Whether you’re looking to add value to your home or simply make it feel more like your own, there are many remodeling ideas in Cincinnati that can save you money. But keep in mind that a remodel is not always a wise financial move.
If you’re planning to sell your home in the near future, your remodeling projects should largely be viewed through the lens of resale value. Here are five cost saving remodeling ideas in Cincinnati that could help you boost the resale value of your home.
1. Add a Basement
Adding a basement to your home is a great way to expand the amount of space you have in your house. It can also help increase the resale value of your home.
Whether it’s a new bedroom or extra living area, adding a basement to your home can save you money on remodeling costs. However, it’s important to make sure you can legally add a basement to your property before starting construction.
First, you must check with your local city or town hall for zoning laws. You should also consult with your homeowner’s association if you have one, to see if it allows this type of construction on your property.
2. Add a Deck
Add a deck to your house and enjoy the outdoors with an area for dining, grilling or lounging. It’s also a great way to increase your property value.
A recent report by Remodeling magazine found that homeowners can recoup around 62 percent of the cost of a composite deck or 65 percent of the cost of a wood deck when they sell their homes.
A deck is a permanent addition to your home, so it must follow local building and zoning codes. Designing a deck that adheres to these guidelines can save you money, said Andrew Wormer, editor of Professional Deck Builder magazine.
3. Add a Sunroom
Adding a sunroom to your home can increase the value of your property and give you additional usable space for your growing family. It’s also a great way to enjoy the outdoors without having to worry about the weather.
It can also make a great craft room or hobby room because it has plenty of natural light and no harsh fluorescent lights that distort colors.
You can also use a sunroom for entertaining guests as well. It’s a great place to play a game of pool or board games and sit with friends while talking.
4. Add a Fireplace
Adding a fireplace to your house can increase the ambiance of your living space and add value to your home. It’s also a great way to save money on your heating costs.
Whether you have a wood-burning fireplace or a gas one, there are ways to make it energy efficient and reduce your energy bills. Consider how you use the fireplace and where it’s located, and work with an expert to determine how your new feature can help you save money.
When selecting the type of fireplace to add to your home, make sure it’s energy-efficient and low-maintenance. You can choose from a variety of options, including masonry, zero-clearance, and gas.
5. Add a Patio
Patios are a great way to extend your indoor living space into the outdoors. They also add a valuable resale value to your home.
Adding a patio to your home can be a costly undertaking, but it’s worth it if you’re looking to maximize the value of your investment. According to Remodeling Magazine, a mid-range remodel will recoup 79% of its cost at resale versus only 31% for a high-end overhaul.
Before you build a new patio, prepare the ground for it. This involves leveling the surface, removing objects and making necessary adjustments for drainage and grading.
