Kitchen Remodel
Often considered the heart of the home, the kitchen holds great potential when it comes to boosting property value. According to Remodeling Magazine, a major upscale kitchen remodel can recoup up to 54% of costs upon resale. This includes custom cabinets, stone countertops, professional-grade appliances, designer fixtures, and other high-end features. Not only does a kitchen remodel provide a better cooking and living experience for you, but it also is a major selling point for potential buyers.
Bathroom Upgrade
Luxurious bathrooms stand out as a top selling feature on the property market. Universally liked for their comfort and elegance, they can offer up to a 60% return on investment, according to HomeAdvisor. Think of high-end elements like a freestanding bathtub, frameless glass showers, marble vanities, and radiant floor heating. These upgrades can transform a regular bathroom into a private spa retreat worth the investment.
Outdoor Living Spaces
Inviting outdoor spaces have become a must-have for homeowners in recent years. Personally, I think it is a result of the pandemic lockdown. People needed a safer way to entertain, and outdoor spaces fit the bill. These spaces can range from sophisticated outdoor kitchens and inviting fire pits to retreat-like garden gazebos. Post-pandemic, sunrooms, covered and screened decks, and great rooms with plenty of windows to let in natural light have become popular, too. According to the American Institute of Architects, investments in outdoor living spaces are sought after among potential home buyers.Innovative Smart Home Features
Modern homeowners value convenience and automation. Introducing smart home technology can increase a home’s appeal to younger, tech-savvy buyers. Automated home systems like advanced home security, smart lighting, and programmable thermostats, not only provide comfort and potential energy savings for you in the short-term, but also add value to your home. These savvy tech upgrades have an estimated return on investment (ROI) of 50-60%, as reported by HomeAdvisor.High-End Energy-Efficient Upgrades
Energy efficiency is not just a trend, it’s a movement. High-end energy-efficient upgrades including solar panels, geothermal heating, and high-efficiency windows can increase savings and reduce carbon footprints. According to Energy Star, homes with these green upgrades are sold for up to 9% more than homes without such upgrades.
The LBK Way
A well-planned and carefully executed remodeling project offers better living for you now while simultaneously boosting your property’s value significantly down the road. Upgrades and renovations done right will guarantee an impressive ROI when it’s time to sell, while you enjoy the beauty of your investment every step of the way.
Contact us to schedule a consultation to discuss your ideas and to learn how our simple remodeling process can help you get the kitchen, bath, or any other room of your dreams.