Kitchen and Bathroom Remodels Offer the Greatest Return on Your Investment
While not every kitchen and bathroom in Massachusetts is in need of an extensive overhaul, it’s safe to say the vast majority could benefit from at least a minor remodel. Most home remodeling in Massachusetts involves these rooms for two simple reasons: they promise the biggest return on investment and enhance quality of life. Here are three things to think about when you’re considering embarking on kitchen or bathroom renovations in Needham.
A Kitchen Remodel Need Not Be Major to Yield Major Return on Investment
It seems logical the more extensive your kitchen remodel is, the more it will pay off in the long run. That’s actually not true! Experts say to recoup the highest percentage of what you spend to remodel your kitchen, less tends to be more. If resale value is your top priority, there’s little to no added benefit to installing the highest-quality granite or the gas range imported from France. Choosing appealing yet affordable appliances and materials will have the biggest payoff when you are kitchen remodeling in Needham with plans to sell in the foreseeable future. If you plan to stay in your home for several years, though, you may be willing to forego a bit of return on investment to splurge on the high-end touches you love.
Bathroom renovations have a great return on investment.
You Can’t Go Wrong With the Classics
As you contemplate future home remodeling in Massachusetts, it’s likely you’ll peruse the Internet and magazines and watch home improvement shows for inspiration. Be careful to not become overly caught up in replicating the latest style trends. Trends come and go. If you want to increase your home’s values, stick to classic and neutral colors and styles. You may love the color teal, but installing a teal bathtub and matching bathroom tile may be off-putting to some. Anything that is too “out there” may clash with potential buyers’ furnishings and personal preferences. If you can’t sell your remodeled home, you won’t turn a profit. Beige, black and white are classics for a reason!
Know What Most Buyers Want and Value
Deciding which room in your house to remodel is only the first step. Next, you’ll need to decide how to allocate your remodeling budget within that space. If you have only one bathroom in your house, your money will be better spent adding a second bathroom rather than upgrading your existing bathroom. Your money will also be better spent installing a large walk-in shower rather than a fancy spa-like bathtub. Do your research and talk to local real estate agents to identify where you should devote the bulk of your remodeling budget.
If you’re ready to discuss how you can increase the function and appearance of your kitchen and bathroom in Massachusetts, we are standing by to provide expert insight. We have more than 40 years of experience transforming local homes and would love to put our experience and skill to work for you. Contact us at Colony Home Improvement!
