How Home Remodeling Adds Value

How Home Remodeling Adds Value

Remodeling your home is a great way to turn an old space into an entirely new one that is better capable of supporting you and your family. Remodeling costs much less than new-home construction, and it can add value to your home when done right. The potential return on investment can be very significant – especially if you intend to sell your home soon. Let’s take a closer look at some commonly done home remodeling projects that you also might consider doing.

Kitchen Remodels Cost The Most

A kitchen has a lot of potential appliances and fixtures, which makes a kitchen remodeling project costlier than remodeling any other room or space in your home. The average kitchen remodel cost is more than buying a home in some places with an average cost of more than $80,000. The cost generally is about $20,000 less in the south, but is nearly $160,000 in the nation’s costliest locales.

The relatively high cost of a kitchen remodel is due to the need for plumbing, electrical, and possibly gas lines that all help to make a kitchen work. Dishwashers, garbage disposal, and stovetop ovens all add to the cost. So do countertops, backsplashes, and kitchen flooring. Cabinets, kitchen islands, and other features all add up. When done well, though, you can recoup much of that cost in increased property value and a higher selling price if you sell your home soon after remodeling the kitchen.

Bathroom Remodels Have Good ROI

Another significant factor in improving the value of your home is remodeling one or more bathrooms. Bathrooms with modern fixtures, stylish sinks and vanities, and even a stylish toilet can make a bathroom look better and more functional. So can adding more shelving and closet space. A new shower can add a very stylish flair while also improving the function of the current show space. And a new vanity and sink or sinks can make a big difference in how a bathroom looks while adding value to your home.

Smart Systems Control Utility Costs

A more recent remodeling tool for homes is the advent of smart control systems for various rooms and utilities. The smart devices can help to control room temperatures, turn lights on and off as needed, and better control water flow and temperature. Adding smart home devices to your home can make it more cost-efficient by reducing utility usage, including electrical, water, and HVAC systems. Smart devices use a variety of technologies to reduce the overuse of utilities and lower utility costs.

Home Office Adds Functionality

Many people are embracing the remote work model to earn income. Instead of traveling to work locations, they work at home, which often requires home office space. Renovating an unused bedroom or converting a small space into a home office can add significant value to your home while also making it more functional. Good office space is a truly great investment that has the potential to save you money on transportation costs while also enabling you to earn a living from home.

Carpeting Helps To Lower Your Remodeling Cost

Installing new floor coverings often is part of remodeling a home and can make it look terrific. You don’t have to spend more than necessary for your remodeling project. Want to save more on your remodeling service? Carpeting is perhaps the most widely used form of flooring and is offered in the widest variety of colors, styles, and textures, and we’re always having a carpet sale! You can call our friendly staff or visit our storefront to learn more about our many carpeting options for your home.

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