Monday, April 8, 2024 / by Ryan Huemmer
Top 3 Home Renovations For Your Buck
Home renovations can significantly increase the value of your property if done strategically. Here are some Top 3 Home Renovations that typically yield a high return on investment (ROI):
Kitchen Remodeling: The kitchen is often considered the heart of the home. Upgrading countertops, cabinets and fixtures can provide a significant ROI. Focus on update-to-date trends, improving functionality and using high-quality materials.
Bathroom Renovation: Like kitchens, updated bathrooms can greatly increase home value. Consider upgrading fixtures, countertops, flooring and adding amenities like a double sink and/or walk-in shower.
Basement Finishing: Converting an unfinished basement into usable living space can significantly increase your home's square footage and overall value. Consider creating additional bedrooms, bathrooms and a recreational area. A wet bar, home gym or movie theater tends to draw the attention of new buyers the most.
Don’t Overdue:
Smart Home Technology: Incorporating smart home features such as programmable thermostats, security systems, lighting, and entertainment systems can make your home more appealing to modern buyers. Changing ownership can be a pain. Make sure to keep all the packaging and installation instructions to help assist with exchange.
When planning renovations for ROI, it's essential to research local market trends, consult with professionals (us), and consider the preferences of potential buyers in your area. Additionally, ensure that any renovations comply with local building codes and regulations.
The Huemmer Home Team
RE/MAX Preferred
608-279-5424