The kitchen and bathrooms are the most commonly renovated rooms in the house. Both types of renovations can improve property value when done properly. Also, by remodeling the kitchen and the bathroom, you’ll improve functionality and your personal enjoyment of each room.
Magnum Construction Services in New Westminster shares more:
The value of a kitchen renovation
A kitchen renovation has a great return on investment. The return is determined by how much of the renovation cost will be added to your home’s overall property value. According to this cost vs. value report, a minor kitchen renovation can recover nearly 78% of its cost at resale. So, if you spent $23,500 on a kitchen remodel, you can add $18,000 or more to your property value.
How you can improve the function of your kitchen
More than adding value to your home, a new kitchen can improve your daily home life. Not only will aesthetics improve, but the way you use your kitchen can also improve too. Custom cabinets with built-in features can make storing and accessing dishes, pots, and pans, and small appliances easy and convenient. Granite or quartz countertops will create a durable workspace, both being resistant to heat and scratching while creating a focal point in the room.
For major remodels, changing the layout of the kitchen can improve function. You can create a good workflow between the stove, fridge, and sink with the “work triangle” design. This will allow you to move easily between each workspace as you prepare meals and cook. A new kitchen island will provide additional storage, more counter space, and even a space for dining.
The value of a bathroom renovation
A bathroom renovation also has a good return on investment. For a mid-range bathroom remodel, expect to recoup up to 64% of its cost in added property value. Depending on what you choose to change in the bathroom, you can increase that ROI by choosing cost-effective upgrades. This is where a professional bathroom renovation like Magnum Construction can help.
How you can improve the function of your bathroom
Bathrooms are a major culprit for wasted water in the home. To improve the function of your bathroom and improve efficiency, install low flow fixtures and faucets. A low flow toilet will use a fraction of the water compared to a conventional toilet. Aerated shower heads and taps also save water, and with innovative technology, you won’t have to sacrifice water pressure either.
Bathroom storage can be an issue, especially in smaller spaces. In your bathroom renovation, plan for additional storage with floating shelves, a corner shelving unit, or adding a new vanity cabinet with more drawers and cabinet space.
Bathroom Renovations and Kitchen Renovations in New Westminster
Magnum Construction Services is a professional renovation company that focuses on kitchen and bathroom renovations. They serve New Westminster and surrounding areas and are proud to be on of the Top 5 Finalists for the 2020 BC Small Business Award. They’re committed to quality workmanship, customer service, and clear, open communication throughout your project. If you are embarking on a kitchen or bathroom renovation, start by contacting Magnum Construction.