You’ve decided that you want to make a few changes to your house. It’s time to invest some time and energy into your property, but before you move forward you want to know which projects will offer the best home improvement ROI. Here you’ll find a number of suggestions that will help make such decisions, you can beautify your property while making smart investment decisions.
Kitchens are the first area of the house most people think about when they’re interested in remodeling and investment. This is the area of the house that generally absorbs the most wear and tare from the rest of the property. Minor improvements can be done without spending too much money while completely changing the look and feel of the space. These renovations include dual sinks, counter tops and backsplashes.
Bathrooms are the next remodeling project most investors take on after the kitchen. Now, homes with more than one bathroom move faster off the market than single bathroom properties. Depending on your budget, you may transform the bathroom entirely. However, if you’re on a tight budget, changing the fixtures can go a long way.
Family rooms are also a popular feature for many properties. This is a space that lives up to its name and encourages quality time with loved ones. This is something more and more property buyers are looking for when seeking a new property. In order to add such an area to the property you may have to sacrifice storage areas, but these spaces have a fair return on investment.
Replacing an old attic with a spare bedroom can also be a smart investment. Most people are looking for ample space. Rightly so since most people will spend a lot of their time resting in their bedrooms, these are very important spaces. You may think of adding a roof window to offset the add-on look. Since this is a major renovation you may want to seek the advice of a contractor before committing to any major projects.
If you’re not using your basement space and it’s just there, a renovation in this area can help in a number of different ways. Not only can it help boost your property value, if you’re working with a good space size you may be able to convert such a space into a rental apartment. However, when considering this option always consult with your area’s zoning regulations.
If you’re looking for a relatively less expensive renovation, windows can be a good place to look. Whether you’re looking for an easy upgrade or something more extravagant this is a great place to look when you want to beautify your property while keeping your eye on smart investment strategies.