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Corcoran Legends
Rob Lowenthal, Corcoran LegendsPhone: (914) 450-8120
Email: [email protected]

ROI: Which Home Improvement Projects Add Value to Your Home?

by Rob Lowenthal 12/02/2022

Home improvement projects not only help you personalize your space to suit your style, but they can also boost your property value. When you are investing in a home improvement project, it's important to choose one that is going to allow you to enjoy the greatest return on your investment.

These home improvement projects typically add the most value to your home:

Kitchen Remodel

A kitchen remodel is one of the most costly home improvement projects that you can take on, especially if you decide to renovate your kitchen from the ground up. However, this is also one of the most valuable investments that you can make in your home. A renovated kitchen can provide you with anywhere from a 50 to 80 percent return on your investment, depending on the choices that you make and the amount of money that you invest in the project.

New Windows

Installing new windows in your home is an improvement project that will increase your quality of life inside your home while also ensuring you enjoy a generous return on your investment when you go to sell. It is important to opt for energy-efficient windows to get the most cost savings and see the highest returns. Don't forget about the rebates and tax credits you may be eligible for when you invest in energy-efficient windows.

Improved Deck or Patio

When you make a commitment to improve your outdoor living space, you are investing in your own enjoyment of your home. However, a freshly painted deck or a new patio can also add a lot of value — either project can offer a 30 percent to 60 percent return on your investment.

Basement Refinishing

Finishing the basement in your home can transform this storage area into a new, functional living space. If you add luxury features, such as a full bathroom or a wet bar, you may find that you see an even larger return on your investment from this project.

Any home improvement project — regardless of its size or scope — is going to require an investment of your time, energy and financial resources. When you select value-added home improvement projects, you may find that your investment pays off in dividends when you list your home on the market for the highest possible price.

About the Author
Author

Rob Lowenthal

“I sell your home like it's mine”

A licensed real estate salesperson since 2016, Rob is affiliated with the Briarcliff Manor office of Corcoran Legends Realty. He serves buyers, sellers, renters, in Westchester, Rockland, and Putnam counties. Rob, a native of New York and Westchester County for most of his life, brings an extensive local knowledge of both residential and commercial properties to the table. His experience includes a wide range of property types – single-family, multi-family, condos and mixed use. “Hard to sell” properties is where Rob really excels. “There’s no problem that cannot be solved.”

Rob is certified for many different disciplines in real estate. Cartus Relocation Network Agent, AARP Agent, National Tenants Network (NTN) Agent, Green certified and Pricing Strategies Master. In addition, Rob has completed the Leader’s Edge Advanced training to better serve his clients. Rob has been both associate of the month and top closed dollar agent.

When you work with Rob, you get the feeling you’re his only client. Numbers don’t count, you do. Clients always come first. Each transaction is handled as if it were his own home. Rob strives to make the process as seamless as possible and takes care of all the details, no matter how small. His clients rave about his above-and-beyond service and prompt informative communication. Rob is easy going, friendly, and patient. However he can be a determined and aggressive negotiator when the need arises.

When not out actively working on behalf of his clients, Rob spends time with his wife and two teenage daughters. A devoted supporter of community he sits on several local boards and volunteers for numerous locale nonprofit organizations. He enjoys cycling, hiking, kayaking and winter skiing.

May your price be right, and your sale be swift!”