While you may want to remodel your kitchen, bathroom, or living room all at once, it’s less disruptive and more budget-friendly to select just one room at a time. When deciding which room to start with it is important to prioritize resale value to get the best bang for your buck. Interested in learning more? Here are some other things to consider when deciding which room to prioritize.
Kitchens are one of the most renovated rooms in the home, with an increase of 23% over the last 12 months. Kitchen remodels are also a great way to increase the resale value of your home. However, the highest return on investment (ROI) may not coincide with your design aesthetic, so be clear with what your focus is as you proceed with the kitchen remodel.
Bathrooms run neck-and-neck as one of the most renovated rooms of the home, with a 60-68% return on investment. It takes, on average, 15-25 days to complete the renovation, but it’s one of the most noticeable changes to a home. As with kitchen remodels, cosmetic changes are more likely to increase the resale value.
Living Room Remodeling
Adding living room space is typically a good investment to increase the value of your home. You might tear down walls, put in new windows, or even replace the roof to increase the resale value of your home. You should look at improvements in your living area that will be making the biggest bang for your buck.
3 Things to Consider When Making a Decision
- Where Do You Spend the Most Time?
When thinking about your remodel, consider where you spend most of your time. For example, if you’re working from home, you may be using the living room area as your office. Even if you’re not working from home, your living room may be where you watch TV, play board games, and entertain your guests.
- The Level of Inconvenience You’re Ready to Endure
Whichever space you decide to remodel, it will involve a torn-up space for at least a few weeks. Thus, it’s important to be aware of what the time frame will be before tearing up your room and starting the remodeling process.
- What Do I Need Right Away?
Depending on the current state of your kitchen, bathroom, or living room, you may decide to focus on one room because it needs more immediate work. For example, your bathroom may be in a serious state of disrepair, so you. At the very least, you can do a quick remodel to fix the toilet, bathroom sink, and bathtub and then worry about more involved changes when you have more time and budget to do it right.
- Kitchens are one of the most renovated rooms in the home, with an increase of 23% over the last 12 months.
- Bathrooms run neck-and-neck as one of the most renovated rooms of the home, with a 60-68% return on investment.
- Adding living room spaces are typically a good investment to increase the value of your home.
Next Step: Schedule a Consult
At Advantage Contracting, we offer building and project management services in Essex, Bergen, Passaic, and Morris counties. With more than 25 years in service, we provide exceptional products and services every time. We can offer the remodel you need for your home, whether you need remodeling in your kitchen, bathroom, or even your living room spaces.