Do you have any remodeling projects on your personal radar? Maybe, for example, you’re planning to sell your home this year and want to put a brighter and shinier face on it. Or maybe you just need a change and finally have the budget to execute your plans to the fullest.
Whatever your motivation might be, investing in your home is never a bad idea. But be warned – not all remodeling projects are created equal. If selling is on your radar now or in the future, here are 6 projects that will give you a space you can enjoy now, and still deliver a good return on investment when it’s time to move.
Finish or remodel the basement. Instead of moving out, many families are opting to make better use of the space they already have. Consider turning your basement into an entertainment area complete with a mini home theater. If you have the space, a basement home office will let you work away from the hustle and bustle upstairs. Thoughtfully designed, a finished basement offers about a 70% return on your investment.
Age in place. With Americans choosing to continue living in their homes longer and longer, the demand for more convenience-oriented homes continues to rise. Features such as wider doorways, flush thresholds and lever-style doorknobs will not only make an older family safer and more comfortable, but should bring a 65-70% return on your investment.
Add outdoor living space. A well-designed deck or patio is a great way to extend your living and entertaining space. Whether it’s a stone patio with built-in fire pit, or a composite or solid wood deck, you can expect to recoup about 65% of your investment.
Insulate the attic. One remodeling project that not only offers a 100% return but continues to pay month after month in reduced heating and cooling costs is attic insulation.
Build a master suite addition. A master bedroom suite is one of the top must-haves for today’s homebuyer. If you’ve been feeling a little cramped, perhaps it’s time to build the master suite you’ve always dreamed of. Expect to spend anywhere from $50,000 on up, but when it’s time to sell, you also can expect to recoup 65-80% of the total construction cost.
Upgrade your entry door. Your front door sets the tone for your home’s interior. So, if you want another’s first impression to be welcoming instead vs. old and neglected, here’s another upgrade to add to your list. Whether it’s solid wood or steel, a new entry door offers about a 90% return on investment.
You also can’t go wrong with a new home heating or cooling system, especially if yours has seen better days. Or, maybe a simple repair is enough to restore some of its previous efficiency. Contact Optimum Air today we’ll do exactly what’s needed to provide a reliable stream of conditioned air, all year long.