5 Remodeling Trends That Are Increasing Property Value
Renovating or remodeling your home can be a smart investment that can add character and style while increasing the property’s resale value. However, all remodeling jobs are not equal, and renovating one part of your home does not necessarily result in an automatic increase in your home’s value. Cost vs value considerations should be analyzed before any remodeling job is undertaken.
Extensions, room renovations, and upgrading features like plumbing systems and countertops can make your home more comfortable and livable. Some remodeling projects will do more to get a return on your investment than others. The following are some of the recent remodeling trends that are increasing property value for homes across the country.
1. Upgrade to Quartz Countertops
Kitchen remodeling can add significant value to your home, and there is not much that can add value to a kitchen like new quartz countertops. Quartz has surpassed granite as the top choice in countertop surfaces and installing them as part of a home remodeling plan will serve to add value to your home. Benefits to quartz countertops include:
Wide range of color options
Sleek waterfall edge countertop
2. Install a Deck
Adding a deck to your house will create a dynamic, new outdoor entertainment location, increase the overall square footage of the home and do an excellent job of increasing the property value, but only if constructed by home remodeling professionals who use quality equipment and tools, like hidden deck fastenersand a good deck calculatorto give your deck a sharp, clean look that fits the space. A poorly designed or constructed deck will defeat the purpose and goal of remodeling projects.
3. Upgrade Drainage System
Poor drainage can result in leaky basements or even structural damage to the property’s foundation, a determining factor in assessing a home’s value. Proper structure and landscape drainageupgrades performed by professional, licensed contractors is a remodeling job that will increase the value of your home.
4. ICF Extensions
Home extensions built with insulated concrete forms (ICF) will meet or exceed FEMA guidelines for continuous load path and impact resistance. In the event of a tornado or hurricane, rooms built with ICF construction will help to ensure the safety of the home and those in it.
Adding rooms or wings with ICF materials means you’ll have the safety property of a storm shelter, transforming your property into a practical tornado and hurricane-proof house — a feature that is sure to increase the resale value of homes in areas prone to these natural disasters.
Benefits of ICF home construction extensions include:
Cost-effective construction -ICF construction requires less labor and fewer materials.
Energy savings – Among the biggest appeals of using insulated concrete forms for home extension construction is the long-term savings on reduced energy bills. Studies have shown that ICF construction can be as much as 60% better at conserving energy than traditional wood framing. Lower utility costs, enhanced structural integrity, and improved air quality makes the construction of ICF net zero buildingextensions the smart choice for today, and the future.
Shelter from tornadoes and hurricanes – Rooms and home extensions built with ICF construction can offer protection from high winds up to 250 mph, helping to keep the home and its inhabitants safe from damaging tornadoes and hurricanes. Homes and rooms built with ICF technology and materials are fire-resistant, making them safe to store valuable items and heirlooms
5. Smart Home Improvements
Integrating your home with smart home technology is fast becoming a priority for renovation projects that will increase the property value for resale purposes. Incorporating a smart home automation system into remodeling plans can make your life easier and while living in it, and when it is time to sell.
Your home is likely your biggest investment. Protect your investment by ensuring your property values increase by staying on top of modern design trends.
Mandy Lee is a contributor to Innovative Green Building Materials. She is a blogger and a content writer for the building materials industry. Mandy is focused on helping fellow homeowners, contractors, and architects discover materials and methods of construction that increase property value, maximize energy savings, and turn houses into homes.