5 Major Home Projects That Are Worth It
Whether you’re upgrading your home or getting ready to sell, investing in your home can add tremendous value. Revamping your current space can transform any house into a home, but how do you know what’s worthwhile?
Some of these projects can be DIY, but we recommend hiring a home remodeling contractor for the more complex projects. These projects can have unbelievable results when done by an experienced hand, so take advantage of a contractor when you can!
Kitchen Remodel
Renovating an outdated or “traditional” kitchen can go a long way! Most new homebuyers look for more contemporary kitchens when touring a home and can make a sizable difference in the final price of the house. They’re important centerpieces of the home, and having a good modernized kitchen can bring a home together. For homeowners and sellers, updating appliances, resurfacing countertops, and new sinks can go a long way in making your kitchen much more comfortable and valuable.
On average, kitchen remodels can cost roughly $25,000, according to HomeAdvisor.com. Generally, these renovations are usually the most expensive.
Bathroom Remodel
Bathroom remodels are one of the most common remodels a homeowner can take on. If you aren’t planning to move, investing in a bathroom space that best suits your needs and wants is an easy decision. We spend a lot of time in the bathroom, and they should be something comfortable. Removing a bathtub that is rarely used is an easy way to boost the space in a bathroom.
If you’re getting ready to sell, an article by Zillow.com suggests that the return on investment for bathroom remodels is high. The average ROI for a mid-range bathroom remodel is about 70.1%. Most homeowners spend anywhere from $6,000 to $16,000 on bathroom renovations, according to HomeAdvisor.com, and this depends on the size of the bathroom and how much work it needs.
Build a Deck
Adding a deck to your home is a guaranteed way to add value to your home. In addition to adding a new outdoor space to your home, when it comes to selling your home, the addition of a deck can get you around 70-80% of your initial investment. These outside spaces are fantastic for hosting guests during the warm weather months and can be worked around existing pools, hot tubs, and landscaping. Even more, for those not looking to move anytime soon, a customized deck built by professional contractors can be built to your desires.
Depending on the size of your desired deck, you can expect to pay on average between $4,000 and $10,000. In most cases, your price can be determined by square footage.
Landscaping
Landscaping is a guaranteed way to boost the curb appeal of your home. How your home looks from the outside is hugely important to potential buyers since first impressions are everything. Simple projects like new trees, pathways, outdoor lights, and general lawn maintenance can go a long way in boosting the value of your home.
Basement Remodel
Renovating a basement can truly maximize your home’s square footage with new liveable space and is guaranteed to bring value and comfort to your home. When homebuying, people will compare your home to those around it, and the difference between the price of your home can vary if it has a finished basement. To get the best results, finding a reliable contractor is essential. Finished basements can be transformed into any number of spaces, such as offices, play areas, laundry rooms, and entertainment spaces. All of these spaces are guaranteed to add value to your home, and in some cases, make it stand out to potential homebuyers.
To fully finish a basement can cost upwards of $20,000. That price can vary dramatically depending on what you want for your basement, like new walls, removed walls, bathrooms, and more.
Remodels like these can go a long way in making your home life much more comfortable, or they can boost the price of your home if you’re ready to sell. These are investments, some more expensive than others, but all worthwhile in the end. No matter how you decide to renovate your home, we recommend leaving the non-DIY activities to the professionals.
About the Author
Jennifer Bell is a freelance writer, blogger, dog-enthusiast, and avid beachgoer operating out of Southern New Jersey.
