There are many ways to increase the value of your home, but one of the most impactful is to take on purposeful remodeling projects. According to Architectural Digest, remodeling projects can boost the ROI in your home by 69%. Let’s look at some of the ways that your projects can increase home value.

Additional Living Space

If your home remodeling projects increase your living space, they will contribute to a huge boost in home value. Additional living space, especially if it’s flex space, makes your home more valuable to potential buyers. When you have additional living space in your home, it makes your home more useful for you and your family as well.

Improved Functionality

Many types of remodeling projects can improve the functionality of your home. Kitchen cabinet additions and countertop renovations are examples of projects that can change and improve the way you use your space. Bathroom renovations are also a great way to add needed functionality.

Improved Outdoor Spaces

Outdoor spaces that aren’t being utilized to their fullest potential are another place to focus your energy during a remodeling project. Adding a patio, deck, or even a pool could drastically change the way you use your home for entertainment and enjoyment. These added spaces can even double as hosting spaces for your friends and extended family.

Updated Flooring

Flooring is a crucial part of your home’s value. They can get shabby and worn out over time. The floors in your house see a huge amount of traffic all day long. If you have young children or pets, this traffic is even greater. If you’d like to vastly improve the value of your home, focus on flooring updates that have a big return on investment such as hardwood flooring.

Upgraded Exteriors

Upgrading the exterior of your home can also bring a good ROI for your home improvement dollars. Exteriors can include porches, decks, siding, or the roof. Improving your roof is a hugely important way to invest in your home’s value. Your roof and siding protect every inch of your home, so this is a good place to invest some home improvement money.

These are just a few remodeling projects that can increase your home’s value. If you’re looking for professionals in your area to help you remodel, contact BoroBuilds today. We are here for your home remodeling needs.