If you’re thinking about renovating your home, you want to make sure you’re investing in projects that will actually increase your home’s value. With so many options out there, it can be tough to know where to start. That’s why Midtown Builders Group is here to help. In this post, we’ll walk you through the renovations that will give you the most bang for your buck. Read on to find out which projects will help you increase the value of your home.
Adding a room to your home can increase its square footage and overall value. Maximize your investment by choosing high-quality materials and adding unique details that add character to the home. You can expand your living space by adding a new bedroom, extending the living room, or extending the kitchen.
The kitchen is the heart of the home, and it’s one of the most important areas to update. With a kitchen remodel, you can design the space to meet your specific needs and preferences. Reports show that homeowners can recoup around 52% of the kitchen remodel cost after selling their home. Consider updating storage spaces, appliances, and features such as drawer-style dishwashers and microwaves, wine refrigerators, hidden outlets, a kitchen island, and new cooking ranges.
Upgrading your bathroom can be an excellent way to increase the market value of your home. Realtors estimate that a homeowner can get around 57% of the bathroom remodel cost after selling their home. Adding an additional bathroom can also significantly increase your home’s value, especially if it only has one bathroom.
Maintaining your home’s heating, ventilation, and air conditioning (HVAC) system is crucial for your comfort and health. It can also add value to your home. Realtors estimate that a homeowner can get around 85% of the HVAC cost when selling their home. An old and outdated HVAC system can be a major turnoff for potential home buyers. Upgrading to a modern and energy-efficient system can attract more buyers and increase your home’s value.
Maximizing Outdoor Living Spaces
Enhancing your outdoor living space is a great way to add value to your home while creating a beautiful and functional area for entertaining guests or simply relaxing with your family. You can transform your backyard, patio, or porch into an outdoor oasis with just a few updates. Consider adding comfortable seating, lighting, and greenery to make your space cozy and inviting.
Adding an outdoor structure such as a deck, fence, fire pit, or pool can also add value to your home. A deck provides additional usable space for your family and guests, making it a great investment for those who love to entertain. Around 80% of the price of the deck can be added to the value of the home.
A fence can provide privacy and security while enhancing the aesthetic appeal of your property. A fire pit or outdoor fireplace can be a cozy gathering spot for family and friends, while a pool can provide endless hours of entertainment during the summer months.
Upgrading Outdoor Features
Upgrading your outdoor features such as lighting, landscaping, and irrigation can also increase your home’s value. Outdoor lighting can improve the safety and security of your property while creating a warm and welcoming atmosphere. Landscaping can add curb appeal and make your property more attractive to potential buyers. Installing an irrigation system can make it easier to maintain your lawn and landscaping, which can be a major selling point for many buyers.
A swimming pool can be a great addition to a home and can add value to the property, but it’s important to consider the extra costs that come with it such as maintenance and insurance. If you have a family that enjoys swimming, or if your neighborhood has warm weather year-round, then it might be worth considering. However, if you live in a colder climate or if you don’t plan to use the pool frequently, it might not be worth the investment.
Garage Door Replacement
Another renovation that can add value to a home is replacing an old and worn-out garage door. It can improve the home’s curb appeal and security, and increase the overall value of the property.
In fact, according to recent reports, homeowners can recoup around 94% of the cost of a garage door replacement when they sell their home. So, if your garage door is outdated, damaged, or doesn’t work properly, it might be a good idea to consider replacing it.
Replacing Old Windows
Replacing old windows can greatly enhance the look of your home and add value to it. Old, drafty windows can deter potential home buyers and also increase your heating and cooling costs. Investing in energy-efficient windows can help you save money on your energy bills and make your home more attractive to buyers.
Finishing the Basement
A finished basement is a valuable addition to any home as it provides additional usable space. It’s important to ensure that the basement is properly insulated and protected against moisture damage. Finishing the basement can also increase the value of your home, with an estimated return on investment of 75%.
Upgrading Light Fixtures
Upgrading your home’s lighting fixtures is a simple yet effective way to add value to your home. Choosing the right lighting fixtures can enhance the look and feel of each room and create a warm and inviting atmosphere. It’s important to consider the design and function of each room when choosing the right lighting fixtures.
Choose Midtown Builders Group For Your Home Remodeling Needs!
If you’re in Atlanta, Georgia, and looking for a company that offers quality remodeling services, Midtown Builders Group is here to help. Our services include custom homes and home additions, and we’re dedicated to providing exceptional results that meet our client’s needs.
To learn more about our services or to schedule a consultation, you can contact Jeff Cain, our Owner, and President, at 706-457-0012 or send an email to Jcainmbg@gmail.com. You can also reach out to Todd Kimball, our Chief Operations Officer, at 770-500-9014 or send an email to firstname.lastname@example.org. We’re ready to help you achieve your dream home, so don’t hesitate to contact us today!