You know you want to sell your home sometime in the future, so you’re hoping to renovate in a way that will give you a high ROI (return on investment). There are many remodeling tips that can help you to see a return on your investment when your home goes to market, and others that are a waste of your time. We list some of the dos and don’ts of remodeling for high ROI in this guide.
Don’t: Choose the latest novelty gadget, especially as a permanent fixture in the kitchen or bathroom. That built-in coffee maker may sound like a dream to you, but it might be off-putting to potential buyers who are not fond of coffee or would rather spend their money on other home improvements.
Do: Focus on efficient appliances and fixtures instead. Today’s homeowners look for improvements to appliances and lighting for optimal efficiency. In California, water-efficient fixtures and faucets are a particularly important focus.
Don’t: Remodel a room that only serves a specific function for some homeowners, such as a home office. Renovating a spare room as a dedicated space to store files is actually a niche remodel these days, since we tend to connect wirelessly these days. If you want a home office, opt for movable cabinets rather than built-in file storage.
Do: Remodel an extra room as a bedroom, bathroom, or universal storage space.
Don’t: Take on a major remodel if you aren’t planning on moving for several months. Trends tend to change every 5 years or so, and you may end up with a high-end bathroom in 2016 that no one really wants in 2021.
Do: Focus on less drastic projects as well as modern but conventional kitchen and bathroom features. Don’t go too extravagant with a built-in spa or a completely gutted kitchen when all your really need are a few updates. A contractor can help you figure out the best upgrades for your home.
Advanced Builders & Contractors is a fully licensed and bonded company offering remodeling services Los Angeles, CA. Call us today!