Exterior Renovations If it doesn’t look good on the outside, new homebuyers won’t want to look inside. New siding, entry doors, garage doors, and decks have some of the highest returns on investment of any home renovation. Fortunately, as the prices of high-quality, durable materials drops, so does the cost of a remodeling project. The average cost for these projects ranges from a little over $10,000 to less than $2,000. The appearance of a home is vitally important to new homebuyers, so you’ll want to make sure that your home fits well with the neighborhood. Since many homeowners take these projects as necessary home maintenance, these renovations are an excellent way to keep your home up to par with other nearby homes. Kitchen Kitchens are one of the most important rooms in your home, and, as a result, bring back some of the biggest returns. But, as with exterior projects, you don’t have to pay an arm and a leg for a new kitchen: a minor kitchen remodel, such as a face-lift, often does just the trick. This type of remodeling job often means replacing sinks, faucets, cabinets, countertops, and appliances, and averages a little over $18,000 for the nation. Keep in mind that the cost for this type of job can vary based on the appliances and materials you choose. The return for this type of project are almost as important as outdoor renovations, since kitchens and bathrooms are where new homebuyers look first. A flashy new basement or walk-in closet won’t matter much to prospective buyers if the kitchen hasn’t been touched in years. Bathrooms Nobody likes a grungy bathroom, and an outdated bathroom can be a nose-turner. New homebuyers only see these as renovation-projects-in-waiting, and are more likely to purchase homes that already have the work done. Bathroom renovations also bring in a high return on investment, and come a close second behind kitchens and some of the most popular outdoor projects. And, as with kitchens, you don’t need to go overboard to see results. A new toilet, sink, tub, and some cosmetic work is often enough to push up the value of your house and keep your family and your home value happy. These aren’t the only projects that add to your home’s resale value, but these are the projects that bring the best bang for your buck. https://www.gbgeneralcontrs.com/renovation-projects-that-add-to-a-homes-resale-value/Appearances count, and good looks can not only boost your bottom line, they can decrease a home’s time on market. When undertaking renovation projects like these, always consult with your contractor and real estate agent to estimate how these projects might help your home’s resale value.]]>
