Home remodeling costs are going to be an important part of the decision process when looking into making changes on your home. However, the return on your investment is also important. You might be willing to spend a bit more on a project if you can get that money back in the future. Here are some of the top home remodeling costs that have the largest return on your investment.
It sounds simply, but when you paint the interior or exterior of your home, it really pays off. This project isn’t costly, but can give you a large return because it makes the home look fresh and new.
Trees and shrubs can add maintenance costs on an annual basis as well as the initial purchasing price. If you have someone put the landscaping into place for you, that costs as well. But these home remodeling costs make your home look finished and can bring in a return of 105-303 percent.
Flooring doesn’t have to be the highest costing material to work wonders in a home. It should be high in quality and work well with the home. The safest bet is to go with something neutral. The return on new floors is anywhere from 70-80 percent and you can enjoy the flooring yourself until you move.
Outdoor Living Space
If you have some money to spend on home remodeling costs, exterior renovations can give you a huge ROI. Everyone wants an outdoor living space today, whether that means a relaxing patio or a full outdoor kitchen. It can cost as little as adding a deck or as much as installing a kitchen, but the ROI is up to 75%.
The bathroom is one of the most important rooms in any house, but it’s also often overlooked. Using home remodeling costs for this room is never a waste. Even small updates can make a big difference while a complete overhaul can be a final selling point in the future. You can expect a 70% or more ROI.
Home remodeling costs are also never at waste in the kitchen, the heart of the home. Any home value will skyrocket with new kitchen features and the value can bring in over 80% ROI.
Wherever you want to spend your home remodeling costs, contact Paradis Remodeling & Building for expert help.