As we dive into the 2023 holiday season it’s natural to reflect on the things we’re grateful for. From the loving support of our spouse to the one coworker that helps our day go by just a little quicker, there are so many things to be thankful for. For homeowners, one of those things might very well be a new home remodel! Whether you are looking into fixing the lack of storage in your current home or renovating your unfinished basement, an update to your space may be exactly what you are looking for.
With that, having a warm and welcoming home that is ideal for your holiday festivities is not the only thing to be thankful for with a remodel. In this blog, you will see our top choices on what Home Remodeling projects are a great return on investment (ROI), because any project that can raise your property value is something to be thankful for!
The kitchen is considered the heart of the home, and for good reason. It’s where families gather to cook, eat and spend time together. And during the holidays, it becomes the central hub for all festivities. People love to be in the action. Smelling the turkey in the oven, catching up while rolling out pie crusts, and so much more, are why people gravitate to this space.
Outdated kitchens can be cramped and inefficient making it difficult to enjoy this important space. By updating your countertops, cabinets, appliances, and lighting, you can create a more functional and aesthetically pleasing space that’s perfect for both everyday meals and hosting holiday gatherings.
Now, having the perfect kitchen isn’t the only thing to be thankful for with a remodel. They can also increase the resale value of your home. In fact, according to Remodeling Magazine’s 2020 Cost vs. Value report, a minor kitchen remodel can have an ROI of more than 77%, making it one of the most valuable home improvement projects you can undertake. Now, to us, that is something to be thankful for!
Next on our list is the ever-so-important bathroom remodel! There is nothing like stepping into your own home spa oasis after a long and heavy Thanksgiving day meal. Adding new features, such as a rainfall showerhead, soaking tub, or radiant floor heating can help create a luxurious space that feels like a five-star resort.
If you’re planning on selling your home in the near future, a modern and luxurious bathroom can help attract potential buyers. Just like a kitchen, a spa-like bathroom is not only great for your own space, but can help grow your ROI.
Are you looking to remodel your bathroom but need some ideas? Check out a few blogs we have written specifically about bathrooms!
- 3 Bathroom Transformations to Get You Inspired
- 6 Types of Tubs for Your Perfect Bathroom Remodel
- You’ll Enjoy the Benefits that a Bathroom Remodel Provides
- Beautify your Bathroom on a Budget with these Inexpensive Remodeling Tips
Basements don’t have to be the creepy nightmarish place they once were. Utilizing the empty space below your main living areas can not only give your guests a more comfortable place to relax, but can also add essential square footage to your home. Plus, your options are endless. You can create a comfortable lounge space for your family, a home theater, a home gym, an additional bedroom, or even a game room. A basement can be transformed into a functional and enjoyable space that your friends and family will envy. And, because basements are often underutilized or unfinished, a remodel can be a cost-effective way to add value to your home.
For a few more ideas, check out our blog, Your Basement = Your Bonus Room!
Fireplaces are a centralized location of the house that people tend to gather by, especially during holiday celebrations. Although not the highest on the list of ROI projects, updating your stale fireplace can drastically change the design and aesthetic of your home, so we decided to add it in! Whether you are looking to create a cozy cottage feel or a sleek modern design, the smallest changes can make the most impact. Plus, creating a warm and inviting space for your guests to gather around during the holidays, is a pretty great perk. So, whether you’re looking to install a new insert, update your mantel, or add new tile or stone, a fireplace update can be exactly what your house needs to become a home.
Although we added some of our favorite remodeling projects into this list, they aren’t the only ones. In addition to these spaces, there are other home remodeling projects that can bring value to your home. Here are a few more ideas:
- Adding a deck or patio can create an outdoor living space that is perfect for entertaining guests.
- Updating your front door, entryway, and garage door can improve the curb appeal of your home and make a great first impression on potential buyers.
- Upgrading your windows and doors can improve energy efficiency and save you money on heating and cooling costs, which we talk about in our last blog, 2024 Design/Build Remodeling Trends.
- Adding a home office or a flex space can create a function and versatility that can be used for a variety of purposes.
As you reflect on the things you’re thankful for this holiday season, don’t forget to consider the value that a successful remodeling project can bring to your home. Whether you are looking to update your kitchen, bathroom, basement, or fireplace, you can improve your home’s functionality, comfort, and aesthetic appeal while also increasing its resale value.
At Christies Design/Build Remodeling, we understand the importance of having a home that you love. Our experienced team can help you transform your home into a space that is both beautiful and functional. Contact us today to schedule a consultation and learn more about our home remodeling services.