The costs of home improvement projects can make them seem like a drain on finances. However, if you consider the house as an investment, then improving it makes sense. You want to focus on projects that increase the value of your home. These three home renovation projects all offer a high return on the initial investment, making them a good value if you are looking to recover some of the costs.
- Remodel the Kitchen
Whether you are an amateur — or even professional — chef or you are more likely to pick up takeout than boil water, the kitchen is often the heart of a home. It should come as no surprise, then, that kitchen renovations have some of the highest returns of investment of any home improvement projects. That is especially true of minor overhauls such as replacing appliances and upgrading counters and plumbing fixtures. You can boost the return by doing most of the work yourself and then hiring someone for dishwasher installation Washington DC.
- Claim Unfinished Space
Adding finished space to a house immediately increases its value. You don’t have to actually add on to an existing structure to do it, either. Most homes have some areas that are seriously underused. It might be a basement that is currently dark and dreary or an attic that gets too hot in the summer. Luckily, those issues are easy to overcome if you have the right knowledge and tools.
- Add a Bathroom
Homes with a single bathroom were popular up until the end of the last century, but that is no longer the case. Homes now routinely have three or more bathrooms to accommodate each family member’s needs. That is why carving out space to add an extra bathroom, whether it is for guests or attached to a bedroom, can help bolster a home’s value.
If you are looking for home improvement projects that have a good ROI, adding finished space and updating the kitchen and bath are good places to start.