Did you know that 55% of homeowners plan to renovate their home in 2022? Renovations have the ability to transform your home and make it a more comfortable place. While all remodeling projects add value to your home, some add significantly more than others. If you’re hoping to increase the home value of your home, you must be wondering what remodeling projects retain their value the most. We get this question all the time, so we decided to create a list of the top home improvement projects that will most benefit your home’s value. Keep on reading below to find out what these projects are:
Kitchen Remodels
Of course, kitchen remodels are one of the best remodeling projects that retain their value. Creating a beautiful and fully functional kitchen will add more than just value to your home; it adds enjoyment to everyday activities, such as cooking, entertaining, and simply spending time together with family and friends. Potential buyers also see this intrinsic benefit. One of the top features home buyers look for in homes are kitchens. In fact, 80% of buyers in the market consider a newly finished kitchen as one of their top influencing factors in selecting and valuing a property. It’s the heart of the house, and a home with a beautifully renovated kitchen will always attract heaps of buyers.
Bathroom Remodels
Bathroom remodels are another great home improvement project that retains its value the best. The bathroom is one of the places in a home that gets the most foot traffic, so if you can make this space more pleasant, it’ll attract potential buyers. You will want your bathroom to be both functional and stylish to maximize your investment. When deciding on how much to invest in your bathroom remodel, we recommend considering the type of buyer you’ll eventually be targeting. Believe it or not, going big isn’t always the answer. At SCCCI, we can work with you to plan out a kitchen remodel that fits your budget. Our knowledgeable team can also give you tips on what type of bathroom remodel will help you retain the most value possible!
Window Replacements
Window replacements are always a smart way to go if you’re looking to boost the value of your home. While new windows have a high return on investment, you can boost the return even more by going with energy-efficient windows. Unlike regular windows, energy-efficient windows offer homeowners a long list of benefits, such as more comfortable indoor environments and decreased energy bills. The US Department of Energy reports that windows are responsible for 25% – 30% of a home’s heating and cooling costs. So, whether you are thinking of selling or not, this home improvement project will benefit you regardless!
Front Door Replacements
While a front door replacement may not seem like a big deal, it’s actually one of the top projects that best retains its value. Apart from improving your home’s exterior appearance, there are many other reasons why front doors are a smart investment, such as increased home security and energy efficiency. The average return on investment (ROI) of replacing your entry door is 75%. Your front door is the centerpiece of your home’s exterior, so it’s a vital part of your home’s overall curb appeal. Undoubtedly, your front door will impact how buyers and visitors perceive your home, so having a front door that offers a “wow” factor is a smart move.
Remodel Your Home with SCCCI
Renovations are often expensive, but they don’t all add the same amount of value to your home. For that reason, it’s important that you focus on the project that will retain their value the most—such as kitchen remodels, bathroom remodels, window replacements, and front door replacements. We hope this blog helps you see what remodeling projects retain their value the most. If you’re unsure about which project to go with, our expert team at SCCCI is more than happy to analyze your situation and select the best project for your home. We can tackle any remodeling project, so when you are ready to start, call SCCCI at (800) 413-3333 or click here for a FREE estimate!
