Which Home Renovation Projects Offer the Best Return on Investment?
The biggest problem with renovating your home isn’t deciding whether to do it or not, but where to invest your money. Not knowing whether your investments will pay off is even worse, so you need to pick projects to invest in carefully. If you’re still unsure which ideas will pay off in the long run, here are five ideas you should explore.
This is one of the cheapest projects out there, but it’s also more than valuable. Repainting your home shouldn’t take more than a couple of days, and it doesn’t cost too much, but the end result is amazing. You can easily do this on your own, so just choose the colors you like, invite a couple of friends over to help you, and you’re good to go! If you choose your colors wisely, you’ll instantly turn your home into a nicer and more welcoming space, and that’s something we all need.
Fixing the bathroom
This is where you spend a considerable part of your day, and while the bathroom doesn’t need to be the most spacious room in your home, it certainly needs to be the coziest. That’s why investing in a new bathroom can really go a long way – this will turn this space in your own private sanctuary and give you a spa-like experience you surely deserve. What you need to do is install a new free-standing tub, maximize your storage space, add some scented candles here and there, and bring in a few plants that will introduce a dose of nature into your bathroom.
Spice up the living room
This is another area where you probably spend most of your time, hanging out with your family, entertaining your guests, or enjoying your afternoon nap. These are the reasons why the living room needs to be visually appealing and comfortable, so don’t be afraid to invest in some new furniture, high tech gadgets, as well as new windows that will bring in more natural sunlight and fresh air into your living room. Take it all to the next level by adding some intriguing Persian rugs that will transform your living room into the most exciting room you’ve ever seen and the focal point of your entire home.
If you’re planning on selling your home sometime soon, this is a project that definitely deserves your attention. Buyers generally love new or at least recently-remodeled kitchens, and they don’t have a problem paying for them. Therefore, find a couple of ideas you like and start implementing them into your kitchen little by little. Replacing your countertops, repainting your cabinets, and installing a new kitchen island are just some of the things that will boost the value of your home and make you happy you’ve made these investments.
Check your floors
This is something we usually don’t pay attention to until it’s too late, but the fact is that most floors could use some touch-ups from time to time. So, check your floors thoroughly, see if they’re sloping or maybe sagging, and decide whether they require your attention. You can also install completely new floors into every room of your home and make sure they’re perfect. Just pick your materials – most people go for hardwood or laminate floors, but you can also opt for tile, stone, concrete, bamboo, cork, vinyl, and lots of other ideas – and give your floors a new life.
None of us love investing too much money into our homes because we can’t be sure what’s going to pay off, so start with these five ideas and find more safe investments along the way. In addition, you can get help from a professional renovation contractor.