There are many exciting ways homeowners can modify their home, tailored to their style and taste. United Pacific Builders LLC offers many services to assist homeowners in designing the home of their dreams, as well as maximizing their return on investment.
It is important for homeowners to pursue projects that add considerable value to their home in addition to style. According to the recently released Cost vs. Value Report of 2014 geographically specific for homes in Hawaii, homeowners can enhance the appearance and increase the value of their homes. Home improvements have an even greater return on investment forecast for the 2014 year.
Entrance way renovations
The door and entranceway to your home is the first thing people see when they arrive. Consider updating your door, windows and molding for a great first impression. Add a pop of color for a more dramatic effect. This can be a quick renovation and depends on the amount of details you have in your scope of work.
This improvement can provide homeowners with the highest percentage of return on investment, and homeowners can anticipate a return ranging from 97.6 to 111.6 percent (steel doors yielding the higher return on investment over fiberglass material).
To add additional appeal, homeowners should consider adding French or sliding storm doors that open up to their backyard. This project takes a short period of time — depending on the scope of work — and can be completed in three to ten days.
Bathroom renovation
Your bathroom is one of the most used rooms in your home. It is where you first go in the morning, and where you could find some true relaxation in a stylized bath at the end of your day. You can update or customize your bathroom showcasing your own personal style. Depending on the size and availability of material, the renovation can take about one to two and a half weeks and, according to Remodeling Magazine, renovating your bathroom can boost home resale value up to 108.1 percent of the renovation cost.
Deck addition
A deck addition is a low-budget way to make your outdoor space more user-friendly. There are a series of natural and synthetic products that can minimize maintenance and enhance your backyard just in time for fun in the sun. According to Remodeling Magazine, a wood deck addition can recoup a value ranging from130.6 to 164.5 percent of the project’s cost, with wood decking yielding the highest return. It is one of the most valuable ways to boost your home’s value and appearance.
Minor/major kitchen remodel
We all spend a lot of time in our kitchen. Many industry experts agree that updating your kitchen cabinetry, flooring and appliances are a great way to enhance the aesthetic appeal of your home, while also boosting its value from 125 to 152.8 percent of the renovation cost. United Pacific Builders encourages the use of Energy Star® products to further increase the home’s value, while additionally saving the homeowner money in energy costs.
Siding replacement (vinyl)
Siding is a great investment, in that it preserves the integrity of your housing structure and improves your home’s curb appeal. Homeowners who invested in vinyl siding replacement in 2014 are predicted to increase their home’s value up to 115.2 percent of the cost of the project.
Lanai conversions
A lanai conversion is a fantastic way to convert underused square footage into usable, cozy living space. Conversions of living spaces ranked third of the 35 improvements in the report released by Remodeling Magazine, with an average return of 136.5 percent on the amount invested.
Two-story additions
As your family continues to grow, and you need more space but your property space is limited, many homeowners consider building up. Adding a second story to your home can provide you with much needed extra living space and substantially increase your home’s value.
It is quite an investment for many homeowners, but can yield the homeowner up to 117.1 percent of the cost of the remodel in added home value. So, for an addition that costs $100,000, there is potential for $117,100 added value to your home.
Overall, various types of home remodels or renovations have a great return on investment for homeowners in Hawaii. Consider the amount of time you spend in your kitchen, your bathroom or outside. There’s a sense of pride and ownership that comes with a home that truly represents your personal style.
Let United Pacific Builders help you transform your house into the home of your dreams. Call the company today to schedule your free estimate at 366-0575.
UNITED PACIFIC BUILDERS
contact // 366-0575
web // www.unitedpacficbuilders.com
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