While renovating your home obviously has a large upfront cost, it can also boost the return on investment of your house. Things like wood decks, window replacements, and kitchen and bathroom upgrades are just a few remodels that tend to generate the highest ROIs. Give the team at TMB Custom Builders a call for home renovations in Denver.
Home Improvement Renovations that Pay For Themselves
Kitchen Remodel
Kitchens are the heart of the home, the place where everyone gathers, and the ideal place to entertain. If you are willing to invest a little more in your kitchen, then expect a fairly decent return. A major kitchen remodel, which could cost as much as $50,000, could bring a return of about $37,000 in the dollar increase for your home’s resale value.
Bathroom Remodel
In addition to the kitchen, the bathroom is another area in your home where you can tell if money has been well spent or not. Bathroom remodels have the potential of getting steep in cost, but oh, is it so worth it. It is good to keep in mind that if you only have one bathroom, say, in a four-bedroom home, then it could be worth considering adding a second bathroom instead.
Deck Addition
If you have the room for it and are willing to give up some yard space for a neat outdoor gathering space, your decision is sure to pay off. A nice wood deck provides a decent value for your money, seeing as you’ll increase your home’s resale value by as much as $7,000. Plus, you’ll have a great place to relax all summer.
Install New Roofing and/or Siding
Roofs are a particularly frustrating thing for homeowners to have to deal with. If you can repair your roof — only replace it if you really need to — before listing your home, you’ll give potential buyers a solid reason to consider the house. Siding, another hefty investment, is another improvement that buyers love to see because they don’t want to be the ones who have to go through the process of getting the siding replaced or repaired themselves.
Final Thoughts
When contemplating any remodeling project, remember that bigger isn’t always better, and spending more money doesn’t always mean that the outcome is going to reflect the value. Furthermore, home prices will almost always reflect the taste of local property buyers and the amount those buyers are willing to pay in a particular neighborhood or subdivision. That being said, when you want to remodel your home, give the home renovation contractors at TMD Custom Builders in Denver a call.
At TMD Custom Builders, we have personalized solutions to your needs, whether you're looking to renovate your home or build your customized home from scratch. Contact us and we will build your dream home in Denver.