How Home Remodeling Increases the Value of Your Property

There are many reasons to start a home remodeling project. You can update the look, improve the functionality, and increase its value. If you’re planning on selling the home within the next few years, consider the projects most likely to increase its resale value—the kitchen and bathroom.

Kitchen Remodels

You’ll see the greatest return on investment if you do a kitchen remodel. Even for a minor project, expect to recoup almost all the home remodeling costs when you sell the property. Average returns are 80 to 85% of money spent. If your kitchen is very outdated, then expect a higher return.

A minor remodel is a cosmetic update for the kitchen, whereas a major remodel may include a new floor plan. Today, the kitchen is the heart of every modern home and large open spaces are much appreciated. Buyers are also looking for high-end upgrades, such as granite countertops, energy-efficient appliances, and beautiful custom cabinets.

Focus on Your Bathrooms

The bathroom, especially the master bath, is the next important consideration for buyers. An outdated bathroom won’t help you sell the home for top dollar, because buyers don’t want to invest the time and money on bathroom renovations. Fortunately, any money you spend on a minor project will return when you sell the property.

If your bathroom is outdated, replace the tub, the tiles, the toilet, and the sink. If it just needs a small update, you could just have the tub refinished. Additionally, make a sink and shower look newer by putting up modern fixtures. If you’re planning a major remodel, consider adding a walk-in shower, toilets at comfort height, and a bathroom that can easily be accessible for wheelchairs. These improvements benefit older people and would make your home stand out.

Your home remodeling project should include items that are essential to you and can increase the value of the home. Founded in 1992, Baybrook Remodelers in West Haven, CT, has always focused on excellence for home remodels. C all (203) 937-6400 to discuss your project.