The Different Home Renovations That can Provide You with Excellent Return of Investments
If you are going to renovate the house for resale, you must know that there are major renovations that would top the list. One thing is the major kitchen remodel that can provide you with such return of investment of 75 to 85 percent. The function of a kitchen has really changed after many years and the kitchen should be able to meet such needs.
The buyers wish to envision themselves in a beautifully renovated kitchen where they will be able to see themselves prepare the meals for the family and friends and where kids can nestle into banquet as they do their homework or the guests mingling around that gorgeous island. Buyers are interested to imagine this with their eyes and know that this can be attained.
The major kitchen remodel would also need to include a new floor plan for improving a poorly designed work triangle. When your kitchen is updated, isolated and compartmentalized but the floor plan and the layout is not efficient, then you should not try to replace them with cabinets and appliances to camouflage the problem. You have to know that this is a great thing when you are going to add an island in the plans because everybody would want them.
You have to make sure that you replace all the appliances, the cabinetry, floor, fixtures, lighting and finishes as well as the new French doors and the windows that can capture the attention of those buyers. Since the baths and kitchens are the most expensive rooms that you must renovate, then the buyer would be thrilled that the work has been done for them already.
Another home renovation project that can add value to your home is family room additions. Know that the family room is known to be the second most popular area in the home after the kitchen. Adding 400 square feet of such cheery living space can surely improve the home’s value. You may increase the overall height of the place and have that vaulted ceiling. Making a sense of volume would quickly make the room feel more spacious. You may consider the details and also add the beautiful French doors, the floor to ceiling window and skylights to have a new space with light and in order to maximize the view. You can then take a step further and also add the deck.
Know that such deck additions are the best investments which you can have these days. They would transition the interior to your home’s exterior and immediately expand the living space. You should know that the deck addition can have such return of investment ranging from 72 to 95 percent. This is surely something that homeowners will like to have for their home.
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