Remodeling your home can improve life for you and other members of your household. Remodeling also drives up the value of your home and makes it easier to sell. When the time comes to sell your house, the improvements you’ve made over the years will make your house more desirable and high-value to buyers.
So the question is, what home remodels will you be performing?
1. Kitchen Remodel
ROI: 81%
The kitchen is the heart of the home, and it’s definitely a focal point for home buyers when you decide to sell. Remodeling your kitchen can return an astonishing 81% on your investment if your remodel is done wisely. Some tips to ensure that your remodel will lead to a dramatic increase in your home’s value:
- Keep prices reasonable by controlling the scope of your project.
- Avoid over-remodeling. Install upgrades that are high-quality but typical for the neighborhood.
- Prioritize remodeling parts of the kitchen that are in poor condition and in need of replacement.
2. Basement or Attic Finishing
Basement ROI: 70%
Attic ROI: 56%
Basement and attic refinishing add valuable square footage to your home. Whether you’re in need of a rec room for the kids, a home office or more bedrooms, basement and attic finishing can provide more space for a growing household. Work with a contractor that will get the necessary permits, as this helps protect the value of your home.
3. Installation of a Second Bathroom
ROI: 54%
Older homes sometimes only have one bathroom, which can dramatically reduce the value of your home. Installing a second bathroom makes it easier to live in your house with kids, and also makes it easier to invite guests to your home.
If a full bathroom installation isn’t within your budget at this time, installation of a half or quarter bathroom can help control costs while giving you the benefit of a second bathroom onsite.
4. Sunroom Installation
ROI: 49%
Sunrooms are multi-purpose spaces that can be used for everything from lounging with family to entertaining guests. You can even turn a sunroom into a home office, a dining room, or a play space for children. Work with your contractor to ensure that your sunroom is comfortable by properly insulating the space and installing energy-efficient windows.
5. Home Office Addition
ROI: 48%
A home office makes working from home productive as well as comfortable. Work with your contractor to ensure that your home office has ample outlets for charging devices, adequate space for meeting with clients and, if needed, a separate door for clients to use.
Make Your Next Home Improvement a Success
The most effective way to ensure that your home improvement has high value and high ROI is to work with a reputable home improvement contractor. Diamond Hill Builders helps New Hampshire homeowners improve the value of their homes.
We offer award-winning construction services to homeowners in Exeter and the surrounding area. Contact us today to get started on your home improvement project.
