Looking at the Most Practical and Cost-Effective Home Additions
Research shows that more than half of American homeowners are planning home improvement projects in the coming months. Those range from minor projects like replacing their flooring and repainting their walls to major undertakings like complete renovations. For most homeowners, though, their plans fall somewhere between those two extremes. Many are considering making additions to their homes to expand their living spaces or make their homes more effectively work for them.
If you’re planning a project like that, you could take it in any number of directions. Of course, making changes that add to the value of your home, from both a financial and personal perspective, is essential. Some home and room additions generate better ROIs than others. Consider some of the most practical, satisfying, and cost-effective ways you can improve your home.
Kitchen Remodels and Expansions
Kitchen remodels and expansions are high on homeowners’ lists of priorities. After all, the kitchen is one of the most used rooms in the home. Keeping it up to date and efficient and making sure it fits in with your lifestyle is crucial. Having new cabinets, countertops, appliances, and lighting installed is a wonderful way to bring your kitchen into the modern era. Those changes will make it easier and more fun to work in as well.
Like many people, though, you may feel cramped in your current kitchen. If so, expanding it might be a good choice. Expanding it outward could give you more square footage without taking away space from the rest of your home. If that’s not an option, you may be able to find a nice compromise change the layout for a more efficient setup.
Bathroom Remodels and Additions
Bathroom remodels and additions are also popular home improvement projects. They’re neck and neck with kitchen renovations right now. Millions of homeowners are unsatisfied with their bathrooms because they’re dated or unsightly. Quite a few complain that their bathrooms don’t have all the features they want or that they’re too small. Many feel they don’t have enough bathrooms to go around. If any of that sounds familiar, having your bathroom renovated or expanded or even adding another bathroom or half bath to your home could be the answer you’re looking for.
Outdoor Living Spaces
Adding outdoor living spaces has become exceedingly popular among homeowners as well. You could opt for a fairly small-scale project like adding a simple deck or pergola to your home. On the other hand, you could go all out and create an extensive outdoor space complete with a kitchen, dining area, fire pit, and an array of other features. Focusing on your outdoor space gives you more usable square footage and more ways to enjoy your home. It can give you a space for entertaining guests too.
Basement and Attic Conversions
Finally, basement and attic conversions are among homeowners’ wish lists. In many homes, an unfinished attic or basement is essentially square footage that’s sitting idle. It could certainly be put to better use. You could transform your attic or basement into an apartment, a customized game room, a home theater, or any number of other spaces. It’ll give your family more room to spread out and may give you a renewed appreciation for your home.
Making Your Home Suit Your Lifestyle
Though you could take your upcoming home improvement projects in numerous directions, some changes are more practical and cost-effective than others. Those listed here are among the most highly recommended. Each one can add value to your home, generate an impressive return on your investment, and give you more reasons to love your home.
