A recent survey showed that around 66% of homeowners are planning to renovate their homes, and 35% of these home remodeling jobs were for entire houses. Are you planning to renovate because you just moved into a fixer-upper? Or, if you’ve lived there for a while, you may realize it’s time to revitalize your kitchen, master bathroom, or finish that basement.
It’s also possible that you want to renovate your house prior to contacting a real estate agent. Whatever reasons you may have for choosing to remodel, there are probably a variety of home improvements that are on your list.
Kitchen Remodels and Updates
Around 76% of homeowners are planning to change their kitchen’s style. These might include new cabinets and appliances as well as a well-lit breakfast nook. You may be interested to know that even a minor kitchen remodel can bring an average return on investment of 82.7%.
Bathroom Remodels and Updates
When upgrading their homes, 90% of homeowners are planning to change the style of their master bathroom. In addition to increasing shower size, adding a backsplash and new vanity, new lighting is also a popular choice. These types of projects can bring an 86.4% average return on investment.
Recreation Room Additions
When having a custom home built, the “2016 U.S. Houzz and Home” survey showed that 68% of these homeowners are planning to add a recreational space. Approximately 29% of these homes include a gaming as well as an entertainment room. Chances are that these homeowners are including home theater installations at the top of their lists.
Does your home have an unfinished basement? The National Association of Home Builders conducted several surveys that found basement remodeling has become a popular renovation project. These can be refinished into guest bedrooms, recreational areas, and serve other purposes, such as artist studios and workshops. On average, basement remodeling can bring a return on investment up to 70%.
Discuss Your Ideas for Home Remodeling Renovations with a General Contractor
Are you in the process of deciding which room in your home to renovate first? If you’re planning to sell your house in the near future, consulting with general contractors can make a significant difference. Given their experience in the field, they will be able to assist you with determining which renovations would bring you the greatest return on your investment.
When you’re planning to stay in your home for years to come, general contractors can provide you with excellent ideas on space usage and other home remodeling recommendations.