With inflation on the rise and home sale costs surging, many homeowners are opting for home remodels over buying a new house. Even those putting their homes on the market want to maximize their profits so they embark on a few upgrades to crank up the resale value of the property.
Either way, it’s important to know what home improvement projects can yield good returns. Home remodels and upgrades are not cheap, after all. We can help.
J. Schwartz, LLC, is an award-winning remodeler and custom home builder with over 20 years of experience in high-end residential remodels, renovations, and additions. If you’re considering home improvement in Delaware County this 2022, here are our top projects that can provide the best ROI.
New strains of the coronavirus keep popping up, so yeah, it’s likely many of us would still be working remotely this year. Having a home office is becoming somewhat of a necessity for the modern homeowner. Potential homebuyers will definitely appreciate a home with a dedicated office space. If you’re hesitant to convert a full room into a home office, your contractor can create a multifunctional space. You could also consider a new addition if there isn't enough room for an office space.
According to the 2021 Remodeling Cost vs Value report, replacing your garage door can give you up to 93.8% ROI. Price-wise, this project is on the lower end, but it makes a strong impact. A new garage door improves security and upgrades the facade of the house. These can easily translate to increased property value.
Another home improvement with a potential ROI of over 90%. Manufactured stone veneers provide a home with an elegant texture and classy appeal. Installed properly, these veneers are immediate focal points in the general architecture of the home.
Adding a wooden deck to your property can be a great way to ramp up its value. Outdoor living is a huge deciding factor among many potential homebuyers. Maximizing your outdoor space can give you a return of over 65% with a new wood deck, according to the Remodeling report. Even composite deck additions are a great option with a potential return of over 63%.
Many older Americans are choosing to age in place. The demand for homes with accessibility and mobility upgrades, especially in the bathroom, is on the rise. These upgrades include wider hallways and doorways, conveniently placed grab bars, recessed thresholds, accessible doors and windows, and more. Older people looking to buy a home will definitely be attracted to these upgrades, which in turn can mean more returns for you.
Replacement windows are great for improving indoor energy efficiency, as well as revitalizing an old, worn-looking home facade. Many newer windows also offer improved noise reduction and lowered light intensity. These are features any homeowner will appreciate for years to come.
If you’re planning to stay in your house over the next few decades, you can never go wrong with a kitchen remodeling project. In some cases, the changes don’t even have to be extensive. Minor kitchen improvements can still yield a high ROI. Examples include replacing the countertops, repairing the walls and ceilings, adding more storage space, and more.
Are you planning to spruce up your home this 2022? J. Schwartz, LLC the home improvement expert to call. We pride ourselves on setting new standards when it comes to high-end remodeling and renovations in Delaware County. We also offer professional energy audits and efficiency reports for homeowners across Pennsylvania.
Get in touch by calling 610-644-6700 or through our contact form. You can also reach us via email at firstname.lastname@example.org.