There are certain home upgrades that can help add value more than others. If you are planning on selling your home in the next few years, these can help boost the resale price. When making the decision to improve your home, make sure you are improving what will help you down the line. An experienced renovation company can help you learn what home upgrades have a better return on investment than others.
NRD Construction in Ottawa is a general contractor that offers a wide range of renovation services. They share three upgrades that can help to add value to your home:
Update your kitchen
It’s common information that kitchen renovations are an easy way to add value to your home. They’re one of the most used rooms in the house, and modern kitchens are a real draw for buyers. Even minor kitchen renovations can give you a large return on your investment. This cost vs. value report shows that minor kitchen renovations in 2021 can recover 72.2% of their initial cost. You don’t need to completely redesign the entire space to see this value. Upgrades such as new cabinet fronts, new countertops, new flooring, and new appliances can help you achieve this.
Adding a deck to your backyard
The same report shows that adding a wooden deck to your outdoor living space can see a significant return on your investment. A wood deck addition can recoup more than 68% of its cost at resale. Plus, functional outdoor space will help your home compete better in the real estate market. Everyone loves the idea of spending more time enjoying the outdoors. You’ll enjoy this space yourself, for dining, relaxing, and spending time with family, until you decide to sell.
Remodel your bathroom
A mid-range remodel of your existing bathroom can go a long way in adding value to your home. While a midrange remodels typically includes upgrading the necessities, it also allows room for adding a few luxuries you may want. Opt for water-efficient fixtures and faucets when renovating the bathroom. Not only is this best for the planet, but it will help to attract informed, eco-conscious buyers. Plus, you’ll enjoy the lower utility bills in the meantime.
General Contractors in Ottawa
NRD Construction is available for any of your home contracting needs. From upgrading your kitchen or bathroom to adding a deck to your outdoor living space, landscaping and more, their highly skilled team will help. They guarantee that each client is satisfied with the end project, and they don’t stop working until the client is happy. The versatility of their work means that you don’t need to hire multiple companies for each job in your home. Hiring one contractor will make for a more seamless renovation.
Contact NRD Construction for a free consultation and quote today.
