Estimates put home renovations at around $600 billion for 2021.
As more millennials take on homeownership and remote work becoming more commonplace, the need to remodel the home continues to grow. More homeowners are making the decision to stay in the same place instead of buying a new home to upgrade.
There are several different types of remodeling. Whether it’s updating the home or adding more space, remodeling can help with it all.
If you’re trying to decide what type of remodeling project to take on next, then keep reading. Let’s take an in-depth look at the top types of remodel jobs to tackle for your home.
1. Kitchen Remodeling
The kitchen is one of the most popular areas of the home to renovate. It’s often the center of activity for most homes. The kitchen is where the family gathers for mealtime.
Do you enjoy entertaining friends and family? Do you love preparing complex meals? Does your kitchen look as if it came from the 80s? If so, then a kitchen remodel could be for you.
Many homeowners are choosing to expand the area to make it more open and spacious. Also, updating the kitchen to feel more modern is another popular renovation choice.
If you do choose to remodel your kitchen, you can expect to recoup about 60% to 80% of the remodel costs when you decide to sell your home. On top of that, a new and updated kitchen is a top factor that many buyers are looking at when shopping around.
If you want a great way to make your home more appealing to would-be buyers in the future, as well as increase your own enjoyment of your home while you’re there, then a kitchen remodel is the perfect option.
2. Bathroom Remodeling
As more homeowners choose to remain in place and families increase in size, so too comes the need to renovate the bathroom. Bathroom remodeling ranges from increasing how many sinks are in a bathroom to transforming a tub into a step-in shower.
Also, more families are showing an increased interest in being environmentally friendly. You can remodel the bathroom to help save water, as well as switch to green fixtures to save on the utility bill for electricity.
If you’re keeping an eye on the future and want to increase your home’s value, then a double vanity is one option. One report from top real estate agents showed that buyers have increased interest in double vanities in the bathroom.
3. Addition Remodeling
Adding a room or more is another popular option. When a family has another child and they’re planning to stay in the same home, they’re often left with not enough bedrooms to go around. So, adding an extra bedroom for the new family addition is one of the primary reasons behind addition remodeling.
Adding a home office is another top reason behind addition remodeling. Working from home is growing in popularity and becoming far more prevalent. With this shift in work culture, more and more families are finding a need for a designated workspace at home. Hence, the need for an add-on to the home for an office.
4. Home Exterior Remodeling
If you plan to sell your home further down the road, then remodeling the home exterior is always a good choice.
The exterior of the home is what leaves the first impression on people. If the outside of the home has seen better days, then you should consider a home exterior remodel.
With design-build remodeling, you can have your home updated however you please.
5. Deck Remodeling
A deck is a raised platform that’s often at the back of a home. If you enjoy spending your evenings lounging outside and grilling, then a deck is a perfect spot to hang out.
The cost for adding a deck will vary based on how large you want it and what materials you choose to use. Because of this, you can expect to pay anywhere between $2,000 for a simple deck to $22,000 for a more upscale version.
6. Basement Remodeling
Finishing a basement is a great way to add more livable space to a home, as well as increase the overall value of the property.
If you have a large enough basement, you can transform it to contain multiple bedrooms, a living room, and a bathroom. Some thrifty homeowners are renovating the basement and turning it into a full apartment to rent out and earn extra money.
Other options for basement renovation include turning the area into a home theatre, a cozy den, a gaming room, or even a wine cellar. The options are limitless for what you can do with your basement.
7. Roof Remodeling
While remodeling the roof isn’t the most exciting, it’s no less important. The roof is an essential part of your home that protects it from the elements.
If you have a roof that’s well over fifteen to twenty years in age, you should put some serious consideration into renovating it.
There are several varieties of materials and colors to choose from for your roofing. All of these choices will play a role in affecting the look and feel of your home.
The most common materials you can use for your roof include:
- Asphalt shingles
- Wood shingles
- Tile roofing
- Metal roofing
- Slate roofing
Each type of material has its own pros and cons to consider. Some materials are more durable, while others focus on enhancing the aesthetic of your home at the cost of how long it lasts.
There Are Many Types of Remodeling to Choose From
As you can see, there are all types of remodeling projects to tackle for your home. What you choose to do will vary based on your own unique needs and wants. Whether you want to add more living space to your home for a new family addition or find yourself in need of quiet office space for a new job, the options are endless.
We hope you found this article helpful in discovering the top types of remodeling for a home. Be sure to check out the rest of our site for other great remodeling tips!