Home Improvements with High ROI
Dec 14, 2023
Smart home investments are key in today’s housing market, especially for homeowners in Barrie, Ontario, looking to enhance their property’s value without overspending. We recently posted another blog article on budget-conscious home improvement projects in Barrie! This article continues the budget-conscious thought and focuses on your return on investment. These projects, all under $8000 offer a substantial return on investment (ROI). From minor kitchen remodels to strategic upgrades, these projects are chosen for their affordability and impact on your home’s appeal and overall market value.
Minor Kitchen Remodel
Cost: $5,000 – $8,000
ROI: Approximately 70-80%
Updating your kitchen can be a game-changer for your home’s value. A minor kitchen remodel is one of the most popular home improvements with high ROI. This project might include refreshing cabinet fronts, installing new countertops, or upgrading to energy-efficient appliances. Red Carpet Handyman ensures these changes not only enhance the kitchen’s functionality but also its market appeal, offering a significant return on your investment.
Home Improvements with High ROI – Bathroom Renovation
Cost: $6,000 – $8,000
ROI: Around 60-70%
A bathroom renovation adds immense value, potentially involving new fixtures, tiles, and a contemporary vanity. Red Carpet Handyman specializes in creating a luxurious yet efficient bathroom space, utilizing high-quality materials for a lasting impact.
Interior and Exterior Painting
Cost: $1,500 – $4,000
ROI: Up to 60%
A fresh coat of paint can breathe new life into your home. Interior painting revitalizes living spaces, while exterior painting boosts curb appeal. Red Carpet Handyman offers professional painting services that can transform your home’s appearance, making it more appealing to potential buyers.
Home Improvements with High ROI – Minor Repairs and Maintenance
Cost: $500 – $2,000
ROI: Varies, but generally high
Keeping up with minor repairs and maintenance is crucial for preserving your home’s value. This can include fixing leaky faucets, patching drywall, or repairing broken tiles. Red Carpet Handyman provides efficient repair services that keep your home in top condition, preventing minor issues from becoming major expenses.
Bathroom Additions
Cost: $5,000 – $7,000
ROI: Approximately 50-60%
Adding an extra bathroom or upgrading an existing one can significantly increase your home’s functionality and appeal. Red Carpet Handyman can assist with designing and installing modern, efficient bathroom additions that meet your family’s needs while adding value to your home.
Home Improvements with High ROI – Shelving and Storage Solutions
Cost: $2,000 – $5,000
ROI: Varies, but generally positive
Installing custom shelving and storage solutions is an excellent way to maximize space and organize your home. Whether it’s in the garage, kitchen, or living areas, Red Carpet Handyman can create tailored storage systems that enhance the livability and functionality of your space, making it more attractive to future buyers.
Investing in your home wisely is about balancing cost with impact. With Red Carpet Handyman in Barrie, you can undertake strategic home improvements with high ROI that are not only budget-friendly but also significantly increase your home’s value and appeal. Contact us to explore how we can assist you in making smart, value-adding improvements to your home.