Home Additions and Remodeling Projects That Pay Off
Not all home remodeling services are created equal. While all of them can make your home a more enjoyable living space, some of them offer a better return on your investment than others. For instance, redoing your kitchen and bathroom in Wellesley will offer a bigger increase in value for your home than simply replacing … Continued
Not all home remodeling services are created equal. While all of them can make your home a more enjoyable living space, some of them offer a better return on your investment than others. For instance, redoing your kitchen and bathroom in Wellesley will offer a bigger increase in value for your home than simply replacing windows or redesigning the bedrooms in your home. Before you take on your next remodeling project, consider one of these options to increase the value of your home.
The kitchen is one of the most used rooms in the home. It’s not just a place to prepare and eat meals; it’s also a common gathering area in the home, especially if you enjoy entertaining. The good news is you don’t have to completely remodel your kitchen to see the value benefits. Remodeling services in Massachusetts can do anything, from a minor renovation to an entire remodel. In fact, in many cases, those smaller changes offer a much larger return on your investment, often around 79 percent, while major renovations often return around 50 percent of your investment in value.
The bathroom is another important area to consider when you want a renovation that boosts the value of your home. People love to have their own oasis in their home. Making changes to your bathroom to offer a more spa-like experience can be a great way to improve the usability of the room, as well as give your home a boost in value. Bathroom remodels often return around 50 percent of your investment. However, making the room more accessible can increase that return to closer to 60 percent, making your home more attractive if you’re interested in selling.
Redo the Master Bedroom
Another change many remodeling services in Massachusetts recommend is the master bedroom. If you don’t have a master suite or you simply want something more attractive, you can choose between mid-range and high-end remodels that can give you an incredible return on your investment and make your home more enticing. Mid-range renovations often return about 57 percent of your investment, while high-end remodels bring you closer to 50 percent.
Add a Deck
Homeowners love usable space outside. Why not consider adding a deck to your home to increase its value and appeal? A wood deck can typically increase your home’s value by as much as 70 percent, making it one of the most profitable renovations. Composite decks return slightly less, but they require less maintenance so they can still be a valuable option.