Are you thinking about doing some updates to your home? Are you wondering what will give you the best bang for your buck? Here are the top 6 home improvements that pay off and add value to your home.
Bathroom Remodel
Average Return: 102 Percent
A bathroom remodel is an excellent investment. Consider re-caulking tubs and showers, replacing old shower doors and fixtures, or painting. Or, take it a bit further and replace tile flooring, give your vanity a facelift with new tops and cabinetry.
Whether you do a complete overhaul or a small bathroom remodel, you’ll see great returns.
Curb Appeal
Average Return: 100 Percent
Give your home some curb appeal. Spruce up the landscaping. Replace overgrown shrubbery with flowering plants. Be sure to mix heights and colors for dramatic effect. You can even add a splash of color on the front door.
Kitchen Remodel
Average Return: 98.5 Percent
Kitchen remodeling is one of the top home improvements that pays off. If you want to add significant value with the best average return on investment, update or renovate your kitchen. Depending on your budget, you may want to consider the following minor updates:
- Refacing Cabinets and Drawers
- New Appliances, Sinks, and Fixtures
- Countertops
- Flooring
- Recessed Lighting
Note: If you choose to do a major kitchen remodel, the return investment is around 91 percent.
Exterior Improvements
Average Return: 95.5 Percent
Exterior improvements such as new vinyl siding, paint, new doors and windows, or giving your front porch a dramatic makeover can increase your home’s value.
Note: Have someone check for lead paint if your home was built before 1978 before sanding or scraping.
Basement Remodel and Room Additions
Average Return: 90 Percent
Consider finishing or re-finishing your basement to add value to your home and to add more family space. You can expect to get around 90 percent return for this project. Here are some ideas and things you need to know before you finish a basement.
Create additional space for you and family to relax and enhance your home’s value with an outdoor living area or sunroom. Consider additions such as an outdoor fireplace, living room, kitchen, or covered patio.
Bedroom and Living Room Updates
Average Return: 52-66 Percent
Transform your master bedroom into a luxurious oasis you will never want to leave. Change out old fixtures, install new flooring, make any wall repairs and add a fresh coat of paint, or add window treatments.
Freshen up the main room in the house, the living room. Here are just a few ideas:
- Install New Floor or Refinish Old Flooring
- Update an Outdated Fireplace
- Install New Windows
- Add New Lighting Features
- Repaint
Home Improvements that Payoff
Are you ready to get started making home improvements that payoff? Do you need to find a construction company near you for your new home or a general contractor for your remodel project? If you’re in the Northwest Arkansas area, call us! CLW Construction Services is experienced in home renovation, new home building, and commercial property remodeling.