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Home Renovations with the Best ROI

Tuesday, July 11, 2023   /   by Sarah Graham

Home Renovations with the Best ROI

When it comes to renovating your home, it's important to consider not only the changes you want to make but also the return on investment (ROI) you can expect. Some renovations have a higher ROI than others, meaning they are more likely to increase the value of your home and provide a solid return when it's time to sell.

Kitchen Remodel: The kitchen is often considered the heart of the home, and a well-designed, updated kitchen can significantly increase the value of your property. Focus on upgrading appliances, cabinets, countertops, and flooring for the best ROI.

Bathroom Renovation: Bathrooms are another area that can make or break a potential buyer's decision. A modern, clean, and functional bathroom can provide a great ROI. Consider replacing fixtures, updating the tile, and adding some luxury touches like a rainfall showerhead or a double vanity.

Curb Appeal: First impressions matter, and improving your home's curb appeal can have a big impact. Invest in landscaping, exterior painting, and a well-maintained front yard to attract potential buyers and increase the value of your home.

Energy-Efficient Upgrades: In today's environmentally conscious world, energy efficiency is highly valued. Consider installing energy-efficient windows, upgrading insulation, and replacing old appliances with energy-efficient models. These upgrades not only save money on energy bills but also increase the value of your home.

Finished Basement: If you have an unfinished basement, transforming it into usable living space can provide a great ROI. Adding a bedroom, bathroom, or entertainment area can significantly increase your home's value and appeal to potential buyers. Remember, the ROI of your home renovations can vary depending on factors such as location, market conditions, and the quality of the work done. It's always a good idea to consult with a real estate professional or a home appraiser before making any major renovations to ensure you're making smart investments that will pay off in the long run.

  buyers, sellers

Epique Realty - Justin Graham Team
Justin Graham
9465 Counselors Row, Ste 200
Indianapolis, IN 46240
Approved Mortgage, A Winterwood Mortgage Group
107 N State Road 135, Suite 301 Greenwood, IN 46142
Phone: (317) 882-2255
Email: dc@approvedonline.com
NMLS# 122171

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