3 Remodeling Projects That Can Increase The Value Of Your Home
Remodeling your home is a great idea because of the many benefits that it can provide. One of the most common reasons to remodel a home is to increase your home's value in the event that you decide to sell it. An additional bathroom, accessory apartment, and new roofing are all great renovations that will provide you with a nice boost to the value of your home.
Roofing
Replacing the roof of your home is not only a great way to boost the value of your home, but it can also provide you with other benefits. Some of the best roofing options to select if you are trying to increase the value and visual appeal of your home are slate, ceramic tiles, and copper. Not only are all of these materials highly sought after due to their longevity, but they also attract a lot of attention due to their beauty.
Accessory Apartment
An accessory apartment is typically going to require that you build a bedroom, bathroom, living area, and kitchen. In addition, the accessory apartment must have its own separate entrance and utility connections. This is why these apartments are usually located in a converted basement or garage.
Now, while this option may sound like a big project, the benefits provided by having an accessory apartment are substantial. For example, you can rent the home out in order to earn a bit of extra money, or simply to get some help with your mortgage payments. This potential additional income source is sure to attract potential home buyers, and easily increase the size of the offers that you will receive on your home.
Additional Bathroom
A big concern that many large families have when buying a house is that there may not be enough bathrooms, particularly if there are multiple people getting ready for work or school at the same time of day. This can easily lead to conflict when the existing bathrooms are all occupied. However, simply adding an additional bathroom can help generate more interest in your home when you sell it, especially when many people like to try and buy houses that have as many bathrooms as bedrooms.
Now, both a half and full bathroom will provide you with a boost to your home's value. A half bath will increase your home's value by about 10%, while a full bathroom will boost your home's value by up to 20%.
Speak to a contractor today in order to discuss the many types of renovations that can increase the value of your home. Additional bathrooms, accessory apartments, and replacement roofing are all fantastic ways to increase interest in your home and allow you to sell the house for more. For more information, contact a company like Scott Equipment.