Published January 23, 2024

Home Renovations in 2024 - The Smart Way!

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Written by Louis Williams

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Have you ever put off doing home improvements because you are afraid of spending too much money on it? There's no reason to give up when you have so many options to make it happen right now. 

Everyone wants to feel the ease and pleasure that comes with renovating a home because, let’s face it - who wouldn’t want to live in an updated home? 


Before we continue though, The return on investment (ROI) of any given renovation project is a function of local market characteristics, the condition of the residential real estate market when the property is sold, and the quality of the work performed.

So, whatever your motivation, we’re giving you some of the reasons why you should start doing your home renovations now:





Improve your home’s ROI

  Ever planning on selling your house in the future? You can transfer the costs to the next owner by increasing your home value! 


               Every year, REALTOR magazine publishes a "Cost vs. Value" analysis that evaluates the costs associated with typical remodeling projects and shows the expected return on investment for homeowners. These payback projections are based on the average building cost at the time and the fundamentals of the residential real estate market.


               Based on this year’s analysis, Adding a wood deck is going to recover 85% (on average) on costs, and up to 83% on Siding Replacement and Minor Kitchen Remodeling.


              Bear in mind that any improvements (especially in a home) if done correctly, will surely increase your home’s worth when it’s time to sell - so make sure to hop on it!