When remodeling, it's important to think about the future returns from the work and money you're putting into a property. Although there's no way to guarantee you'll make 100% of your money back plus profit, avoiding it altogether is just going to leave your home possibly tens of thousands of dollars lower in value.
These are the top trending high-value remodeling projects for the average homeowner: and how they can be an awesome addition to your property!
1. Gorgeous Kitchen Remodel
When's the last time your kitchen was updated? Are the tiles original? Although this might be a positive if your home was built in the last five years: any kitchen over fifteen needs a remodel.
A full kitchen remodel will win you a large return on investment: but you can gain an even larger percentage back by doing a partial or mini kitchen remodel. This means updating vinyl kitchen flooring, or replacing the counters and painting cabinets, instead of gutting the entire room.
Of course, if you think there’s no saving your kitchen, you can always go the drastic route, but going smaller can gain you a larger return.
2. Inspiring New Fun Floors
Floors are the part of our home that our body is in contact with the most. We walk from room to room, welcome guests in on them, and rest rugs, bookshelves, and furniture on them: why wouldn't you want anything but the best version of them?
Updating your floors to something like faux hardwood, or laminate can change the look of your entire home. Although carpet is expensive and fancy to some, it holds onto smells, stains, and animal fur and is hard to keep clean.
Simple hard flooring with rugs on it for softness can bring across a look buyers will love that will also save you a lot of money and work.
3. Keeping Your Home Above Water
Fifteen million homes are at risk of flooding in the USA, which means it's important to keep up to date on your property and what it needs. For example, if you notice that your yard floods a little when it rains, it could be time to look into driveway drainage solutions to help get that water away from your property and vehicles and back into the soil or drains.
This can be a large project to take on if you’ve never done anything like it before, so contact a contractor who has worked on something like this before.
A less drastic thing you can do to help divert some of the water is to build a rain garden. These gardens have deep roots that help hold the soil in place while absorbing as much water as possible. Although it can't stop all flooding, it's a beautiful way to help fight against water overflow.
4. Adding Attractive Detail
Detail is something that, if you add correctly, nobody will notice, but it will make your entire home feel fresh and new. An awesome way to add detail is by adding something like white trim wood doors, or even molding above your cabinets, to help make rooms feel more complete. These are inexpensive and small projects: but the results they give off are fantastic.
Other nice details you can add are things like heated towel racks, in-floor heating in bathrooms, smart light switches, and little details that make living there feel like a luxury.
5. Updating Your HVAC System
What's your HVAC system like? Do you notice you have a lot of allergy issues inside, or have you been watching your heating and cooling bills skyrocket in recent years? If so, it might be time to update your system.
While replacing your filters regularly can help to some degree, it’s also a good idea to have the system inspected at least once a year to ensure it’s running well.
Another awesome way to add value is to add a smart thermostat. These thermostats allow you to know the temperature regardless of where you are in the world and enable you to change it so that you don't have to worry about your heating and cooling constantly running while you're away. This can help lower heating and cooling bills and are a great selling point to buyers.
You Can Reimagine Your Home in No Time
Your home is something you can build value into if you know how to do it right. Take the time to create a space people will want to buy, and you can inspire a bidding war in no time!
Andrea Erickson is a contributor to Innovative Building Materials. She is a blogger and content writer for the real estate industry. Andrea is focused on helping fellow homeowners, contractors, and architects discover materials and methods of construction that increase property value, maximize energy savings, and turn houses into homes.