The tried and true kitchen remodel will always be a value-add to your home, but here are some other projects to consider.
The Residentail Remodeling Index (RRI) has now posted 12 consecutive quarters of year-over-year gains since the remodeling industry bottomed out at the end of 2011. But all home remodeling projects are not equal. Which projects are the best ones for those looking for a solid return on their investment — and higher profits come selling day? Some may surprise you.
- A Home Office Remodel
Home offices are becoming less of a luxury and more of a necessity, with more people telecommuting. The number of Americans that work from home is in the millions, and that number has continued to grow every year. With many companies cutting costs and becoming more aware of their carbon footprints, telecommuting has become a viable solution for many in the working world. Making sure that your home has a state-of-the-art space for potential teleworkers is a surefire way to increase your home’s value.
- Renovate or Add a Family Room.
With open floor plans becoming more in demand, a family room is an excellent way to make existing homes more like new construction. Remember, it’s a good idea to keep in mind what homes in your area are like. People like to purchase homes that blend with other homes around them. Chances are you’ll find many of your neighbors are investing in family rooms as well.
- Replace the Roof.
The roof is one of the first impressions people have of a home. Make sure yours passes the test by replacing an old roof. You can also change the character of your home by looking into architecturally styled roofing tiles.
- Landscape Your Yard.
Along the same lines of thinking as the roof, landscaping can give a great – or not so great – first impression. Backyard landscaping can transform ordinary spaces into incredible entertaining areas by including elegant water features and lush plants. Consider your area’s climate. If you live in an area that receives temperate weather year-round, you’ll find that your new landscaped yard adds value to your home and increases your living space.
- Replace Old Windows.
Thirty percent of a home’s energy is lost through its windows. Replacing old windows with energy-efficient ones signals to home buyers that you really care.