If you’re from Arlington VA and you’re planning to resell your home sometime in the future, you would want to increase its value. Home additions are a great way not just to upgrade your property, but also to make it more marketable. What are the best building additions to your home that actually pay off?
1. Bathroom Addition
Topping the list is bathroom addition, which can most likely recoup most, if not more than the amount of your investment. According to some realtors, a great deal of clients usually look for houses with two bathrooms or at least one bath and a half. So, if you have only one bathroom in your home, it’s about time to add another. If you’re looking for a home addition contractor in Arlington VA that you can trust, you can contact VP Construction. We will provide you the best options with the highest possible returns.
ROI: up to 130%
2. Small Kitchen Renovation
Most potential home buyers in Arlington VA consider the kitchen as one of the most important spaces in a home. They tend to pay more for updated kitchens with high-end finishes and special features that are both appealing and functional. Kitchen remodeling can be costly but it’s worth it if you know which parts to enhance. According to Forbes, the top kitchen upgrades are cabinet and hardwood floor refinishing, sink and hardware replacement, backsplash addition, and butcher-block, countertop or hood installation.
ROI: up to 120%
3. Energy-Efficient Upgrades
With several campaigns and regulations encouraging people to have a green lifestyle, many buyers now look for an energy-efficient home. Apart from helping the environment, it can reduce electricity costs in the future as well. Compact fluorescent lamps (CFLs), for example, can be replaced with more energy-efficient light-emitting diodes (LEDs). Insulating walls and windows can also help save on heating and cooling costs, making them worthwhile investments.
ROI: up to 116%
4. Pop Up Second Floor
To add room extensions to an existing home, people have the option to either build out or build up. Many prefer the latter due to lot restrictions and other regulatory hurdles. Pop up house extensions are considerable investments, so proper planning must be done to determine the least possible cost of building an addition without compromising quality. Make sure to hire experienced contractors like Pop Up Kings, our very own unit specializing in pop up home additions in Arlington VA.
ROI: up to 112%
If you have a large front yard, landscaping can immediately improve the facade of your home. You can do this on your own if you got a good eye on design, to minimize expenses. However, if you would rather have it done by a professional, hiring a landscape designer costs $1,465, according to the American Nursery Landscape Association.
ROI: average of 100%
6. Exterior Refurbishment
The exterior usually makes the first impression when you put your house up for sale, so you better make a good one. In some instances, it is a major deciding factor for home buyers. Replace old doors and siding to make your home look brand new. Re-roofing is also a great idea to boost resale value.
ROI: up to 97%
An outdoor deck significantly increases the square footage of a home at a minimal cost and with a high return on investment. Sturdy materials can make a deck last longer and appeals more to potential buyers. If you don’t have enough space for a patio, decks are a great alternative to experience the outdoors during warmer seasons.
ROI: average of 80%
8. Attic Bedroom
By adding shed dormers, you can turn an old, untouched attic into a small bedroom. Dormers can vary in price depending on the style, shape and size you are going for, but it is relatively less expensive compared to room additions. Plus, attaching a shed dormer strategically increases usable living space, thereby increasing home value.
ROI: up to 80%
9. Basic Garage
Buyers who own cars normally go for houses with a garage, making it a worthwhile investment. While top-end garages have lower returns, a basic garage addition gives better yields. A freestanding garage with simple shelving and lighting should be enough and would be a smaller investment.
ROI: average of 63.7%
Having said that, not all homes are created equal. The ROIs presented above are just estimates, and you are not guaranteed the same figures. Before making any major decisions, it is still best to consult with a reputable contractor like VP Construction that can guide you in any decision-making that involves home construction and improvement. At VP Construction, we highly value customer trust and we strive to always have our clients’ best interests at heart.
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