What Are the Best Home Remodeling Projects with the Highest ROI?

May 22, 2020

Remodeling your home doesn’t just give you the opportunity to change up your space and add on more of it—it also makes it possible to increase your home’s value and recoup all or part of the project costs when you sell your home. Of course, you need to choose the right remodeling project. Not just any remodeling job will be a wise one in the long run. Here’s a list of the best room additions to increase your ROI in Phoenix, AZ.

Don’t see your desired project here? Ask the team at Renovations by Design whether your idea will pay for itself, or if you should focus on a different addition:

  • Kitchens: Home buyers consistently list the kitchen as one of the more important rooms in their home browsing process. How many times have you hosted a party where everyone ended up in the kitchen? Making your space open, functional and inviting is not only great for your personal enjoyment, but it offers a high ROI.
  • Bathrooms: Bathrooms are second only to kitchens in importance to home buyers, especially if their existing home has too few places to do their business. No one wants to be stuck competing for bathroom time. Plus, for many people, a bigger or more luxurious bathroom helps turn their home into a sanctuary.
  • Additional rooms: The more usable living space you have, the better—which is why adding additional rooms onto your existing home, or even creating an entirely new second floor, can add significant value to your home when you are ready to sell it later. In fact, you can expect to regain more than what you paid when you resell—up to 112 percent!
  • Make it green: Eco-friendly upgrades are all the rage these days, and not just because we want to be kind to the environment. Installing energy-efficient upgrades like doors, windows, LED lamps and HVAC systems will help keep your utility costs low while being eco-conscious.
  • Adding a deck: Having sufficient outdoor space is more important now than ever, which is why building a deck in your backyard can be such an attractive and cost-effective addition. You’ll have more room for dining and recreation, and can expect to recoup about 80 percent of your costs when you sell your home.

These are just a few of the best room addition projects, but there are plenty more that will increase your home’s value. Talk to a contractor to learn more about your options.

Best room additions in Phoenix, AZ

When you’re ready to add on to your home or remodel your existing space, Renovations by Design can help. Our company offers high-end home improvements to make your space exactly the way you want it. Whether you need a new kitchen, bathroom, playroom or other type of space, we can seamlessly add luxury and extra space to your existing home. Learn more about what we can do for you—and how to get started—when you call us today to arrange a consultation.

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