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How to Get the Most ROI on Your Home Remodel

HomeBusinessHow to Get the Most ROI on Your Home Remodel

Anytime that you take on a new home remodeling project, you have a few different goals that you need to balance. First and foremost, there is your budget and time, which will determine what is possible. Then of course, there are your priorities for your house as far as the amenities you use and what will improve your life. And finally, there is what will give you the most return on investment when it comes time to sell. Here are a few tips that will help you get the most ROI on your home remodel.

Fix Up Your Kitchen

The first way that you can get the most ROI on your home remodel is by fixing up your kitchen. The kitchen is one of the most important rooms in the home for any buyers, as few rooms get as much use as the kitchen. Having a large, beautiful kitchen with good storage, great appliances, awesome lighting, and a fun design is a major selling point that buyer will absolutely love. This can increase the value of your home by tens of thousands of dollars. Don’t remodel your home without touching at least part of your kitchen.

Finish Your Basement

Another great way to get the most ROI from your home remodel as possible is to finish your basement as part of the project. An unfinished basement is simply an opportunity to increase the value of the home for pennies on the dollar. Remodeling your basement can give you more space in your home for guests. By taking an unfinished basement and putting up a few walls, you can create hundreds or even thousands of feet of living space that was previously unusable and increase your potential sales prices by some unbelievable numbers.

Redo Your Bathrooms

The final thing that you should do to get the most ROI on your home remodel is to redo your bathrooms. Next to your kitchen, the bathrooms are also going to draw a lot of attention from future buyers. Make sure that you are updating the plumbing as well when you remodel, so that your bathroom doesn’t look nice but has rusted or broken pipes on the other side of the wall. Keeping your bathrooms in good shape almost always pays off for homeowners.

Getting a high ROI on a home remodel is all about making the proper choices. If you want more ROI, simply make the choices that align with your goals. These three remodel projects are great ways to boost your ROI and increase your home’s value.

Check out this article on how to remodel your home with sustainability in mind!

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