and that is how to add value to your home. Keep reading to learn about a few remodeling projects that increase home value and will start to pay for themselves in the future, including:
- Kitchen Renovation
- Bathroom Renovation
- Basement Conversion
- Home Additions
Your kitchen is one of the most valuable selling points, should you ever put your home on the market. Outdated kitchens are often used as bargaining chips for buyers, which makes this one of the most effective remodeling projects that increase home value.
When you upgrade your kitchen, think of using the best materials for the countertops, updating the lighting system, and improving the appliances. A state-of-the-art stove, for instance, can go a long way, and stainless steel appliances have been a favorite for many years.
We provide a variety of kitchen remodeling services which all help not only increase value but also transform the feel of your home.
Bathrooms are another key factor in a home’s value. If you have an old pink or lime green bathroom, a renovation might be in order. However, beautiful vintage details can be powerful selling points, with some buyers even actively seeking them out. Contact a remodeling professional such as Square Deal Remodeling to discuss your options. You might be able to save some details from the original bath and integrate them into the remodeled bathroom.
If at all possible, see if you can add a full or half-bathroom to your home. This upgrade is one of the single most efficient ways to boost your home’s overall value.
If your basement has a high enough ceiling (80” ceiling height minimum), consider converting it into another room. Make sure that your design includes a closet and the room is heated, since heated space will actually add to the overall square footage of your home. And not only can you use the closet for storage, but the room will automatically become a legal bedroom in the eyes of the real estate industry.
Keep in mind an egress window is required by code in any new basement bedroom to allow escape in the case of a fire. Even if you plan to use the room as an office (or a man cave), it will enhance your home’s value as an extra bedroom.
Certain home additions can be very beneficial, especially in conjunction with a kitchen or bath remodel. For maximum value, make sure the space is heated and designed to match the rest of your home.
Adding extra space in the kitchen will almost significantly always boost value. Other options include a master suite with a bedroom and master bath, or a sunroom; both will dramatically increase square footage and living space.