What renovations do the most for your home’s value?
Chances are that you’ve thought about reinvesting in your home at some point in the past year. Maybe it was when you received that raise at work, or got your tax return back. Renovating outdated parts of your home is a great way to preserve and increase its future value, while also giving you a new kitchen, bathroom, backyard, or living room to enjoy in the present. In this article, we’ll review the best renovations to make to your home if you want to improve its value and curb appeal.
Invest in your home and its value in 2020.
If you’ve been putting off making upgrades to your home, this year is the perfect time to put money back into your home and its long-term value. Check out our infographic for great information about where to start.
If you want to boost your home’s value, here are the projects to consider:
Remodel your kitchen
The kitchen is the beating heart of the home. Today’s homeowners do more than just food prep in their kitchen: it’s a place where family and guests gather and talk over drinks and food. It’s where families sit down to a fresh breakfast on a Saturday morning. It’s the center of American home life. Accordingly, today’s homebuyers not only want updated kitchens—they’re willing to pay more for a home that has one.
There are few home remodeling projects where you’ll get more bang-for-your-buck. On average, U.S. homeowners who start a midrange remodel see an 80.5% return-on-investment. You can push your project’s ROI even higher by making smart decisions with your kitchen. For example, every remodeling expert agrees that new countertops and cabinets are essential to a value-boosting remodel, but you can stand to benefit if you work with a wholesale direct importer like our company.
The great thing about a kitchen remodel is that there’s plenty of smaller upgrades that can really transform the space. Don’t neglect the importance of lighting, for instance. Hanging pendant lights over a kitchen island, or adding under-cabinet lights, can completely change how the room looks at night, and for the better.
Rethink your master bath
Just as with your kitchen, remodeling your master bathroom will increase the value of your home while also adding to its curb appeal and your enjoyment of the space in the present. When it comes to a bathroom remodel, you don’t have to knock down walls or even move pipes from one place to another. Instead, focus on improving the shower with new tile, glass, and fixtures. Add a new bathroom vanity that features high-quality cabinets and stone countertops. If your bathroom has fading linoleum floors, it’s time to swap them out for tile or laminate ones.
Give your backyard a fresh start
If your backyard is a place you actively avoid—even when it’s nice outside—you need to make changes. The backyard is something many homebuyers look at and consider when evaluating homes to purchase. In fact, a major backyard addition—such as a deck or pergola—generally has an ROI north of 70%.
Here in the Valley, there’s obviously an advantage to adding a swimming pool to the backyard. However, this is a major investment for most homeowners, and not a fit for every backyard. As an alternative to a pool, an extended patio with a built-in kitchen and serving area can be a really attractive home feature for the many times of the year it’s nice outside here in Phoenix.
Start your bath or kitchen remodel with Superior Stone & Cabinet
If you’re planning on selling your home this year, now’s the time to start thinking about how you can maximize its value and your return. As we’ve discussed, a great place to start is with a kitchen or bathroom remodel. That’s where we come in. At Superior Stone & Cabinet, our specialty is cabinets, countertops, and floors, which makes us the perfect team for all your remodeling needs. Plus, with our direct-importer pricing, we can help maximize your project’s ROI.
We’d love to meet with you to talk about your project. For a free in-home estimate, contact us online or give us a call. Want to see our massive selection of new countertops and cabinets for yourself? Swing by our conveniently located showroom here in Phoenix, and our designers would be more than happy to show you around.
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