August 25th, 2020
Remodeling your home is a great way to not only get a fresh look, but boost the value of your home as well. With the right upgrades, you can get a sizable return on your investment when it comes time to sell. Here are 3 Home Remodeling Projects That Get The Most Return On Investment.
by Matt Lee, owner of Innovative Building Materials
But, with so many upgrades available, it can be hard to decide where you should invest your money. If you happen to be thinking about remodeling your home, here are 3 projects you can do to guarantee an increase in resale value.
Kitchens are one of the best places for a remodeling project that’s going to return real value. Buyers are always paying special attention to the kitchen, bathrooms, and exterior, so installing some new countertops is the perfect way to make your kitchen more appealing.
You might want to look at the price of quartz countertops to see if they’re in your ballpark. Quartz countertops are in style right now, so this is an excellent place to start your remodeling project. Hardwood floors are also a valuable addition to your kitchen if you don’t already have them.
Bathrooms are always looked at especially close by potential buyers. To take your bathroom to the next level, you can install some fogless mirrors, heated floors, quartz bathroom countertops, or even a walk-in shower. One of the most cost effective remodeling projects to consider is adding in some home handrails to your bathroom. Handrails are an especially good aging in place feature to add if you are older in age or plan to stay in your home until old age. Bathrooms are continuing to evolve in the modern home, so adding one or more of these upgrades will help keep your bathroom on par with other houses in the market.
The exterior of your home is another thing that buyers pay close attention to. Upgrading your siding is one way to stand out from the crowd. Wood siding vs vinyl siding is always a hot debate, but we’re seeing fiber cement siding gaining momentum lately as well. With its stylistic diversity, it would make for a valuable addition to your home in 2020. You may also want to consider some exterior window trim ideas to update the look of your windows to complement the rest of your home.
Another way to seriously boost the exterior look of your home is by swapping out your old shingles for new ones. One of the best alternatives to asphalt shingles is synthetic material. Synthetic shingles are more durable and as a result, more valuable than asphalt shingles. It can be a big plus for a buyer if they aren’t expecting to have to replace or repair the roof anytime soon after they move in. With synthetic shingles you can also go for a more natural look with options such as vinyl cedar shakes that don’t have the typical issues that come with wood shingles such as constant upkeep and maintenance.
Remodel for Durability and Lower Maintenance
Nowadays, low maintenance requirements are valued highly among homeowners. By upgrading your home with materials that are more durable yet still stylistically impressive is the best way to add value to your home before you sell it. By installing some quartz countertops, synthetic shingles, and fiber cement siding, you can transform your home into one of the most attractive pieces of property on the market.
You don’t always need to add a room or an in-ground pool in your backyard to generate value. Some simple, yet highly attractive upgrades should be enough to give you the type of ROI you’re looking for.
Matt Lee is the owner of the Innovative Building Materials blog and a content writer for the building materials industry. He is focused on helping fellow homeowners, contractors, and architects discover materials and methods of construction that save money, improve energy efficiency, and increase property value.