When your home needs renovations, it can be difficult to create room in your budget for everything that needs a touch-up. Therefore, it’s important to know which areas are to splurge on and why because you’ll know what to prioritize. Let’s look at three things that are worth the investment when renovating your home.
Home improvements are not made equal, and some don’t provide the kind of ROI that homeowners hope for. For instance, things like replacement windows and new garage doors can be cheap and increase your home’s value and your quality of life, but you probably won’t recoup a significant portion of the money you spent.
However, investing in a replacement roof is always a safer bet if you want to get more bang for your buck. According to roofing authorities, you can get 85% or more of your investment upon resale if you install a replacement roof. The great news is it’s possible to make even 100% or more of the investment costs with a better sale price.
But why does a replacement roof yield such a high ROI? It all boils down to the fact that a roof is one of the most important structures protecting your home. Roofs tend to have a longer lifespan of at least 20 years and up to 50 or 100 years. Therefore, a replacement roof is always a good selling point because it means you don’t have to worry about stuff like roof leaks, shingle damage, or any structural weaknesses for a long time.
There’s a reason why kitchen remodels are more popular among homeowners. The kitchen is the center of your home and should typically have lots of countertop space to maximize function. While granite countertops seemed to be all the rage a while back, this has changed over time.
According to a recent survey, about 40% of homeowners actually preferred quartz countertops (engineered) for their current or future kitchen renovation. That’s because quartz countertops come with many benefits, such as easy maintenance. Quartz countertops are non-porous, so they won’t easily absorb liquids. This makes them less susceptible to staining, and they can be cleaned easily without using harsh chemicals.
Quartz countertops are also very durable, and use them in your kitchen extensively without worrying about scratches. Because of this durability, quartz countertops offer the best value for your money and have a beautiful appearance that will fit in any modern or contemporary kitchen.
A basement remodel can be one of the most worthwhile investments you can make. This is especially so because, according to experts, a whopping 60% of basements in current homes in the US have a moisture problem. The problem with moisture problems in your basement is that they can develop into more serious issues that will cost you down the line.
For starters, moisture in your basement can cause health problems since dampness can promote mold growth. Mold is associated with many respiratory conditions, such as asthma and bronchitis. Therefore, it’s crucial to rid your basement of all moisture problems as soon as possible.
The other thing is if you don’t get rid of the moisture in your basement, it can lead to significant water damage, which will further damage your home’s foundation. Remodeling your basement will uncover any issues that are causing moisture to get into the basement, so you can fix them once and for all.
Splurging on a quality basement remodel ensures that you eliminate all issues associated with moisture. You’ll then be able to make use of all that extra space. Typically, homeowners use basements for extra storage space and convert them into extra living space, such as a man cave or a library.
In a nutshell, your roof, countertops, and basement are worth splurging on when renovating your home. The return on investment includes boosting your home’s resale value and a more aesthetically appealing and overall safer environment.