One of the most important aspects of any home renovation project is understanding ROI, or return on investment. To help you understand how each type of project will affect your wallet, we have created a list of profitable home renovations that are sure to give you the highest ROI possible! Keep reading for more information on these projects and what they can do for your home.
Kitchen Renovation
A kitchen renovation is a great way to improve the function and appearance of your home all at once! Kitchen renovations can return up to 79% of the investment, making it one of the highest ROI home projects projects you can undertake.
Adding Wooden Windows
One easy way to add value to your home is by replacing outdated or damaged windows with beautiful wooden ones. Wooden windows offer a timeless look that will never go out of style, and they can also increase the efficiency of your home by keeping out drafts and improving insulation.
Garage
Adding a garage may not seem like the most exciting project, but it can be one of the most valuable! A garage extra storage space as well as much needed parking space. These can increase the value of your property!
Basement Remodel
Another option that is sure to give you a return on investment is a basement renovation. Basements are often underutilized and wasted storage space, but with some simple renovations like an extra bedroom and bathroom they can become valuable living spaces! A well done basement remodel has been known to add 55% more equity than their initial investment.
Adding Attic Insulation:
One easy way to save money on heating bills next winter is by adding insulation in the form of blown cellulose or spray foam insulations . Not only will this project help keep heat where it belongs (inside) but it also helps improve energy efficiency for your home which can add up to a savings of 20% on your energy bill, making it a very profitable home renovation project.
Sell Your House To Us & Forget About Home Repairs
Although all the renovations mentioned before increase your home values, most of them can be very costly. If you want to rent or sell your house, you want to make sure everything is maintained and in shape.
This is why selling your house to a house buyer company is the best option if you want to save all that money and gain more instead!
Looking for home buyers in Dallas to sell your house fast? We at We Love Dallas Homes are a home buyer company regardless of your house conditions! By selling your house to us you’ll have a stress and expenses free experience. Please feel free to contact us for more information!
