When thinking about your Asheville home renovations, it is important to keep in mind the long-term costs and benefits to these efforts. You might be surprised at just how much or little the average homeowner can make back from a redesign. Let’s take a look at some of the most profitable and least profitable home remodeling projects today.

Kitchen remodeling

Unless you have a brand new home or a pre-existing dream kitchen,
many homeowners will look into kitchen remodeling at some point. This
is, perhaps, because we spend so much of our time in the kitchen, and so people naturally want this space to feel inviting, as well as functional.

Homeowners who opt for kitchen renovations can easily see a 60% or more return on their investment. However, there are certainly times when a kitchen remodel has exceeded 100% return on investment. Low- to mid-cost kitchen remodeling generally yields the highest profits, while expensive kitchen remodeling may fall in the lower 60% range when considering your returns.

When planning your kitchen remodel, it’s important to keep in mind your short- and long-term goals for your house by considering wear and tear and overall resale value and appeal.

Bathroom remodeling

Bathroom renovations are just as popular as kitchen remodeling, and for good reason. Similar to kitchens, bathrooms are used frequently, so a thoughtful design can make all the difference when it comes time to cashing in on your profits.

Also similar to kitchen remodels, bathroom renovations produce an average of 60% or more return on investments. While bathroom remodels certainly can be just as expensive as kitchen remodels, they tend to be more affordable, making them a popular choice for homeowners.

Master Suite

While you may have been dreaming of your perfect master bedroom, know that these generally yield a lower return on investment than other home improvement projects. Expect to see a 55% or lower profit from such a remodel.

However, not everything is about profit and loss. Sometimes, we just know when we’re going to be at a home for a very long time, or maybe even forever. And it’s important to make the place just how you want it.

Sunrooms

While you might not think it, sunrooms are pretty expensive. And as wonderful as they can be, they don’t always have the highest resale value. Expect to see a 45% or lower return on this home renovation.

But, as always, remember that your investment isn’t the only thing to consider. A sunroom can certainly add a lot of value to a home and a family, even if not always monetarily.

Let Brock Builders Help

No matter what home remodel or renovation you might be considering, Brock Builders is here to help make your Asheville home designs come to life!