Four Home Renovations That Are Actually Worth It
With house flipping being the new American pastime, nowadays home renovations are a dime a dozen. But is the juice actually worth the squeeze? It all depends. Some renovation projects can significantly increase your home’s resale value, while others will yield a much lower return on investment. Based on the average cost and average ROI, these four home renovation projects are the most worthwhile in terms of adding value to your home.
- Master Suite – The average ROI for a master suite is just north of 60 percent, making this upgrade a wise financial investment. There’s also a pretty good chance that the person who buys a home will be the one sleeping in the master bedroom, so having a luxurious and inviting master suite is a surefire way to entice a potential buyer.
- Kitchen Upgrade – It’s not surprising that kitchen upgrades yield a considerable ROI. After all, the kitchen is among the most important and frequently used rooms in any home. And, just upgrading your cabinets or replacing your appliances won’t cut the mustard. Potential home buyers are looking for kitchens with ample space, so if your kitchen feels cramped, you may want to consider expanding.
- Deck – These days it’s all about outdoor space. If your home lacks this critical asset, it would be wise to add it before putting your home on the market. Experts say that a custom-made deck can recoup as much as 80 percent of the initial investment, making this one of the smartest home renovations.
- Bathroom Upgrade – While bathroom upgrades yield an ROI of closer to 50 percent, they’re still an incredibly popular home renovation to make. Bathrooms are frequently used and are very personal spaces, so the more functional, appealing, and comfortable you can make them, the more they will do to sell your home for you.
Partner with Frey for Home Renovations in Verona, WI
For all your home improvement needs, including kitchen and bathroom renovations, decking construction, basement finishing, and more, turn to the pros at Frey Construction. For more than 20 years, we’ve provided Verona, WI, homeowners with quality products, expert installation, and friendly customer care. To ensure your next home remodeling project is a success, partner with Frey and enjoy the peace of mind that comes with our 15-year workmanship warranty. Contact us today to get started.