Remodeling your home is a major investment, and figuring out how exactly to spend all of that money can be challenging. The most beneficial home improvement projects are those that will increase the value of your home in relation to the price you paid for it, especially if you’re thinking about selling in the future. Beyond that, it never hurts to keep your home updated, both for aesthetics and for function! But where do you begin?
The overall condition of your home will play a large role in your choice of projects. While some homes need a whole new kitchen, others may benefit immensely from a simple flooring replacement or some fresh paint. If your entire home needs some major TLC, deciding on what will be worth the money and what should be left alone for now can be a difficult decision.
Remodels that Improve the Value of your House
From the kitchen to the curb appeal, there are several areas of a home that can add significant value when remodeled. While the addition of a home theater or wine cellar will boost your home’s value, it may be best to leave those dream additions for another time and focus on simpler, but still effective, projects. We’ve put together some helpful information on some of the top items that should be on every homeowner’s remodeling to-do list.
Regular Maintenance
It might sound silly, but one of the top ways to increase and maintain the value of your home is by keeping up with regular maintenance. Go beyond household chores like dusting, vacuuming, and cleaning, making sure to replace old gutters, check your roof for leaks, and improve the energy efficiency of your entire home as time goes on. These types of updates and maintenance projects can cost future buyers a lot of money to complete themselves or even dissuade people from buying, so it’s better to stay on top of things and keep your house in good condition. By investing money into improving the less glamorous parts of the home, you’ll be sure to see a payoff.
Kitchen
One of the top items on a potential new homeowner’s list is an updated kitchen. If your cooking space could use some work, this is an investment you don’t want to miss out on. The trick to nailing this remodel is recognizing that you don’t have to go over budget or redesign the entire space to see a return on your investment. From swapping in energy-efficient, stainless steel appliances to installing new countertops and cabinets, smaller projects can go a long way. Work with a local contractor so you can get a good idea of what you can do within your price range.
Bath
No one wants to walk into their bathroom to see an old, musty, outdated space. Just like the kitchen, a bathroom remodel doesn’t have to be a major renovation. Give your small space a makeover by spicing up the vanity and mirror, upgrading the bath to a shower, and replacing outdated flooring with a fun patterned tile. Or take things slow and replace a few of the more major things, like bathtub or countertops, adding a fresh coat of paint to give it a new look. Even small upgrades can make a huge difference down the road!
More Space
What homeowner doesn’t want an extra bedroom or two to make it easier to host visiting family and friends? An addition to your house can be especially valuable if you’re in an area where the housing market is hot and property prices are rising. Whether you want to double the square footage of your home or simply add an extra room to use as a spare bedroom or office, you can’t go wrong by creating some additional space.
Curb Appeal
Curb appeal, or the attractiveness of your house and property as seen from the street, has a major impact on the value of your home. If you’re planning to sell in the future or just want to keep your house looking handsome, consider updating your home’s exterior. Replacing or painting old siding, adding a front porch, and replacing old garage doors with higher-quality versions are all great options to start with. But curb appeal doesn’t end with the exterior—don’t forget about the landscaping! While you may not be big into gardening, a well-maintained lawn can make a big difference in the overall look of your home and property.
Remodel Your Home with Honey-Doers
No matter what part of your home you choose to remodel, hiring the right contractor is essential to the success of your project. With over 20 years of remodeling experience in the Minneapolis area, Honey-Doers can help you decide which projects will add the most value to your home. With the knowledge, tools, and resources needed to help you see a maximum return on your investment, we’ll get it done right the first time. Contact us today for a free estimate to get started.
