Are you considering a remodel or renovation? Doing a little research now will help you both enjoy your newly renovated space and ensure a profit in the future sale of your home. Whether you are looking to update your forever home or looking to make some changes to your transitional home, return on investment is always top of mind when undergoing any renovation. We have put together a list of the top five home renovations that offer the best return on investment.
We’ve all heard the old adage that kitchens and baths sell homes. If your current home is valued more than $250,000, you can bet the next buyer will be expecting to see granite or marble counter tops AND stainless steel appliances. Kitchen cabinets can easily be painted to bring them up to date.
Today’s savvy homeowners are adding luxury amenities in the bathroom like grand walk-in steam showers. No room to expand a shower in your current home? Why not remove the bathtub to make room? Most people prefer a shower and as long as you have at least one bathtub in the home it won’t hurt your resale value.
Because of the mild weather in the Middle Tennessee area, homeowners spend a lot of time outdoors. An outdoor retreat will not only bring you years of enjoyment, it will also add appeal to home buyers who are looking for custom amenities. Decks, patios, screened porches, outdoor kitchens and pergolas are all in high demand with home buyers.
According to MSN, replacing existing siding with upscale fiber cement will pay back 78% of your investment and add to the charm and curb appeal of your home.
Replacement windows and doors will lower your heating and cooling costs on top of giving you back around 70-80% of your investment.
Once you’ve done your research and made the decision to renovate, make sure to do your research on your remodeling contractor. Check references, speak to past customers and visit their completed renovation projects. We would love to talk to you about your renovation and remodeling project. Please contact us for a free on site estimate by filling out the form below.