Finding the right home is hard enough. As a homeowner, you might spend months looking for the perfect home or live in an existing home that you wish was something else entirely. But transforming that property into one you’ll love often requires add-ons and renovations. It may be time to consider a home improvement project.

Depending on your circumstances, there’s a lot to consider with home improvement projects. Here are a few things to think about and some top home improvement projects you may wish to put on your list. 

Things to Know About Home Improvement Projects

Of course, you’ll want to upgrade your property so it better suits your tastes and needs unless you’re doing upgrades simply to get the home ready for resale. If you’re thinking about home improvement projects, here are a few things to consider:

  • Some home improvement projects improve your property’s value more than others. 
  • If you live in an HOA community, an architectural review board may need to approve certain projects. Read your community’s guidelines carefully. 
  • The contractor you choose for your projects is essential. If you choose the wrong contractor or designer, you may end up dealing with construction defects. 

7 Home Improvement Ideas to Consider

Spending more money on a home improvement project doesn’t necessarily mean you’ll get a higher return on your investment. Here are several home improvements that give an excellent return on your investment (ROI). 

1. Minor Kitchen Remodel 

A minor kitchen remodel will get the largest ROI (87%), according to This Old House. This involves small projects like replacing fixtures, flooring, or appliances but leaving cabinets and countertops in place. 

2. Second-Story Addition

If you’re planning a second-story addition to your home, you’ll certainly expand your usable space and increase your home’s value. You can expect an ROI of around 83%. But make sure you take into account any HOA guidelines for this type of project. 

3. Bathroom Addition

Maybe your home could use another bathroom. This would make it more comfortable for larger families and improve its resale value. The average cost of a bathroom addition is around $14,000, and the ROI is roughly 81%. 

4. Major Kitchen Remodel 

Maybe you want a complete kitchen remodel. This is a lot of work and costly. It involves the replacement of cabinets, flooring, countertops, appliances, fixtures, lighting, and more. The average cost of these projects is over $65,000, and the ROI is around 80%. 

5. Family Room Remodel 

Another common remodeling project is a family room addition. For example, maybe you wish to finish off a basement and turn it into a family room. You can expect an ROI of about 78% for this type of project. 

6. Deck

Adding a deck to your home is an affordable upgrade that improves your outdoor space. But many HOAs have restrictions on decks, so be sure to check first. The average price of a deck is about $5,800, with an ROI of 75%. 

7. Master Suite

If you want to remodel your master bedroom, the ROI won’t be nearly as high as some of the other projects. The average cost of this type of remodel is over $63,000, with an ROI of 74%. 

Contact an Experienced South Carolina and Nevada Community Association Lawyer

Whether your home renovation projects are creating conflict with your community association or you believe you have a construction defect issue, we can help. The Clarkson Law Group, P.C. represents property owners and community associations in South Carolina and Nevada facing these types of legal challenges. Our legal team has hands-on experience and deep knowledge of the applicable laws. Contact us today to schedule an initial consultation. 

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