Best Home Renovations for ROI

Money well spent when upgrading your home is the key to any well-funded budget. At Wood Construction LLC we want our customers to allocate their hard-earned money toward home renovations and improvements that provide the greatest return on their investment. Here are some of the top home renovations that you should consider.

Bathroom Remodels (up to 103%): Both minor and major bathroom improvements are big winners when it comes to returns on investments. Whether you are demolishing everything back to the studs or upgrading the current finishes from three decades ago to today, every dollar you spend will potentially be recouped and then some.

Kitchen Remodels (up to 98%): Just like bathrooms, kitchen renovations can be large or small and still pack a big return on your investment. The kitchen is the heartbeat of homes where families and friends gather making it a focal point of efficiency and convenience. Consider replacing dated cabinets, hardware, flooring, and appliances for a new look. Or, take on a larger remodeling project by changing up the floor plan and repositioning how traffic flows through the kitchen. Your entire home may feel transformed by a kitchen upgrade and the ROI will not disappoint.

Room Conversions (up to 94%): With today’s focus on remote work, consider converting a room into office space, or, finishing your basement or attic. Room conversions and renovations provide one of the highest returns on investment and add valuable finished square footage to your home’s floor plan. Increasing the number of rooms in a home adds flexibility for families and future resale value.

Exterior Upgrades (up to 91%): Upgrading your home’s curb appeal never goes out of style or decreases ROI. From new siding and windows to a stylish new metal-clad roof, exterior upgrades are not only visually appealing they are energy efficient too. Putting your best foot forward in the neighborhood will pay off in the short-term as your home’s value increases but paying lower energy bills will be in your best interest long-term as well.

The bottom line…

Be sure to keep track of Southern Maryland remodeling trends when updating your home. Many factors impact design ideas and homebuying decisions. It is also important to work with a qualified contractor that understands building materials and can guide your choices. As an example, some trends may not work well for local weather conditions and it is very important to know that ahead of time.