Projects that Increase Your Home Value the Most

If you are looking to sell your home in the next few years or want a fresh update, you’re probably considering which home renovation projects should take priority and will add the most value to your home. It’s important to distinguish the difference between the tasks you think are most beneficial versus the projects potential homebuyers are most attracted to. At Northshore Renovations and Contracting in Madisonville La, we’re here to help update your home to add value to your life and property. So, what are those projects specifically? Here is our list of the top valuable home improvements you can make.

Bathroom Renovation Projects 

Bathroom renovations can add a lot of value to your home (a 70% return on investment, statistically), but it comes with a cost. Spending too much time or money on your bathroom renovation drops your return on investment to nearly 50%. The projects that are the most valuable home improvements to your bathroom include updating fixtures, tile, lighting, and countertops. Another top renovation for your bathroom is to add accessibility features like walk-in showers, wide doorways to accommodate wheelchairs, and support bars. 

Kitchen Renovation Projects 

Kitchen renovations also add value to your home. Just like a bathroom update, however, it’s important to focus on projects that come with the best returns so you get the most value for your investment. When it comes to kitchen updates, replacing appliances like energy-efficient stoves, sinks, and refrigerators can do a lot to add value. Other updates that provide good returns are adding backsplashes, replacing countertops, and updating kitchen cabinets. 

Decks and Porch Renovation Projects

Additions to your home’s exterior provide valuable returns on your investment. Adding wood decks will provide the best return, with a return on investment rate of over 80%. Standard wood decks typically range from 16 feet by 20 feet, although the right deck for you will depend on the size of your home. Northshore Renovations and Contracting in Madisonville, LA, can provide you with an accurate quote on adding a wood deck to your home. Visit our website to get a quote! 

Painting 

Painting may be one of the simplest and least expensive ways to add value to your home. Plus, updating the paint in your home’s interior boasts a 107% return on investment. However, paint jobs only add value if you make sure they’re done right. Taping, preparing surfaces, and using high-quality paint all factor into how much a new coat of paint will add value to your home. 

Replace flooring

Modern home buyers are very interested in the flooring that will come with a new home. If you already have hardwood floors in your home, consider resurfacing them to keep everything looking brand new and protect floors from damage. If there is carpeting in your home, consider replacing it with vinyl, laminate, or hardwood floors.

Update your home with Northshore Renovations and Contracting

We offer renovation services for many of these projects. Our team helps homeowners in Madisonville, LA, Mandeville, Covington, and beyond. Call us today at 985-845-3640 to get started. Or, visit our website to request a quote on your next home renovation project.