Maximize the ROI on Your Home Renovations
When investing in a home remodel, it’s important to make decisions that not only enhance your living space but also deliver a strong return on investment (ROI). At EHR Contracting, we’ve seen firsthand how strategic upgrades can transform homes and boost property value. Here are some insights, inspired by real-world examples, to help you maximize the ROI of your next remodel.
Focus on Kitchens and Bathrooms
Kitchens and bathrooms consistently offer the highest ROI when it comes to home remodeling. For example, we recently worked with a client in Strongsville to modernize their outdated kitchen. By upgrading to quartz countertops, installing energy-efficient appliances, and adding custom cabinetry, they saw a 20% increase in their home’s appraised value. These changes not only improved functionality but also made the home significantly more appealing to potential buyers.
Similarly, a bathroom renovation we completed for a homeowner in Parma featured a walk-in shower, double vanity, and heated flooring. The result? A luxurious space that boosted the home’s value by 15% and attracted multiple offers within days of listing.
Enhance Curb Appeal
First impressions are crucial. A client in North Royalton wanted to improve their home’s curb appeal before putting it on the market. We helped them with landscaping updates, a fresh coat of paint for the front door, and modern outdoor lighting. These simple yet impactful upgrades led to a 10% higher sale price compared to similar homes in the neighborhood.
Invest in Energy Efficiency
Energy-efficient upgrades are increasingly important to homeowners and buyers alike. We recently helped a Brunswick family replace their old windows with double-pane, energy-efficient models and add attic insulation. These changes not only reduced their energy bills by 25% but also increased the property’s marketability. Buyers appreciate homes that offer long-term savings and environmental benefits.
Open Up the Floor Plan
Modern buyers often prefer open-concept layouts. We worked with a Parma homeowner to remove a non-structural wall between the kitchen and living room. This relatively simple remodel made the space feel larger and more inviting, which ultimately added significant value. The property sold within a week, well above asking price.
Add Usable Square Footage
Increasing your home’s usable space is a surefire way to boost value. For example, a Strongsville family asked us to finish their basement and convert it into a multifunctional space, complete with a home gym and entertainment area. This project increased the home’s livable square footage by 20% and delivered an impressive 150% ROI when they sold the house two years later.
Use High-Quality Materials
While it might be tempting to cut costs with cheaper materials, this can negatively impact ROI. A North Royalton client’s decision to invest in hardwood flooring and premium fixtures paid off when their home appraised 10% higher than comparable properties with lower-quality finishes.
Update for Modern Lifestyles
We recently transformed a Brunswick attic into a home office and playroom for a growing family. This project addressed modern lifestyle needs and added functional living space, which appealed to buyers looking for flexibility. The ROI was evident when the home sold quickly at a premium price.
Partner with Trusted Professionals
Poor workmanship can lead to costly repairs and diminished ROI. Hiring experienced contractors ensures the work is done right. At EHR Contracting, we pride ourselves on delivering high-quality results tailored to each client’s needs. Our expertise has consistently helped homeowners achieve their remodeling goals and maximize their investment.
Final Thoughts
Whether you’re planning a kitchen upgrade, energy-efficient improvements, or a complete home transformation, making informed decisions can significantly boost your ROI. At EHR Contracting, we’re here to help you every step of the way. Contact us today to learn how we can bring your vision to life and add value to your home.
