Upgrading your home is a great way to enhance the quality of life, and when done right, it also drastically increases property value. However, home remodeling is a challenging task, and not all upgrades are meant to deliver what they have promised. While certain promotions can add tons of value to your home, some can do the opposite.
Hence, it is crucial to choose wisely while deciding on renovation projects. Whether it’s your bathroom, kitchen, or outdoor landscape, work smart to increase your ROI in the long run.
According to research, Americans will spend an estimated $430 billion on home renovation projects in 2022. The real estate market is a lot different from a few years ago, so it’s best to go with the flow. For example, home offices are a raging trend nowadays. This article will take you through some surprising upgrades that add tons of value to your home.
A Home Office
With the work-from-home employee ratio increasing day by day, home offices are the need of the hour. According to most real estate agents, home offices are the most demanded feature by the potential buyer.
So, if you have an extra space or multiple rooms, start working on converting the area into an office. It’s an attractive investment, adding more than $10,000 in resale value.
Make Your Outdoors Enjoyable
Who doesn’t like a pool or hot tub in the backyard? Thanks to the pandemic, the ROI of this upgrade has significantly increased. The value a collection can add to your home is unmatchable to any other promotion. A house with a pool sells for more than a house without one.
Although some homeowners may find this upgrade expensive, it’s a worthy upgrade if you consider the increase in resale value and personal enjoyment.
Make Your Home Energy Efficient
Install appliances, windows, and lighting that are energy efficient. It’s a highly desirable feature requested by more than 90 percent of potential home buyers. This will make your home sustainable, but it will also reduce your utility costs.
Renowned Real Estate Agents in Southwest Florida
To buy your dream home in Florida, put your faith in Florida’s top real estate agencies. Southwest Florida Real Estate Group has been in the business for over 30 years, and their service is matchless. Their service mentality can be highlighted in their real estate agent’s responsiveness, accessibility, and attention to detail.
They operate in many of Florida’s top neighborhoods and communities, including Bonita Springs, Cape Coral, Fort Myers, Fort Myers Beach, Lehigh Acres, Naples, Estero, Marco Island.
Get in touch with them right here.