Offered by: Jan Hepp-Struck, Hepp Realty
At the risk of sounding repetitive, what a strange and stressful year this has been so far. I’ve learned that finding the silver lining(s) in bad situations helps to get you through the stressful times. That said, I’ve noticed a whole lot of home improvement and landscaping projects around town. One of the main themes has been really evaluating how to better enjoy time at home.
It seems natural that home gathering spaces are the primary focus—updating family rooms, converting basements, creating backyard oases, and turning bathrooms into mini home spas. e possibilities are pretty endless and the bonus is that these home improvements may make your home more physically and emotionally attractive to potential buyers if you want to sell. If you plan well, you may even get a good return on investment.
According to HGTV, these are the top five projects with the greatest return on investment for 2020: 1) Minor bathroom remodel with new tub, tile, flooring, toilet, sink, vanity and fixtures (avg. cost $10,500, avg. return 102%); 2) Landscaping (avg. cost $3,502 for materials/$1,465 for designer— avg. return 100%); 3) Minor kitchen remodel with refaced cabinets, new wall oven, cooktop, sink and fixtures, laminate (stone or glass if home value is >$500k) countertops and resilient flooring (avg. cost $14,913—avg. return 98.5%); 4) Exterior improvements with vinyl siding or new paint (avg. return 95.5%); 5) Attic bedroom conversion (avg. return 93.5%). If improving your home’s value for resale is your ultimate goal, be sure to do your research or talk to a realtor to make sure you are making the best investment possible for your area.
For proven expertise in establishing your home value and/or searching for a new or existing home, please call Jan at: (303) 520-4340.
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