Whether you’re thinking about renovating your Middle Tennessee home for personal use or you’re looking forward to improving its resale value (or both), you have to consider two things: how much you’ll recoup as part of the new market value and whether potential buyers will find your renovation desirable.
Renovations that are Traditionally Good for Resale
Kitchens and bathrooms have always been a sound investment, and for good reason. With good planning, these can offer a fantastic return—and in many cases, the return is significantly higher than the initial investment.
Deck additions, in part due to their modest cost investment, offer nearly a full return in resale value. This is especially true in Middle Tennessee, where people can enjoy them for much longer than they can in northern climates.
A new steel entry door, especially coupled with an update to the front porch or deck, will add lots of curb appeal as well as a good return on your investment.
Renovations that Aren’t Usually Good for Resale
Unlike a deck, a sunroom doesn’t often have the potential to add thousands to your home’s resale value. However, it can add immeasurable enjoyment while you’re still living there—so a sunroom is a bit of a toss-up.
High-end garage additions don’t necessarily add much value, either, because they cater to a niche market. Unless you’re selling to a car connoisseur, you probably won’t be able to rely on a spectacular garage to be a key selling point for your home.
Small Renovations that Pack a Decent Punch
Don’t neglect the smaller, more cosmetic remodeling projects that add to your home’s aesthetic appeal. First impressions have a lot to do with what buyers think about your home—including how much they think it’s worth. Neat landscaping, curb appeal, fresh paint and carpet can definitely add to your bottom line at resale.
Do You Need to Remodel Your Nashville-Area Home?
When you’re thinking about remodeling your home to improve its resale value, you know you can’t trust just anyone. You need to rely on the experts… you need Hughes-Edwards Builders.
Call us at 615-824-6970 or contact us online to talk about your renovation, addition or other home improvements. We can help transform an ordinary space into an extraordinary one.[gravityform id=”9″ name=”Contact Us”]
