If you are going to renovate the house for resale, you must know that there are major renovations that would top the list. One would be major kitchen remodels that can have a return of investment of 75 to 85%. The function of the kitchen has definitely changed after a number of years and the kitchen must be able to meet these needs.
The buyers wish to envision themselves in a beautifully renovated kitchen where they will be able to see themselves prepare the meals for the family and friends and where kids can nestle into banquet as they do their homework or the guests mingling around that gorgeous island. The buyers would like to see this in their mind’s eye and know that such is attainable.
The big kitchen remodel would also demand the inclusion of a new floor plan for the improvement of such poorly designed work triangle. If the kitchen is updated, isolated as well as compartmentalized with an inefficient floor plan and layout, then you must not try to replace the cabinets and appliances in order to camouflage the problem. You must also know that it would be a great thing when you would add an island into the plans because everybody loves them.
You need to replace all of the cabinetry, the appliances, lighting, flooring, fixtures as well as finishes and the new French doors and windows that may grab the attention of the buyers. Since the baths and kitchens are the most expensive rooms that you must renovate, then the buyer would be thrilled that the work has been done for them already.
The home renovation project that may add value to the home is the family room addition. Know that the family room is known to be the second most popular area in the home after the kitchen. If you add 400 sq. ft. of bright as well as cheery living space, this will surely help improve the home’s value. You may increase the overall height of the space and introduce that vaulted ceiling. Making a sense of volume would quickly make the room feel more spacious. You can consider the details and add those beautiful French doors, skylights or the floor to ceiling windows to flood the new space with light and to maximize a view. You can also add a deck if you like.
You have to understand that the deck additions are quite important investments to get these days. They are going to transition the home’s interior to the exterior and add a living space at once. Know that such deck addition can have 72 to 95 percent return of investment. This is really something which the homeowners would like to have for their house.