Installing Hardwood Floors

According to the National Association of Realtors and the National Association of the Remodeling Industry, the best return on investment is not a chef's kitchen or a spa bathroom. Installing or refinishing hardwood flooring is actually the project you should consider! In fact, according to KSL.com, refinishing floors costs approximately $3,400, but the homeowner can expect a 147% recovery of the costs on average. Installation of hardwood floors is similar in that a homeowner can recoup about 118% of the costs when their house is sold. Either way, hardwood floors are gorgeous, easy to maintain, and offer a high ROI!

Painting the Interior of Your Home

Painting is the simplest way to refresh your space. According to Open Home, painting the interior of your home results in a 107% return on investment! A simple trip to your local paint store can actually do wonders for your home, especially when you enlist the help of painting professionals. They can help you choose the best colors and hues for your home depending on the style you're going for.

Renovating Your Kitchen, Bathrooms, and Basement

According to Home Advisor, kitchen and bathroom renovations recoup about 75% of their costs. Kitchen renovations, on average, cost $80,000 depending on how much work needs to be done. If the flow of the kitchen needs to be changed, costs can be higher. For the work, the homeowner can expect to recoup $60,000 on that $80,000 project. For a $35,000 bathroom renovation, most homeowners get back 71% of the initial investment of $35,000.

Basement renovations fare a little better. To turn a basement into a living space costs approximately $57,000, according to Den Garden. Of that, the ROI is 86%. While this may not be a renovation project you've considered in the past, having a finished basement may pay off in the form of a guest room, a playroom for kids, or even a bar for entertaining guests.

Improving Your Home's Exterior

In the category of exterior home improvements, there are many excellent investments to consider. According to City Bank, homeowners can expect to recoup 81% with brand-new vinyl siding, 82% on a new roof, and 79% with deck or patio installation. According to Bob Vila, the typical cost of an upscale garage door replacement has a fantastic 98.3% ROI! Consider these options as well as repainting the siding of your house. Professionals at a paint store can recommend the best products for your house and its outdoor aesthetic.

It pays to be proactive when considering a home renovation, so do your research! A simple trip to the paint store can rejuvenate your home. The options for improving the appearance and value of your home are nearly endless. In fact, many projects will nearly pay for themselves! Contact The Paint Bucket today for all your high-quality interior and exterior painting supplies.