Many homeowners work on upgrades and renovations to improve the look and feel of their home. These upgrades are an investment, but the benefits are worthwhile –so much so that Americans spent around $13,000 on home projects in 2021, on average. According to home improvement marketplace HomeAdvisor, this was an increase of nearly 50% above what was spent in 2019.
But why are homeowners willing to earmark this expense for whole home renovations? Read on to find out!
Increases Property Value and Marketability
Whole home renovations that are done right will result in increased property values as a result. Depending on the kinds of renovations you undertake, you can expect an impressive return on investment. This makes the home more marketable and appealing to potential buyers who want a home with the latest upgrades and modern accessories and conveniences.
Makes the Home More Comfortable and Inviting
Renovating key areas of the home — such as the bathroom, master bedroom, and kitchen — can make your home more comfortable and enjoyable for you and your family. Improving these areas can make family time more enjoyable and relaxing for everyone. When you feel at home in your home, you can enjoy the time spent there and make better memories with family and friends.
Allows for Creative Personalization
Customization is a big benefit of owning your home and choosing to renovate. With a whole home remodeling project, you can bring in your own personal flare and touches to every aspect of your home. You can truly make your house into your home by customizing its look and functionality to fit your lifestyle.
Earns You Rebates and Tax Savings Discounts
The final benefit of whole home renovation work is that you can be rewarded for certain improvements and upgrades. Adding energy efficient windows and doors, upgrading to better appliances, and adding new rooms or a new roof can qualify you for certain tax write-offs in some cases. You can get the upgrade you want and be rewarded for it at the same time come tax season.
Consider the ways you can make your house feel more like a home with custom home renovation work. To learn more about how we can transform your property with a whole home renovation, please contact our team today.