Remodeling Projects with High Returns
So, Conesuslake.com got you the perfect location, the perfect price and the perfect neighbors, but your new home is not so perfect. It's ok, you knew this going in and are ready to start those home improvements.
Many people question where to begin and want to know what will bring in the best ROI (return on investment). Let's face it, when the remodeling projects are over and you can finally sit back and relax, there is a lot of joy in what you have accomplished. However, not all home improvement projects will bring you joy in the amount of equity. Conesuslake.com is here to help take the guess work out of it.
Here are 7 home improvement projects, that will get you the best ROI if you should ever decide you want to sell your home down the road.
Kitchen Upgrade - Average ROI - 98.5%
Consider adding new appliances, re-facing cabinets, adding new fixtures and new flooring as well as new lighting and fresh paint for a dramatic new update to an outdated kitchen!
New Roof - Average ROI 109%
This may not bring you much joy unless you've been running around with buckets, catching drops, but it will get you a great ROI. Potential buyers love having the peace of mind that a new roof brings them.
Patio or Deck - Average ROI 106%
After you have finished all of your remodeling projects, wouldn't it be great to have a place to relax and unwind. A new retreat such as this adds value to the exterior of your home.
Landscaping - Average ROI - 105%
Not sure where to start? Local garden centers often offer free design services, or ask the neighbors what works for them. A splash of color at the front of the house is an eye-catching plus. Replace overgrown shrubbery with flowering foundation plants, mixing heights and colors for dramatic effect.
Bathroom Upgrade - Average ROI - 102%
Fresh caulk, paint and fixtures can do wonders for an old bathroom. If a full remodel is in the cards, go for it. Remember to keep the finishes and colors fresh and neutral for best resale values.
New Hardwood Flooring - Average ROI - 91%
Hardwood floors are a timeless classic. Refinishing old floors is a no-brainer. You will also never regret adding new hardwood floors if you have none.
New Siding - Average ROI - 95.5%
New Siding, new color and never paint again! What is better than that! New siding can help make the worn down exterior of a home look new and revitalized! And, quality is key, this is one of the most important things a new home buyer will focus on.
Remodeling doesn't have to be a hassle. If you are not comfortable taking on the projects yourself, there are many qualified contractors in the area who can. For more information on contractors in your area, or upgrading your home for the best ROI, contact Dawn LoPresto at 585-794-6887.
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