5 Remodeling Projects That Add the Most Value to Your Home
Look around your home. Are there several things you wish you could change? If you need to prioritize your to-do list, choose the home upgrades that increase resale value the most. These projects are wise investments, whether you’re looking to sell soon or simply want to enhance your living space so you can enjoy your home.
The upgrades with the best return on investment (ROI) are those that future buyers will find appealing and worth their investment. Explore the top five remodeling projects that boost home value, keeping in mind that various factors like where you live, current market trends, and remodel quality may impact ROI.
Update Your Kitchen
A kitchen remodel offers one of the best returns on investment, whether you opt for a major overhaul or minor improvements. Plan and execute the project correctly, and you could yield a return of 80% to 90%.
A minor kitchen remodel might include:
- A cabinet refresh: Replacing or refinishing your kitchen cabinets improves the look of your kitchen without the cost of a full replacement.
- New countertops and backsplashes: Upgrade to stone countertops and add a stylish backsplash to modernize the space.
- Energy-efficient appliances: Energy-efficient appliances attract eco-conscious buyers and reduce your utility bills.
A major remodel is more involved and could include:
- A kitchen island addition: Adding an island or peninsula increases storage and workspace, which is highly desirable.
- An open layout: Knock down walls to combine the kitchen with the adjacent dining or living room, creating a more spacious, open feel.
- A flooring upgrade: Durable, attractive flooring like LVP or tile makes a big difference.
Open Up Your Home’s Layout
Open-concept floor plans continue to be popular for their spacious feel and flexibility. Opening up your home’s layout enhances natural lighting, improves traffic flow, and makes the space feel larger, attracting potential buyers.
Consider these tips during a whole-home remodel intended to open up your home’s layout:
- Remove non-load-bearing walls to open up your living space.
- Create distinct zones within an open layout with strategic furniture arrangements, rugs, and lighting.
- Maintain privacy by keeping bedrooms and bathrooms separate from the open-concept floor plan.
- Install French doors on your home office for separation and sound dampening, allowing light to enter.
Remodel Your Bathroom
Bathroom remodels and additions can also provide a good return on investment. Expect an ROI of around 50% to 65%.
Some minor bathroom remodel ideas include:
- Fixture updates: Replace faucets, showerheads, toilets, and lighting to give the bathroom a fresh look.
- A new vanity: A new vanity with double sinks and extra storage improves aesthetics and functionality
A major remodel could include:
- Shower upgrades: Install a spa-like walk-in shower to make your bathroom more appealing, or consider a sleek shower stall for a smaller bathroom.
- Luxury features: Add a soaking tub and heated towel rack to transform your bathroom into a relaxing retreat.
- Radiant floor heating: If you’re replacing the flooring anyway, consider putting in under-floor heating, a feature you’ll love all winter.
Finish Your Basement
A finished basement adds valuable living space. This project offers a high ROI, often recouping around 70% to 75% of the investment.
You could convert your basement into a laundry room or storage area, but making it a functional living space will be more valuable. Some ideas include:
- Additional bedrooms: Adding one or more bedrooms increases the total number of sleeping areas in your home, a huge benefit when listing it for sale or hosting family and friends.
- An extra bathroom: Include a full or half bath in the basement for increased convenience and functionality.
- Living areas: A living room, home theater, or game room makes the basement more versatile for family activities.
No matter how you use your basement, ensure adequate lighting to avoid a dark, uninviting space. A combination of natural light and well-placed artificial lighting should do the trick.
Add a Primary Suite
Creating a primary suite that stands out from other bedrooms is a big draw for buyers. This home addition offers a strong ROI, especially if it’s designed with high-end finishes and thoughtful touches.
Here are some unique features to include in your primary suite:
- A luxurious bathroom: Incorporate a spa-like bathroom with a walk-in shower, soaking tub, and double vanities.
- A walk-in closet: Ample closet space is a must for a primary suite. Custom closet solutions further enhance the luxurious feel.
- A private retreat: Additions like a sitting area, fireplace, or personal balcony can make your bedroom your favorite space in your home.
Transform Your Home With Meridian Construction
At Meridian Construction, we take pride in transforming houses into dream homes. Our family-owned, award-winning design/build team has been a trusted home remodeler in Montgomery and Bucks counties since 1989.
We take the stress out of remodeling, handling every step of the design and construction process with your complete satisfaction in mind.
Are you ready to boost your home value? Request a consultation with us today and discover how we can bring your vision to life.
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