Home remodeling projects continue to surge in popularity as more homeowners strive to create a space they love. Of course, improved aesthetics aren’t the only benefit of home renovations. Renovating your home is a fantastic way to increase its value, too. In fact, according to Architectural Digest, remodeling projects boost your ROI by an average of 69%. This article will cover how working with home builders on remodeling projects can improve your property value.
Energy Efficiency
The world continues to strive to reduce energy usage, and one way people are doing that is by making their homes more energy-efficient. Home remodeling projects often include upgrades like modern insulation, energy-efficient windows, and programmable thermostats. These features can help you save a lot of money on your energy bills, thus boosting your property value.
Functionality
Remodeling projects that make your home more functional instantly open your home to new buyers’ markets. For example, wider doorways make your home more accessible to individuals with mobility issues. A double vanity install during a bathroom remodel makes your home more appealing to buyers who have large families. Buyers are willing to pay more for homes that are functional for their specific needs.
Bathroom Remodels
Bathroom renovations are one of the main areas people invest to increase property value because there are so many excellent options. Home builders can install safety bars to increase accessibility. Low-flow toilets and shower heads offer better energy efficiency. Powder blue walls are especially popular with buyers. Additional storage space in a bathroom makes it more appealing to large families. The possibilities to improve your home’s value via a bathroom remodel are practically endless.
Additional Living Space
Home builders can work with you to give you the living space any family needs. A finished basement can quickly provide your household with a home bar area, extra bedroom, or rec room. Additional square footage is a great way to increase property value, as buyers will love the practicality offered by extra space.
At Norman Builders, we understand the importance of increasing your property value with your home renovations. Our team of home builders specializes in whole-house renovations, kitchen and bathroom remodeling, room additions, finishing basements, and more. Contact us today if you’re ready to discuss your home renovation project.
