Three Great Home Improvement Idea that Give a High Return
As you plan to remodel your home in Los Angeles, one of the biggest concerns will be the spending of financial resources. It is your hard-earned money and therefore before spending you would think multiple times.
Should I go ahead with the home remodeling project or not? We would like to say that by remodeling your home, you can look to enhance its value. Home remodeling is a smart investment theme these days and if you have spare cash, you can consider it.
However, not all home remodeling projects enhance value. We can share with you some ideas that can help to enhance the value of your home. Here are the details for readers in brief.
Home Remodeling Projects That Enhance Value
Here are some ideas you can try out for value enhancement as you remodel your home in Los Angeles. With an experienced team ready to meet the project execution challenges, things should be smooth.
A New Siding
It might sound unbelievable, but something as small as getting a new siding can give you an ROI of 83.9%. This is because a new siding has a great deal of impact on curb appeal. It has been observed that cracked, old siding can decrease a home’s value by as much as 10%. So, you should think about getting a new siding.
A New Front Door
Getting new doors gives you the highest ROI, about 98%. It makes a home more attractive just like a new siding does. At the same time, it also makes a home more energy efficient, as it keeps the cold or hot air out in a better way. This is an idea that you can seriously consider.
Home Addition Projects
This will require some spending but the home value enhancement will be optimum simply because you are creating more dwelling space. Since you have more square footage to offer to the new buyer, there will be an automatic enhancement in the resale value of your home. Let us take a look at the scope of work as you explore the possibility of home additions.
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Expanding the room |
You can think about expanding one of your existing rooms. It could be the general living space or the bedroom. You can convey your needs to the contractor team and work will be done according to your specifications. |
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Build a new room |
Are you planning to have your home office? You need to carve out a separate room outside the main area of hustle & bustle. You can think of this type of home addition. Convey to the team the side of the home, you need the addition and they will do work accordingly. |
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Build a second story |
A second-story construction is the most capital-intensive but it creates the maximum value. You can think of leasing one floor to a tenant to generate rentals, This form of home addition does not disturb the backyard space. It is complicated but with an experienced team leading the execution, it should be smooth. |
Home Remodeling For Value Enhancement
These are some ideas to try out for value enhancement when you remodel your home in Los Angeles. Remodeling work in general makes your old home look new once more. This should lead to an automatic spike in the resale value of your home. The project needs flawless execution and you are welcome to contact us at Bianchi Builders to meet the execution challenges. We will do work according to your specifications.
New Siding
It might sound unbelievable, but something as small as getting a new siding can give you an ROI of 83.9%. This is because a new siding has a great deal of impact on curb appeal. It has been observed that cracked, old siding can actually decrease a home’s value by as much as 10%. So, you should think about getting a new siding
New Front Doors
Getting new doors gives you the highest ROI, about 98%. It makes a home more attractive just like a new siding does. At the same time, it also makes a home more energy efficient, as it keeps the cold or hot air out in a better way. Getting a ‘good enough’ door costs about $1,230 on average.
Although home improvements like entirely new kitchens, bedrooms, or bathroom renovations would give you excellent ROIs in absolute terms, smaller home additions and improvements that really give homeowners the biggest return on investment. Contact Bianchi Builders and get innovative solutions when it comes to home building and home additions.