Kitchen and Bathroom Remodeling Will Get You the Biggest Return (if you sell, your house will be worth more)
It can be overwhelming when you take an objective look at your home and try to decide where to spend your limited remodeling dollars. Unless you have major issues outside of your bathrooms and kitchen, those rooms are typically the way to achieve the highest return-on-investment for your home. It might seem like a bedroom or living room would be a more logical area to improve, but studies show that the money that you spend in updating your kitchen and bathroom actually allow you to recoup most, if not all, of the money you spent on the remodel.
It’s easy to understand why. People spend a lot of their quality time in the kitchen, and no homebuyer wants to cook and talk with loved ones in a dark, cramped, gloomy kitchen. A fairly new trend in the real estate industry is the rising importance of bathrooms. Bathrooms are becoming more important in even lower-priced real estate, and for good reason. Homeowners want luxury, even if it is on a small scale, and this means they are looking for sparkling bathrooms that will allow them to pamper themselves.
Bathroom and kitchen remodeling projects don’t have to be expensive, however. Your general contractor will help you decide the most efficient way to achieve the maximum results in your bathroom and kitchen projects. They will also be familiar with new design trends and will know what other homeowners in the area are installing in their homes – this will give your home the edge it needs on the market.