Whether you want to sell your home in a few months or a few years, the right renovation and remodeling projects can increase its value significantly. Here, review some of the top value-adding projects before discussing ideas with your residential construction company. All can increase interest from buyers, which can help drive your profits.

What Remodeling Projects Have a High ROI?

1. Garage Addition

Does your property currently lack a sheltered parking space? Consider installing a garage. These additions offer a return on investment (ROI) of nearly 64%, while also helping protect your vehicle from the elements for however long you remain at the residence. If you already have a garage, a new door comes with an ROI of 98%.

2. Deck Installation

Ask your residential construction company to install a deck on the back or side of your property depending on its layout and location. Decks serve as extensions of the home that promote relaxation and fun with family and friends. Your projected ROI depends in part on the material you choose. For example, a wooden deck offers a return of about 72% while a composite deck enjoys a 65% ROI.

3. Kitchen Remodel

If your kitchen needs more preparation and storage space, add an island to the center of the room. You should also consider upgrading to energy-efficient appliances to save yourself and any future owners from high utility bills. Minor kitchen remodels recoup about 80% of their costs since the room is regarded as the “hub” of the home and can sway buyers to make a bid or look elsewhere.

4. Bathroom Remodel

Turn your bathroom into a more functional, practical space to enjoy a 72% to 130% return on investment. Energy-efficient appliances again make welcome additions to bathroom remodeling projects, as does turning a standing shower into a tub or creating recessed shelving that doesn’t take up floor space. If you want to expand your bathroom, consider using nearby hall closets or guest rooms for space.

 

Make your home improvement dreams a reality with services from Lind Construction. The family-owned residential construction company in Lincoln, NE, specializes in decks, bathroom and kitchen remodeling, and custom cabinets, among other services. Call (402) 937-3828 today for a quote or visit them online to review past work. Get more remodeling tips on Facebook.