Unlocking Home Value: The Impact of Remodeling

For most homeowners, cost and budget play a significant role in remodeling decisions. However, many overlook the potential return a remodel can bring. Beyond enhancing the appearance and feel of a home, upgrades to kitchens, bathrooms, and basements can add measurable value. In fact, studies show that these projects can recoup anywhere from 50% to nearly 100% of their cost when it’s time to sell.

The Value of Remodeling

Remodeling your home is not just about aesthetics. It’s an investment in your property. When you consider the potential return on investment (ROI), the decision to remodel becomes clearer. You can enjoy your upgraded space now and reap the benefits later.

Kitchens: The Heart of the Home

It’s no surprise that kitchens consistently deliver one of the highest returns on investment. Many view this space as the centerpiece of the home. For prospective buyers, an outdated kitchen can turn interest into hesitation. Even modest updates (see this recent article on Refreshes) can make a huge impact.

According to the 2024 Cost vs. Value Report, a mid-range kitchen remodel can recoup nearly 96% of its cost at resale. For homeowners, that means enjoying a more functional, attractive space today, while knowing it will pay back when it’s time to sell.

Basements: Unlocking Usable Living Space

A finished or remodeled basement expands a home’s usable square footage, offering options like entertainment rooms, extra bedrooms, or home offices. In today’s society—where remote work and multi-generational living are increasingly common—this added space can be a major selling point.

On average, basement remodels return about 70% of the investment. While it may not match the ROI of kitchens, the additional livable space can set a home apart in a competitive market.

Bathrooms: Comfort Meets Value

A bathroom remodel can transform this room from purely functional to a pleasurable retreat. Upgrading a bathroom with features like a walk-in shower, double vanity, or new fixtures brings immediate comfort while also boosting resale potential.

National averages show that a mid-range bathroom remodel delivers about a 74% ROI. That combination of everyday enjoyment and notable return can make bathroom renovations a smart project for homeowners.

Other Areas That Add Value

While kitchens, bathrooms, and basements often lead the way, other spaces in a home can also deliver strong returns. Remodeling a primary bedroom with a walk-in closet and updated suite can enhance buyer appeal. Outdoor living spaces such as decks, patios, or screened porches extend living space and frequently return 60–70% ROI. In today’s remote-work environment, converting an attic or small room into a home office can be a strong selling point.

The Ultimate ROI for a Remodel

Of course, beyond increasing a home’s resale value, remodeling space in your home brings other very important benefits. Benefits like making cooking and entertaining more enjoyable. Or, creating space for family and hobbies. Ultimately, remodeling pays you back in quality of life now, long before it pays off in resale value.

Why Choose McBride Construction?

So, are you considering remodeling your kitchen, bathroom, basement, or other space in your home? McBride Construction has the expertise to guide you from planning to completion. Contact us today to schedule a consultation and discover how the right remodel can improve your home’s value and your everyday life.

Conclusion

In summary, remodeling is a worthwhile investment for homeowners. It not only enhances your living space but also increases your home’s value. Whether you choose to update your kitchen, finish your basement, or remodel your bathroom, each project can yield significant returns. So, take the leap and start planning your remodel today!