Where to Invest Money in Your Next Remodel

Where to Invest Money in Your Next Remodel

Where to Invest Money in Your Next Remodel

July 30, 2022

You have some extra funds and want to put them into your home, but you wonder where you will get the best return on your investment. This is a common question for homeowners. Where will you get the most bang for your buck? Luckily, there are a lot of good options. Here are three areas to consider renovating in your next remodel.

The Family Room

The family room is where your family gathers to relax, and it is a great place to start. A dated family room can make the entire home feel dated, while a modern family room could be enough to elevate the whole house. There are several areas you might want to focus on in your new family room. First, consider creating more space. Everyone loves an open living space, and you might be able to create that by knocking out a non-load-bearing wall. Next, take a look at your flooring. If it is worn or dated, consider installing hardwood. Another area to think about renovating is the fireplace. You can amp up your family room by installing a new gas fireplace in place of the old one. Finally, a fresh coat of paint, modern light fixtures, and new window treatments can go a long way to revamp any room.

The Kitchen

Refreshing your kitchen is a sure way to make it more attractive for a sale. If you can only remodel one area of your house, make it your kitchen. Most realtors would agree that of all the rooms in a house, prospective buyers are the pickiest about the kitchen. Your kitchen should be open, with plenty of counter space and conveniently planned cabinets. Also consider modernizing the appliances, the flooring, and the fixtures. 

The Backyard

After an inviting family room and kitchen, many people want a backyard to unwind in. You can do this by redoing your landscape to include a patio. The best patios have some sort of shade, as well as comfortable seating and ambient lighting. If you want to take it one step further, add an outdoor kitchen. Outdoor kitchens make entertaining a cinch, and you will find that your family spends much more time outside. 

With so many options, it can be difficult to know what home renovations you should invest in. While there are many good options, it is hard to go wrong with either the family room, the kitchen, or the backyard. Whether you are fixing it up to sell or to enjoy yourself, these remodels pack a powerful punch toward improving the general look and feel of your home. 

Check out this article on remodeling projects that help cut your energy bills!

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