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There are many reasons a homeowner decides to remodel. An upgrade from outdated décor can help you enjoy your home more. Or, you may be looking to sell your home and a remodel may help. Whatever the reason, any remodel or addition is a big project that should have careful attention.
If you’re planning a remodel this year, look at a few of the popular home projects. By incorporating them into your remodeling plans, you can increase your home’s overall ROI and have a better chance of selling your house quickly this year.
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1. Kitchen Remodeling
One of the best investments you can make in your home, especially if you’re looking to sell, is in the kitchen. The kitchen is considered the heart of the home, a place for family to eat and gather. So, it’s easy to see why so many homeowners consider this a selling point. The average cost to remodel a kitchen is $18,727, with most homeowners spending between $12,986 and $21,306. This price varies based on the kitchen projects you have planned and those material costs.
It’s also possible to simply update certain parts of the kitchen to get them up-to-date, without a complete overhaul. Whether you’re planning a total remodel or looking for a trend to update your kitchen, here are a few trendy ideas:
If you’re remodeling your kitchen this year, a breakfast nook is a welcomed addition to the kitchen you can enjoy every morning. It doesn’t take too much space to create and can be the perfect way to update an older kitchen.
This year is all about incorporating technology in your home, especially in the kitchen. Update old appliances to models that connect to your smartphone. Install a charging station so the whole family can charge their devices. Invest in cabinetry that accommodates new innovations. See where you can incorporate the latest technology in your kitchen.
2. Home Theaters
As more families seek areas of the home to retreat together, home theaters will get more popular. This is a great way to make use of an unused basement or finished attic. The largest costs with a home theater typically come with the surround sound. The average cost to install a home theater surround sound system is $992. However, you’ll also want to consider costs of furniture, television and other theater amenities you choose when you’re budgeting.
3. Bathroom Remodeling
Another home remodeling project that can impact the overall ROI of the home is the bathroom. If you’re thinking of selling your home this year, evaluate the look of your bathroom, as it can easily make or break the sale of your home. Get rid of outdated tiles and colors and choose neutral tones that are hot right now. The average cost to remodel a bathroom is $8,493 with most homeowners spending between $6,404 and $9,517. Of course, there are changes you can make to update your bathroom without a complete remodel. Here are a few to consider:
Get rid of old, outdated colored tie and replace with a white or gray tile for your shower or walls. These neutral hues are in style this year and can be incorporated into almost any bathroom décor you choose.
The minimalistic look is a hot trend in any room of the home this year. When it comes to the bathroom, that can be a challenge. Towels, bath accessories, and toilet paper are just a few items that need a place in your bathroom. Large or small, these items must have a place in the bathroom. Consider upgrading your bathroom cabinet or vanity for storage purposes.
4. Creating An Outdoor Oasis
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This year, homeowners took their remodeling projects outside to add more usable square footage to their home. The focus was on creating a place for all to relax and enjoy outside. The American Institute of Architects reported a 69% increase in decking projects among surveyed architecture firms. Many included homeowners looking to expand their current decks. This focus on creating more outdoor space to enjoy is sure to carry in through 2017. The average cost to build a deck is $6,408.
A deck isn’t the only way to create an outdoor oasis. Patios and unique landscaping can make all the difference. Fill with comfortable furniture and a table for outdoor dining.
5. Home Insulation
One of the hottest home trends this year is creating a sustainable home. Installing or replacing insulation in your home is one way to accomplish that. Attic insulation has a high ROI, according to the Remodeling Cost Vs. Value Report. The study estimates a $116 return for every $100 invested in this project. This is a project that’s beneficial for your home and wallet, as you can also see home energy prices reduce.
If you’re taking on an insulation project in 2017, leave it to the pros as it doesn’t make for an easy DIY. The average cost to install insulation is $1,311 with most homeowners spending between $997 and $1,382.
Make 2017 the year to get more out of your home by updating it to reflect the popular trends of the year. Not only will you see a benefit to your home’s value, but it’s sure to be a space you'll enjoy for years to come!
Looking for more trendy home ideas for the new year? Read 2017 Home Design Colors & Trends.