5 Remodeling Trends That Are Increasing Property Value
Do you want to boost the value of your property? If you’re about to sell, or you just want a nice addition to your home that will also pay off when you do eventually sell, remodeling is a great way to do it. In case you’re curious about remodeling to boost your property value, here are 5 remodeling trends that can do just that.
- Quartz Countertops
Kitchen spaces are on the top of every prospective homebuyers’ list. That’s why having a beautiful kitchen, laundry room, and bathroom countertops is a surefire way to increase your property value in today’s market. Upgrading from common vinyl to something like quartz is a great idea, considering quartz is extremely durable and beautiful. If you’re like most, you don’t know how to install quartz countertops, so this is one job that will almost certainly require professionals.
- Vertical House Siding
Vertical siding is a fresh new trend that’s gaining steam right now. Two of the best options include vertical metal siding and vertical board-and-batten style wood siding. If you’re worried about durability but don’t want to sacrifice beauty there are vertical metal siding options that are designed to look exactly like wood, giving you the best of both worlds.
- Insulation Upgrades
Insulation is a hidden, yet valuable part of your home. Insulation upgrades are popular right now, especially in the form of spray foam and polyiso insulation. Polyiso insulation is a special foam insulation that is used to help improve the energy efficiency and heat-retaining capabilities of your roof while spray foam is a unique, expanding foam that seeps into cracks and crevices to provide a unique method of coverage. Another trending insulation upgrade has to do with continuous, below-grade insulation that protects underground areas like basements and storage areas from moisture and water damage. Both of these thoughtful remodels are guaranteed to improve air quality, reduce energy costs, and ultimately raise the property value of your home, even if you can’t see them with the naked eye.
- Adding a Rental Space
Renting has certainly become more popular this year in both high and low-income markets. By adding a bathroom onto a bedroom and using the whole space as a rental, you can do great things for your property value. If you can afford the construction of a backyard guest house, an addition like this is certainly something to consider. For all new construction, it’s important to consider wood vs metal studs for long term value and usage. Passive income is on everyone’s mind these days, so having space in the home to rent out makes prospective buyers more enticed to pay more upfront.
- Improve Water Pressure
In a time where many people are advocating water pressure governors and limits on water pressure for environmental reasons, many people just want to take a decent shower with strong water pressure. Addressing this fact and doing whatever you can to boost the water pressure in your bathrooms is often an affordable way to ensure that future residents will have a great experience in your home. Other water upgrades like drainage improvements and permeable paving are excellent options to further increase property value.
Make Your Next Remodel Worthwhile
If you’re looking to remodel solely for the purpose of increasing your property value, or you just want a nice remodel to enjoy that will eventually pay off when you do sell, the options on the list are some of the best that you’ll find — but certainly not all-encompassing. Whether you use one or multiple trends, you’re sure to reap the benefits come listing time.
Matt Lee is the owner of the Innovative Construction and Building Materials blog and a content writer for the building materials industry. He is focused on helping fellow homeowners, contractors, and architects discover materials and methods of construction that save money, improve energy efficiency, and increase property value.