An outdoor kitchen that goes beyond the grill with features such as cabinets, countertops, a bar and a small sink or refrigerator enhances the luxury and charm of outdoor dining and entertainment. Our agents say that buyers especially like a combination with a grill, sink, fridge and bar (46%), as well as a retractable awning or awning for shade (34%). A Bank of America survey revealed that more than 70% of Americans tackled home improvement projects during the COVID-19 pandemic, with millennials spending the most. If you don't want to spend a fortune on a professional to replace the floor, consider doing this house renovation yourself.
Most people want to get the best value for their money by doing home renovations and there are some important things to keep in mind. Contrary to popular belief, a pool renovation or addition is not the best way to add value to your home. According to the same report by the National Association of the Remodeling Industry, realtors estimate that homeowners can recover 57% of the cost of renovating a bathroom if they sell their home. Your house is a huge financial investment, and any money you put into it should not only increase your enjoyment of the house now, but it will also add value that you will recover when you sell it.
Before you research renovations that could add the most value to your home, decide how much you can afford and how you'll pay for renovations. And before the value of renovations can be considered, investors need to make sure that any new additions fit into the existing space, something that the best home design software can help with. As with all home renovations, customization can lead to a decrease in home value, and built-in technology that can quickly become obsolete is no exception.