What Projects Can Be Done to Build Equity at Home?

As a homeowner, there are certain things you always aware of: The fact that it seems your house will never be free of projects and there will come a day when you are going to sell it. When taking care of home improvement projects, you want to focus on those that will build equity. The two projects that need to take priority in this venture are kitchen remodeling and bathroom remodeling.

 

Why the Kitchen?

The kitchen is the central hub of activity in a home, especially one with children. Many homebuyers in the market today are looking for kitchens that are big, airy and functional. Keeping this in mind, you and your professional contractor can take some time to go over the things that will add value to your home such as granite countertops and high-end appliances. While these projects are never cheap, they will give you the best return on your investment of almost any other you can do.

 

Bathrooms Too?

When it comes to the number two, the bathroom remodel is the second most crucial improvement project you can do. There are a couple of things to focus on when tackling this project: the number of bathrooms and space. If you have enough bathrooms to suit your home, then no need to add one. However, if you need one more, installing at least a half bath will improve the equity tremendously. Buyers love nice kitchens and classy bathrooms.

 

When looking to improve your home and build equity, the two main areas of focus should be kitchen remodeling and bathroom remodeling. These two areas are high-demand and offer the most significant opportunity for you to get back your investment. Buyers will often hone in on these two spaces knowing they are the most expensive and difficult to fix down the road. A professional will be able to direct you in the best ways to get the most money back for your investment.