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Which Home Improvements Bring the Highest Return on Investment?

If you’re considering remodeling your home, you probably have a number of reasons why. Maybe you just had a new baby and you want to add an addition to create more liveable space. Or maybe you’ve realized that the layout of your current kitchen just isn’t meeting your needs so you want to customize it to your specifications. No matter the practical reasons, you probably have another concern in the back of your mind: Return on investment (ROI). Every homeowner wants to increase the value of their home, and renovations can be a great way to do that. However, not all renovations are created equal. Find out which projects will add the most value to your home in today’s blog, below.

return on investment

Thinking about a renovation? Some projects will bring a higher return on investment than others.

Kitchen remodel

The kitchen is the heart of the home and because of this, people are willing to put a premium on a beautiful kitchen. Because tastes have changed so much over the course of the past few decades, if your kitchen has never been remodeled then you’ll likely see a good ROI by investing in a kitchen renovation. Homebuyers are especially drawn to open-concept kitchens, so you’ll be more likely to sell quickly if your new kitchen is open and airy. Remember that when it comes to resale, you should always be careful to go with neutral renovations that will be universally enjoyed rather than bringing the design up to your unique tastes.

Bathroom addition

As a general rule, homebuyers want an almost equal number of bedrooms and bathrooms. Long gone are the days when a 3 bedroom, 1 bathroom house would suffice! If you own an older home with only one or two bathrooms and significantly more bedrooms, adding an additional bathroom will be a great investment and will likely cause your home to sell faster.

Front yard landscaping

While not technically a renovation, putting some time and money into beautifully landscaping your front yard will likely yield a high ROI. Even a simple and inexpensive update will improve the curb appeal of your home, so it is a great way to spruce up your home and make it more appealing without breaking the bank.

Get In Touch With C.C. Dietz, Inc Today

Are you interested in learning more about renovating your home? Contact C.C. Dietz! If you’re ready to get started on custom home building, we’re here to help. If you’d like to schedule a free consultation, please contact us by calling 717.755.1921 or visit our website! Also, be sure to follow us on Facebook, Twitter, Google+, and LinkedIn.

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