In Minnesota, spring and summer are prime seasons for home renovations, so the early portion of the year is the perfect time to start planning out your home remodel. At Kiser Construction, we know that investing in the value of your home can yield substantial returns when you decide to sell — but only if you choose renovations that have a high ROI.
What might those renovations be? Our team compiled a brief list of home updates that are well worth the investment, so if you’re contemplating a spring or summer remodel, here’s what you should consider:
Who doesn’t love an inviting, relaxing, functional bathroom? Since your bathroom is one of the most highly trafficked areas in your house, updating and refreshing its contents is almost a no-brainer. A new vanity, toilet, tub, shower, or fixtures can significantly impact the overall appearance of this oh-so-essential room, not to mention improve its overall functionality. Plus, if you ever decide to sell, potential buyers will no doubt appreciate the extra effort.
On average, a minor bathroom remodel can cost you anywhere from $10,000 to $11,000, but in the majority of homes, that remodel returns 102% of its initial investment.
Your kitchen is likely the most trafficked area in your home, so it can sustain a significant amount of wear and tear over time. If your kitchen feels small and cramped or you’re living with outdated appliances and drab kitchen cabinets, a kitchen remodel is the perfect solution.
Most homeowners plunk down anywhere from $12,000 to $25,000 to bring their kitchens into the modern age, but on average, they recoup 99% of that investment.
Your attic is an ideal location for storage, but some homeowners will look at the area and wonder what it would take to revitalize the space and give it more uses. If you want to add square footage without expanding the home's footprint, an attic conversion might be the right choice.
This improvement can range between $8000 and up to $30,000 in remodeling costs. And with a return of 93-95%, the bedroom or remodeled space you have always wanted is an excellent investment.
Deck and Patio
If you have been contemplating doing a patio or deck installation, the good news is that this project can have a return of up to 80%, depending on the design. Adding touches like lighting, railing posts, and accessories can be excellent sales points if you choose to sell your home down the road.
The average cost for a patio can range between $1000 and $5000, while a deck can cost between $2800 and up to $6500, depending on how many details you include. The simple fact is, by choosing this installation, the investment becomes an additional living space that enhances the existing structure making it an excellent choice to consider.
Basement remodeling ranks high on the return of investment scale, and they are typically a less expensive option than adding new space to the home. They are also a tax write-off if you are planning on using the area for an office, or they can make an excellent area where you can have movie nights, build a mother-in-law suite, have an art center, or have a workout room.
Besides all these benefits, this project has an estimated return of around 70%, and the average cost starts at about $50,000. So when you consider the benefits, this investment helps enhance the value of your home, and your life, making it a great option.
Window and Door Replacement
In Minnesota, energy-efficient, well-constructed doors and windows are a must. If you own an older home, chances are its doors and windows are in dire need of an upgrade, not only for aesthetics but also for your monthly energy costs.
While the cost of these upgrades can vary substantially depending on the type of materials you choose, they almost always deliver a 90%-100% ROI. When you invest in new windows and doors, even if you don’t plan on selling your home in the near future, you’ll enjoy reduced energy costs year-round.
Want to Upgrade Your Home? Contact Kiser Construction Today
Finding dependable, transparent home remodeling contractors can be a challenge — our team at Kiser Construction is here to change that. Reliability, transparency, and consistent communication form the backbone of our business philosophy, and all of our contractors hold the best industry-standard certifications and licensing.
Whether you’re looking for home addition contractors, kitchen contractors, bathroom remodeling, or kitchen remodeling, you can trust that when you work with us, we’ll only deliver the best. To learn more about how we can help you upgrade your home, give our team a call at 763-633-2010, or feel free to reach out to us on our contact page.
If you’re in need of immediate restoration services after a disaster, don’t hesitate to call our emergency line at 612-518-8852.