Remodeling and renovating your home can make your home more enjoyable and increase your home’s value along the way. However, not all renovations are created equal. While some projects can add significant value to your home, others can actually reduce the sale price.
Bergen County Home Additions
REMODEL THE KITCHEN
Updates to the kitchen pay off with a 60 to 80 percent return on investment. Many prospective homebuyers are looking for modern, updated kitchens. However, don’t go overboard. Adding an $80,000 kitchen to a $225,000 home is not a smart move as far as investment is concerned.
When remodeling a kitchen, start small at first. Replace the kitchen faucet, add new cabinet hardware, and replace old light fixtures with modern, energy-efficient options. Rather than replacing cabinets, paint the cabinets a new color or hire a refacing company to refinish the cabinet boxes or install new cabinet doors, drawers, and hardware. These small updates will improve the overall look of your kitchen without breaking your piggy bank. Nevertheless, if a dream $80,000 dollar kitchen is in your reach, go for it.
UPGRADE THE APPLIANCES
If your appliances don’t match, consider ordering new doors and face panels from the manufacturer and painting the boxes. Paint with acrylic enamel or a hybrid enamel. Acrylic enamel is basically a tough and durable water-based paint. This will give your kitchen a more cohesive look without the high costs of replacing the appliances.
Consider replacing older appliances with new energy-efficient models, which are better for the environment and use less energy. You many even qualify for a rebate. Effective July 1, 2021, New Jersey rebates for energy-efficient appliances are now offered through your gas or electric utility. Please contact your utility for eligibility and information on how to apply. Potential home buyers are often looking for ways to save money when shopping for a new home.
BOOST THE BATHROOMS
Bathroom remodels will recoup 88 to 94 percent of your investment. Install new fixtures, brighten the room with paint, and re-grout the bathtub to refresh the space. A new mirror and sparkling light fixtures can easily transform the look of a bathroom. If your dream bathroom requires a complete overhaul, consider REMCO Contractors.
REMODEL THE ATTIC OR BASEMENT
Adding square footage to your home can quickly escalate and end up costing more than originally budgeted. You need to work with REMCO contractors during the planning phase to be cost-efficient and comprehensive. Renovate the existing space in your home. Imagine the attic as another bedroom, office, or a workout area. Convert the basement into a family room, rental apartment, or design studio. Adding a second floor instantly doubles the housing space for expanding families with children. The more versatile the room, the more appeal to potential buyers who can personalize their space too.
GET DECKED OUT
A high return on investment for outdoor living spaces makes adding a deck worthwhile. One reason is decks increase the living area but cost less to build per square foot than adding home additions. A wooden deck that costs around $13,084 to build will recoup an average of 107 percent of its value at resale. A composite deck costs around $19,227 and will recoup an average of 122 percent of its value at resale.
BOOST CURB APPEAL
First impressions last. Enhancing your home’s curb appeal can be as simple as power washing your home’s siding or as intricate as adding a new walkway around the building and into gardens and hardscape. Improvements do not need to be expensive to be effective. However, don’t go overboard. Creating a backyard paradise is nice, but it won’t add to your asking price. A well-kept lawn and some well-placed shrubbery and vegetation is all you really need to boost the curb appeal.
FRONT DOOR
Installing a new front door is a fast, inexpensive way to instantly improve your home’s appearance. A new front door is one of the top-ranking home improvements. In 2023, just as in 2022, front doors should be bold colors. Bright reds, yellows, teals and blues are going to stay in style. These bright colors can add the color your home while allowing you to keep your other designs more modest.
IMPROVE ENERGY EFFICIENCY
The home inspector will note if your home lacks solid insulation or has drafty doors and windows. All of this leads to higher energy use, which costs the homeowner dollars. Start with small updates, such as seal cracks around doors, windows, light switches and electrical sockets to prevent energy losses. Adding extra insulation to your attic will preserve the home’s heat or air conditioning. Drafty, single pane windows may turn off potential buyers. Installing Energy Star-rated windows can help save money on utilities. Upgrading to Energy Star-rated also qualifies you for a green energy tax credit. Since buyers expect windows to be in good condition before they buy, replacing them might not significantly add to your asking price. However, not replacing them could decrease it.
Bergen County Home Additions
If you’re looking for a professional and reputable contractor for home additions in the North Jersey area, check out Remco Contractors today! Remco Contractors is led by second-generation general contractor Steve Maletos and supported by his team who service customers in the Northern NJ and Manhattan areas. Remco specializes in full home renovations, add a levels, additions, new construction, office renovations and tenant improvements. Our priority is to ensure your complete satisfaction and peace of mind, and our goal is to provide you with results that will exceed your expectations. Service towns in the Bergen County, NJ area include: Rutherford, Tenafly, Closter, Teaneck, Fair Lawn, Hawthorne, Glen Rock, Ridgewood, Palisades Park, Alpine, Fort Lee, and many more throughout Northern NJ and Manhattan. For more information, you can give us a call at (973)294-1110 or explore our website.
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Other Posts:
Bergen County Bathroom Remodeling
Bergen County Office Renovations