It's finally summer--the time of year when homeowners all across Connecticut embark on remodeling projects big and small. These 5 home remodeling projects can improve your enjoyment of your home and boost property values.
Kitchen Remodeling
Whether you're simply replacing a few fixtures and adding a new countertop, or bumping out the space and adding a breakfast nook, kitchen remodels run the gamut in terms of incurred expenses and possible outcomes. The trick to remodeling your kitchen is to avoid adding expensive features like gourmet, high-end appliances, because these changes rarely add enough value to property values to make up for the expense. If your remodel is done right, you can expect anywhere from a a 60-120% return on the cost of this major home improvement project.
Deck Addition
If you don't have a deck already, you should certainly think about installing one. Deck additions add immediate value by allowing homeowners to entertain guests through three seasons out of the year. Deck additions also have a dramatic impact on home resale values. You can expect an 80% return on investment for a successful wood deck addition, and a 62.8% ROI for composite wood decks.
Facade
If you're thinking about selling your home any time in the near future, one of your first priorities should be to boost curb appeal. Consider a remodel your home's facade. Expect a 70-80% return on investment for installing new siding, and a 100% ROI for installing a new steel front door. In addition to boosting your home's curb appeal and adding dollars to your home's resale value, this kind of remodel can help your home sell more quickly.
Bathrooms
A lot of Connecticut homes are older homes, and the bathrooms (fixtures, plumbing and amenities) are all older as well. Remodeling your bathroom can yield a 60% ROI if done properly. Remember that modern homebuyers value green upgrades, and will look for low-flow toilets, low-flow showerheads and fixtures made from reclaimed or recycled materials.
Attics
Attics are the undiscovered territory in many Connecticut homes. Converting your attic into a fully useable bedroom gives your home more flexibility so that its occupants can grow their own families. Attic bedrooms also impress your home's potential buyers because it increases your home's square footage. Altogether, attic bedroom additions have approximately a 73% return on investment, which makes them worth the money.
Remodeling is a smart thing to do at any time, but it's especially critical if you're thinking about selling your home in the near future. For more information about the kind of renovations that would be right for your Connecticut home, contact a trusted general contractor in your area. Contact Litchfield Builders, New Haven's premiere general contractors, for a consultation today.
