Home Renovations For The Highest ROI
- Posted by Ellie Lacy in Real Estate
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When it comes to increasing the value of your home, home renovation projects can make all the difference. If you plan and execute properly, you could end up with a much more valuable property than when you started – and for a minimal investment.
The key is focusing on home improvement projects that will have the highest return on investment (ROI). To help, here are some of the top home renovation projects that can add value to your property.
Kitchen
A kitchen remodel is one of the most popular home renovations with a high ROI. An update to your cabinetry, countertops and appliances will instantly modernize the room and increase its appeal to potential buyers.
Bathrooms
Just like a kitchen upgrade, updating the bathrooms can provide an even higher ROI when it comes to selling a property. From adding new flooring and countertops to installing a low-flow toilet or shower head, all of these renovations will add value and make your home more appealing.
Hardwood Flooring
Another big plus when it comes to selling a home is having hardwood floors throughout the property. Not only do they look great, but they add value and are easier to keep clean than carpets. This is one of the projects that can be done relatively inexpensively, yet adds substantial value.
Landscaping
Whether it’s adding a new deck or patio, or updating the landscaping, these projects can all increase your home’s appeal and value. Think about what current trends are in landscaping and how you can incorporate them into your property.
Energy Efficiency
Installing energy-efficient features such as a solar array, tankless water heater or double-pane windows can help make your home more desirable and valuable. Not only will these installations save you money in the long run, but they’ll also add value to your property.
Home Security System
Installing a home security system can be a great way to add value and peace of mind when it comes to selling your home. Buyers will likely be more inclined to purchase a property that is secure, making this an investment worth considering.
Home Automation
Another popular trend in home renovations is the addition of home automation features. This includes things such as voice-controlled lights, automated shades and smart thermostats. Not only can these make your home more comfortable and convenient, but they can also add value to it in the eyes of potential buyers.
Renovating your home can be an enjoyable and rewarding experience, yet it’s important to focus on projects that will bring the highest ROI. From kitchen and bathroom upgrades to energy-efficient installations and landscaping projects, these renovations can all add value to your home and make it more attractive for potential buyers in the future.
If you have any questions or need help selling your home, I can help you with the complete process. I specialize in Friendly Valley and have a list of buyers waiting for homes.
Ellie Lacy
Keller Davis Realty Friendly Valley
19310 Avenue of The Oaks
Newhall, CA 91321
(661) 341-6226
https://ellielacy.com
