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Top Remodels that Will Yield High Investment Returns

Best Remodels for High ROI

One of the most important parts of remodeling your house in Irvine, CA, is determining which improvements will provide the best payoffs. Not only will this help you increase the overall marketability of your property, but it will also allow you to set a significantly higher sales price should you ever choose to sell. Surprisingly, some of the best remodels for high ROI are not as costly as you might think.

A New Front Door

According to the 2014 Cost vs. Value Report in RemodelingMagazine, installing a new front door will give you returns as high as 96 percent of what you actually spend on the door. These same benefits can be gained all throughout the home by gradually replacing old windows with more energy-efficient options and by adding better siding to the building exterior. Property shoppers looking at homes for sale in Irvine are becoming increasingly interested in home features that will help them limit their overhead costs.

Minor Kitchen Remodels

The kitchen and bathrooms in your home are the areas in which you’re most likely to spend the majority of your time. Fortunately, you don’t have to rip out your cabinets or replace your counter tops in order to get impressive returns. Repainting, regrouting, and refinishing in these areas can provide impressive payoffs. If new cabinets aren’t in your budget, think about refinishing these and replacing the hardware instead. You can also add a number of modern, high-end appliances that will not only add value to the property, but also give you more personal enjoyment.

Decks

Adding a deck to you property can provide returns as high as 80 percent. The returns on this improvement can be significantly higher if the deck is elevated and creates more usable space. It is important to consider other properties with decks in your neighborhood and then build accordingly.

Luxe  Bathrooms

Consider creating a luxurious bathing experience in your bathroom that goes beyond the standard shower and tub combination. Many homeowners are adding wet-rooms, walk-in baths, and other features that make these spaces more accessible, easier to manage and far more enjoyable for homeowners. If you don’t plan on selling in the near future, use timeless materials and neutral colors that will still interest buyers whether you end up selling in one year or five.

Looking for your next project? Although many homes in Irvine are newer, the real estate agents at Irvine Residential Living can help you find a dream home that needs a little TLC. We specialize in Irvine real estate, including condos, townhomes, and houses in Woodbridge, North Park, Westpark, and El Camino Real.

Need Help? Contact Us:

Phone: (714) 454-6304
Email: info@ocresidential.com

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