Why You Should Look to Add More Value to Your Home
When was the last time that you made an upgrade to your house? If it’s been some time, then it’s likely that certain elements of your home have gone out-of-date, thus negatively affecting the value of your home. But the good thing is that you can certainly do something about it. It’s always good to keep your property value in mind, especially when it comes time to sell, and at the same time, you’re making it more enjoyable for you and your family.
If you need some help in determining what home improvements provide the best ROI, check out some of our favorites below. It’s important to review each one carefully and decide which, if any, are right for you and your situation.
Build a Deck or Patio
Outdoor decks and patios are incredibly popular, and a well-maintained or newly built deck is a major win in a homebuyer’s eyes. As homebuyers look for houses that have them, the houses that do become much more valuable. A deck or patio can be viewed as an additional living space. In areas of the country that have warm weather year-round, this becomes especially valuable because it allows the homeowners to enjoy themselves by entertaining guests, hosting gatherings, or even just having some additional space for privacy.
If a home already has a nice sized backyard, the addition of a deck or patio can only enhance the homeowner’s living experience. Since not every home has the luxury of a large living or family room to spend time, a deck or patio can be extremely beneficial and positively offset the lack of space inside the home.
If you’re interested in potentially building or upgrading a deck or patio, check out our blog Outdoor Deck Ideas that Can Improve Your Backyard for more information.
Build a New Bathroom
Adding a bathroom to your home can be a significant differentiating factor when selling. Homebuyers see a big difference between having 1-2 bathrooms or 2-3 bathrooms, and the number of bathrooms can even be a deal-breaker for some families, especially if it’s a family with multiple kids.
When building a new bathroom, it’s important to focus on the layout. Everything begins with the layout. Because yes, while an additional bathroom in the home is nice, it also has to be functional, and capable of being used by more than one person at a time. It’s also important to consider the difficulty of adding new plumbing to the area where you’re looking to add the bathroom. If it’s in an area that will cause some trouble, costs can add up quickly.
While the addition of a bathroom can make both life easier for your family and increase the value of your home, it’s important to keep within a budget. The more money you spend on building a bathroom, the less likely you are to recoup that money when it comes time to sell your home. So be smart about it. And if building an entirely new bathroom isn’t really plausible for you, consider remodeling a current bathroom. For tips on how to do that, read our blog Refresh Your Restroom with these Bathroom Makeover Tips.
Remodel Your Kitchen
Kitchen remodels can seem overwhelming and typically make people shudder at the mere costs that are typically associated with them. But not every kitchen remodel has to be a hassle and leave a hole in your wallet. It’s entirely possible to remodel a kitchen without having to spend a large sum of money, but adding value to your home at the same time. But to do so, you must have an idea and direction.
The kitchen is considered the heart of the house and as such, it should reflect that. By coming up with a plan and budget, and sticking to it, you can change the dynamic of your kitchen with relative ease. Not every kitchen remodel requires custom cabinets and brand new appliances. Sometimes, it just needs to be refreshed. A refresh can include refinishing and resurfacing cabinets, installing under-cabinet lighting, and giving your countertops and upgrade. There are plenty of nice-looking materials available that won’t break the bank.
If you’re interested in learning more about remodeling your kitchen, check out some of Our Favorite Ideas for a High-end Kitchen Renovation.
Upgrade/Replace Your Garage Door
While it certainly doesn’t top the charts as one of the more exciting home upgrades, upgrading your garage door has shown to yield around a 98 percent return on investment across the United States, and in some areas, more than 100 percent of costs were recouped.
The best garage doors today are built with materials that are both durable and insulate well. Examples include steel, wood composites, and aluminum. Depending on where your garage is located, an upgrade can also really improve the curb appeal of your house. First impressions are important, and this upgrade will certainly improve everyone’s impression of your house.
Importance of Working with a Licensed Contractor
While it may be enticing to try and do some of these improvements to add value to your home on your own, working with a licensed contractor ensures that the work is done right the first time and done on time with no mistakes.
A team of experts is able to handle a project with much more ease than you could by trying to do it yourself. It’s easy to run into the risk of injuring yourself, constructing something incorrectly, or simply not having the required knowledge to complete a project.
Remember This Before Remodeling
Before you dive right into your home improvement projects, you should know where to find a team of experienced designers and contractors that can help make your projects a reality.
Our team can provide you with the direction and vision you need when you decide it’s time for an addition or an update. We can also help you with any additional projects that you might be considering.
Let our team be the ones to give your home the right look and feel.
At Malek Construction, our team works hard to make you feel right at home. Contact us today, and we’ll help you build the home of your dreams.