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How Renovating Your Home Can Pay Off Now and In the Future

  • By 7011813378
  • 17 Feb, 2022

How Renovating Your Home Can Pay Off Now and In the Future

Most of us can think of at least a few things we don’t love about our home, but that doesn’t mean an expensive, stressful move is on the table – especially not with the housing market more intensely competitive than it’s ever been. With home prices soaring and inventory running low, it’s not surprising that a growing number of people are using professional renovation to turn their current house into their dream home.

Whether you wish you could change the color of your kitchen cabinets, switch up your bathroom layout, or even transform your basement into a gorgeous guest suite, renovating your home can be one of the best investments you ever make – both for today and tomorrow! Not only can a renovation help you make the most of your home and elevate your everyday life, but it can also offer an impressive return on investment that repays your efforts when you’re ready to sell.

Keep reading to learn more about how some of the best renovations for increasing property value can also help you love your home more than ever.

Is there something you wish you could change about your home? Maybe you would love to have a more spacious kitchen, an updated primary bathroom, or even a finished basement for your family to enjoy. From small improvements to big projects, a renovation can boost your home's functionality, style, and long-term value.

However, not all renovations are created equally. It’s easy to end up in over your head – and over your budget – with a renovation that doesn’t end up delivering the final result you’re hoping for. And in many cases, high-priced, low-quality renovations fail to offer any significant increase in property value.

But with the right remodeling team and a solid plan on your side, you can make an informed and confident decision for your home. Here are a few things to keep in mind if you want to pull off a renovation that benefits you in the present and future alike.

Choose Your Renovation Project Wisely

In general, the best reason for taking on a home remodeling project is the enjoyment you’ll receive from living in an updated, customized space. Potentially profiting from a higher home value is an added benefit, albeit one that most homeowners hope to secure.

For optimal results, think carefully about the size and scope of your project, as well as your planned budget and the payback you’d like to see down the road. Every homeowner will have different priorities, so it’s important to consider yours carefully. For example, is it more important to you to maximize the space for your use right now, or do you want to increase property value above all? If you know your ultimate goals, you can plan the project accordingly.

Certain remodeling projects can promise a bigger potential payback than others, such as:

●      A wood deck addition can offer up to an 85% ROI

●      Siding replacement can bring in over 80% ROI

●      A minor kitchen remodel may provide 75-83% ROI, while a significant remodeling project in the kitchen can offer upwards of 78% ROI

●      A bathroom remodel can average 70-78% ROI

Compare those numbers to other projects, like the 50% average ROI for remodeling an office, and you can see that certain investments are better than others.

Partner with a Company You Can Trust

It might seem like choosing the right renovation team is as easy as a quick online search, but that’s simply not the case. You want to make sure you put your home in capable hands and trust your renovation (and the money, time, and emotional investment that goes with it) to a qualified and caring team.

For example, for homeowners searching for remodeling services in Cleveland and the surrounding area, there’s no shortage of companies to choose from – but for the very best in expertise, quality craftsmanship, and integrity, there’s no comparison to Final Touch Construction & Remodeling. For more than 25 years, the company has provided residential and commercial renovation services in Cleveland, including:

●      Kitchen and Bathroom Remodeling

●      Basements

●      Additions & Decks

●      Siding Replacement

With dozens of positive reviews and a longstanding legacy of excellence, Final Touch Construction proves that working with an experienced and reputable team really does make all the difference.

If you’re located in the Greater Cleveland area, you can connect with Final Touch Construction to request more information about their residential and commercial remodeling services.

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