Certain home improvements can add a great deal of value to your home, but you have to be careful when deciding which projects will generate an adequate return on your investment. Spending $100,000 on renovations doesn’t necessarily mean you’ll be adding that amount of to the market value of your home. A number of factors go into determining exactly how much an upgrade is worth. Remodeling Appraisals, for the most part, are based on cost versus how much they’d be worth to a potential buyer, so it’s important to do some research before beginning any home improvements.
It’s no secret some renovations are worth more than others. Bathroom remodels are among the hottest selling points. Having extra square footage added to this particular room would be a bonus, but installing new fixtures should also be a priority. Stand-up showers continue to be popular, but they’re becoming bigger and more luxurious. Whether you’re remodeling for your own comfort or in anticipation of selling your home, multi-directional or waterfall shower heads give the area a nice added touch.
Steam showers are hot topics in the home improvement industry, as well. Elaborate tile work likewise adds considerable value. Experts also recommend glass shower doors because they’re great for showing off those highly sought-after features.
Your home’s kitchen is another point of significant value. State-of-the-art appliances have the power to turn your kitchen into a showroom while making life a bit easier. If your current cooking and food preparation area is enclosed, consider eliminating a wall to give it a more open look and feel.
Keep in mind, the overall value of these projects is based partially on their cost, so comparing the price of labor and materials is a must. If you’re forced to choose between features, consider purchasing mid-priced kitchen appliances rather than the more high-end models to compensate for the cost of having the room extended. Perhaps you could forgo the previously-mentioned tile work in favor of adding extra built-in storage space in the bathroom. Small sacrifices can make a world of difference when it comes to Remodeling Appraisals.
Additional add-ons like solar water heaters, energy-efficient windows, and even new doors with modern security features can also increase your home’s value as well as improve its appearance. While you may not want to go with the cheapest materials and labor estimates, remember they do add to the overall cost of the project. Visit Spectrum-re-services.com to learn more. You can also like them on Facebook for more information.
Be the first to like.