Posted on: 2 April 2015Share
Spring is finally here. The weather has taken a turn for the better, and all the small things you let slide because it was too cold to take action are glaring at you, waiting to be completed. It is also the season for tax refunds. Why not take that refund money and invest in updating your home?
It's proven that remodeling the right areas of your home can increase your home's resale value. According to U.S. News & World Report a home office renovation could generate a 43% return while a kitchen renovation could generate a 66% return. You will get the biggest bang for your buck by:
- Updating your kitchen
- Adding or improving your outdoor entertainment space
- Giving your house a small facelift to increase curb appeal
1. Remodel Your Kitchen
Depending on how outdated your kitchen is, this project can get terribly expensive. If you are working on a tight budget, you can do minor work that makes a major impression. You could invest a little and reface the cabinets, update the sink and faucet, replace countertops, and get new flooring. If you do have more money to work with, consider a deep remodeling project. Common options include replacing all the cabinets and countertops, adding new appliances, updating the lighting, and re-tiling your floor.
2. Add Outdoor Entertainment Space
If you don't already have a deck, you should discuss adding one with a contractor. A high-quality deck will provide a space to spend warm summer nights with family and friends. Similarly, a patio will give you a space to put a high-quality grill or even a fire pit. Enclosing a deck or patio is a great way to add additional living space to your home.
3. Refresh the Front of Your Home
Refreshing the front exterior of your home could include simple projects that provide a great return on your investment. You could replace the front door, plant new foliage, and update the walkway. Though you want to take some cues from your neighbors, this area of your home showcases your individuality and style. This is also the first area a potential buyer will see, so make sure it stands apart.
A contractor will be able to help you decide which project is best to tackle. They can base this on the amount of money you are willing to invest and the amount of time you have. Even if you do not plan on selling soon, making these changes now will save you time and money in the future. Talk to experts like Lehman Construction Services Inc for more information.