4 Renovations That Will Build Equity In Your Home

build equity

Do you ever look around your home and want to spruce it up? How do you know if it will be worth it?

While having a home you love is amazing, you also want to make improvements that will show on your bottom line eventually. So, is that renovation project you have in mind, going to build equity in your home?

Here we will share our picks for four renovations that will do just that. Reap the rewards of your hard work not only in aesthetic appeal but dollar amounts at sale.

1. Updating Your Bathrooms

You use your bathrooms every single day. They are the most used rooms in the whole house. So, any money spent sprucing them up is money well spent.

Most homeowners are able to recoup a massive 67% of your initial investment at the sale of your home in additional home value.

You can do a bathroom upscale or on a budget but it’s worth it to get rid of outdated features and amenities. Choose a neutral color palette rather than anything too of the moment to appeal to the most people in the future.

Believe in the power of a fresh coat of paint and a new vanity if you can’t do it all at once.

If you’re considering a bathroom remodel, click here to learn more about what we do.

2. Renovating Your Kitchen

We are sure this one comes as no surprise. The kitchen is truly the heart of the home and with the current surge in popularity of people getting back into the kitchen and cooking, it’s a worthy investment.

The recoup value of a kitchen remodel is a little higher than the bathrooms at 68% upon sale of your home. Everyone wants a chef’s kitchen nowadays. Invest in a large commercial-style range with a substantial oven, a quality dishwasher, and high-quality countertops. 

Choose finishes and cabinet colors that complement the rest of your home while boosting sophistication. Consider adding a deep farmhouse sink that makes doing dishes and washing large pots and pans easier.

The best thing to invest in for your kitchen is a quality plan with a professional team. Your team will be able to help you stay on budget and make the best choices for lasting value.

Because you’re dealing with such a wide variety of electrical, gas, and plumbing a kitchen is not a great DIY.

3. Backyard Deck Addition

Nothing beats adding usable square footage when it comes to things that build equity in your home.

An outdoor deck is a phenomenal idea. It makes your backyard more usable, gives you outdoor dining and entertaining space, and recoups close to 75% when you sell your home.

Make sure to invest in quality installation and go big or go home. The worst thing is realizing you should have gone bigger after all is said and done. 

Our team can help you decide what size is best for your home and intended use.

4. Screen In Your Porch

While it may seem minor, a screened-in porch can show an ROI of 84% on your initial investment when you sell your home.

Especially here in the south, a screened-in porch gives you a bug-free oasis to enjoy your outdoor space and lemonade. If you screen your front porch it also adds to your home’s curb appeal which is another large factor when it comes to resale.

The Best Renovations Make You Happy and Build Equity In Your Home

We hope this list has given you some inspiration to give your home a little love and attention. Some of the best money you can spend is to re-invest in your purchase and renovate your home.

Make sure you pay attention to current trends but also choose neutral items so it won’t be too jarring to future potential buyers. Choose classic colors and finishes that will stand the test of time.

Are you interested in finding out more about how you can make your home the best it can be? Here at Georgia Home Remodeling, we have you covered! Our talented and professional team can handle bathrooms, kitchens, custom build-outs, room additions, and more. 

Request a quote today and we can talk about your ideas and how we can work on making them into a reality.