Which home additions / remodeling projects provide the best return on investment?

Renovations are a huge investment of time, money, and effort. Homeowners would do well to strategically choose the home additions or remodeling projects that give them the biggest bang for their buck. Let’s take a look at a few additions or projects that provide a high return on investment.

 

1. Front Door

 

Believe it or not, the right front door can do more to sell a house than any high-end finish inside the house. You would be wise to not overlook this element when deciding which additions will add value to your home. A beautiful entry door reportedly delivers a 97% return on investment.

 

2. Kitchen Remodel

 

Buyers are always looking for a convenient and stylish kitchen. Kitchens and bathrooms are two most important rooms to consider when determining the value of your home. If your kitchen is seriously outdated, it could require a complete overhaul, but it may just need a facelift to update it.

 

“From start to finish, the process and the people were knowledgeable and professional. There is a lot of pride in H&P quality and customer satisfaction.”

 

3. Bathroom Addition/Remodel

 

Adding a bathroom or half-bath is certainly something that will add value to your home. An additional bathroom can give you a 60% return on investment and bathrooms are quickly surpassing kitchens as the most important selling point. However, remodeling an existing bathroom might be a more prudent cost-to-value choice. Upgrading fixtures and finishes in a bathroom is a surprisingly easy way to add value to your house.

 

4. Landscaping

 

Like a front door, landscaping improves the first impression of your home. It’s also a relatively inexpensive investment. Simply trimming back shrubbery and pulling weeds can make a home more inviting. Fixing any cracks in walkways and updating the landscape design are bigger projects, but they can really make a difference.

We would love to work with you to increase your home’s value. Please contact us to discuss how we can help you with your project. Or visit our blog for more design and remodeling ideas.