When doing any form of renovation, you should expect a decent return on investment. Many people tend to be a bit hesitant when it comes to such ventures because of the cost and energy required for good results. If you’re still not sure about the benefits of a remodel, familiarizing yourself with such projects can be a good way to make a final decision.
Quick Remodeling Numbers
The kitchen is one of the most popular places to remodel, as most buyers pay special attention to this area when inspecting potential purchases. You can invest in a full kitchen remodel, with the ROI currently at around 59%. You may want to focus on this area to get a better selling price when looking to put your house on the market.
The master ensuite is also another area that works best for homeowners looking to sell, as they have a 50% ROI.
Hardwood flooring
Hardwood is a great option regarding materials as it has the highest ROI capped at 106%. Incorporating this option guarantees an enhanced resale value, but it’s essential to ensure that its installation is properly conducted.
Insulation and heating
Replacing the heating and cooling system will have an 85% ROI, while an insulation upgrade will have an 84% ROI. Hiring a Remodeling Contractor to address these areas is recommendable as they require a proper level of expertise to set up appropriately.
For the best remodeling services in the industry, call us today! Exponential Construction is your preferred contractor.
