The return on your investment, or ROI, should be top of mind when you start thinking about home renovation projects. You will want to focus on the basics of home maintenance as you begin, in order to get your home in great shape before you begin working on design elements.
Replacing the siding on your home will give you a return of approximately 90 percent on your initial investment, while replacing your roof and windows can bring upwards of 80 percent. The prospective buyer of your home will want to be able to be assured that the basic systems in your house are in good working condition: the roof doesn’t leak and the HVAC will work well during the hotter and/or colder months of the year. Few home buyers will want to take on the more costly elements of home maintenance just as they move in.
Bathroom and kitchen remodels continue to be two of the best investments that you can make in your home, with the more luxurious items, such as steam showers and granite counters being very desirable. These are the rooms that new home builders are most apt to splurge on, since buyers love luxury in these areas, so an older home that can offer such comfort will fare well on the market.
As you consider home improvements and Nashville home renovations and what you will want to do, always take the actual value of your home into account. You don’t want to spend ten or twenty thousand dollars for a futuristic kitchen with two refrigerators and the best oven/stove combo money can buy when your home’s value is under $200,000.
Here are the home improvements that will give you the biggest bang for your buck:
If you are ready to start renovating or adding space to your home, we are here to help. Contact Ascension General Contractors today!