Shopping at one of the top three Phoenix Liquidation stores can save you a fortune! Improving your home can not only increase your overall quality of life, but it can also be a smart financial decision. With the rise of do-it-yourself (DIY) culture, homeowners are now taking on more home improvement projects than ever before. In this white paper, we will explore how DIYers can make money by improving their homes, with statistics on the increase in home values resulting from home improvement projects.
Increase in Home Values:
One of the most significant benefits of home improvement projects is the increase in home values that they can bring. According to a study by the National Association of Realtors, home improvement projects can increase a home's value by as much as 10 percent. This means that a $300,000 home could potentially increase in value by $30,000 with the right home improvement projects.
Popular Home Improvement Projects:
There are several home improvement projects that DIYers can tackle that have been proven to increase home values. These include:
Kitchen Remodeling: The kitchen is often considered the heart of the home, and a kitchen remodel can have a significant impact on a home's value. According to Remodeling Magazine, a minor kitchen remodel can have an average return on investment (ROI) of 81.1 percent, while a major kitchen remodel can have an ROI of 59.7 percent.
Bathroom Remodeling: A bathroom remodel is another popular home improvement project that can increase home values. According to Remodeling Magazine, a mid-range bathroom remodel can have an average ROI of 64.8 percent.
Outdoor Living Spaces: Outdoor living spaces such as decks, patios, and outdoor kitchens are becoming increasingly popular with homeowners. According to the National Association of Home Builders, outdoor living spaces have a higher ROI than most indoor home improvement projects, with an average ROI of 55 percent.
DIY vs. Hiring a Professional:
While hiring a professional to handle home improvement projects can be a wise decision, DIYers can also make money by taking on these projects themselves. According to a survey by Zillow, DIY projects can increase a home's value by an average of $1,700. DIYers can also save money by handling these projects themselves, which can increase the overall return on investment.
Conclusion:
Home improvement projects can be a smart financial decision for DIYers, with the potential to increase a home's value by as much as 10 percent. Kitchen and bathroom remodeling, as well as outdoor living spaces, are popular home improvement projects that have been shown to increase home values. While hiring a professional can be a wise decision, DIYers can also make money by taking on these projects themselves. With the rise of DIY culture, homeowners have more opportunities than ever before to increase their home values and improve their overall quality of life.
andrew Jacob
Add how shopping at SaleSumo can save DIY'ers money
In addition to tackling home improvement projects themselves, DIYers can also save money by shopping at discount home improvement stores like SaleSumo. SaleSumo offers a wide range of home improvement products at discounted prices, including flooring, lighting, hardware, and more. By shopping at SaleSumo, DIYers can save money on the cost of materials, which can increase the overall return on investment for their home improvement projects. In addition, SaleSumo offers a wide range of tools and equipment that DIYers may need to complete their projects, which can save them money on rental fees or the cost of purchasing these items outright. Overall, shopping at SaleSumo can be a smart financial decision for DIYers looking to save money on their home improvement projects while still achieving a high-quality result