Home improvement projects not only help you personalize your space to suit your style, but they can also boost your property value. When you are investing in a home improvement project, it's important to choose one that is going to allow you to enjoy the greatest return on your investment.
These home improvement projects typically add the most value to your home:
Kitchen Remodel
A kitchen remodel is one of the most costly home improvement projects that you can take on, especially if you decide to renovate your kitchen from the ground up. However, this is also one of the most valuable investments that you can make in your home. A renovated kitchen can provide you with anywhere from a 50 to 80 percent return on your investment, depending on the choices that you make and the amount of money that you invest in the project.
New Windows
Installing new windows in your home is an improvement project that will increase your quality of life inside your home while also ensuring you enjoy a generous return on your investment when you go to sell. It is important to opt for energy-efficient windows to get the most cost savings and see the highest returns. Don't forget about the rebates and tax credits you may be eligible for when you invest in energy-efficient windows.
Improved Deck or Patio
When you make a commitment to improve your outdoor living space, you are investing in your own enjoyment of your home. However, a freshly painted deck or a new patio can also add a lot of value — either project can offer a 30 percent to 60 percent return on your investment.
Basement Refinishing
Finishing the basement in your home can transform this storage area into a new, functional living space. If you add luxury features, such as a full bathroom or a wet bar, you may find that you see an even larger return on your investment from this project.
Any home improvement project — regardless of its size or scope — is going to require an investment of your time, energy and financial resources. When you select value-added home improvement projects, you may find that your investment pays off in dividends when you list your home on the market for the highest possible price.
About the Author
Kimberly Hering
Kimberly Hering's devotion to helping people achieve their real estate goals stems from her genuine enjoyment of the process. Whatever the task, Kimberly makes it her mission to get it done, however she can, without compromising her client's needs. Often, that means thinking outside the box. After working with Kimberly, clients describe her as being Trustworthy, Creative, Patient, Highly Skilled, Attentive to the Process and having a lot of Integrity.
After spending more than 15 successful years working on Wall Street, Kimberly transitioned into Real Estate, joining Alain Pinel Realtors, then moving to Zephyr, now Corcoran Global Living, in 2018. During her career on Wall Street, Kimberly was a Vice President working as an Institutional Equity Salesperson for Montgomery Securities for 10 years. She covered the top money managers throughout the US and Canada. She joined Jefferies & Co as a Senior Vice President managing the Western Region Institutional Sales group, while continuing to cover the top money managers.
Kimberly leverages her extensive experience selling equities to top money managers throughout the US and Canada, to successfully negotiating any Real Estate transaction seamlessly for her clients. Kimberly is well versed in Marin's neighborhoods, towns, cities, and education system.
Living in the Bay Area for 35 years, 25 years in Marin and having 2 sons in local Marin schools, Kimberly spends a lot of time volunteering in the community and serving on various local Boards. Kimberly has a collection of resources ranging from the best local breakfast spots to vetted contractors. With her reliable list of valuable resources, Real Estate experience and unsurpassed knowledge of Marin's many communities, Kimberly can guide her clients through every aspect of a Real Estate transaction seamlessly.
Relocating to Marin, downsizing, upsizing, first time home buying, final home purchase or sale, or a lot to build a dream home, no matter the undertaking, Kimberly works seamlessly until the job at hand is completed with 100% satisfaction.