For anyone looking to upgrade their humble (or not so humble) abode, there are many things that can be done when it comes to home renovations. Adding some luxury touches in the bathroom, kitchen or the exterior of the house can bring significant return on investment.
For some expert home renovation assistance, Alpharetta Lifestyle turned to the beautiful Windward community and consulted with Rhonda Shell of Rhonda Shell Real Estate, a local real estate expert, for information on home resale and renovation.
This idyllic enclave in North Fulton contains 3,400 acres surrounding Lake Windward, a 195 acre private lake, and is a great place to view spectacular upgrades at every price point. Alpharetta Lifestyle looked at homes in Windward that are in the $400,000, $800,000, and $1 million+ range to find out their home renovation secrets.
$400,000 home: Harbour Overlook, Upgraded Bathroom
This beautiful home has a fantastic renovated master bath with a tile shower big enough for two. Neutral materials were used for the best resale value. Start with top-notch fixtures and focus on creating a spa-like feel. Even adding spa-quality towels can elevate the feel of a bathroom. Also, think about trying to incorporate modern and unique comfort features such as a towel warmer, floor-to-ceiling steam shower, bench, modern faucets, natural light, walk in shower, free-standing modern tub.
The U.S. News and World Report found bathroom renovations can yield an average 62% return on monetary investment, one of the highest margins of any remodel project. However, the caveat is that the remodel has to be done right. This means focusing a master bath remodel on creating a relaxing and inviting atmosphere that will keep anyone happy.
$800,000 Home: Bent Creek, Modernized Kitchen
This luxurious house features a totally renovated kitchen with stainless steel appliances, granite countertops, and a large center island. People spend the most time in the kitchen so it’s no wonder it is called the heart of the home.
The truth is that a beautiful kitchen and master bathroom will sell a house. People will always look at these rooms first. Often, minor improvements can yield major dividends. According to Remodeling magazine’s annual analysis of cost versus value, a kitchen “face-lift” will return more than a full redesign. This could include painting, refinishing surfaces, and upgrading appliances. The key is spending the money you have wisely on quality products and design.
- When choosing kitchen cabinets, countertops, and flooring, aim for classic or neutral colors and styles.
- Be mindful of stylistic depreciation and not fall into a remodeling fad.
- Buy energy efficient, stainless steel appliances for a modern feel.
- Choose finishes that are classic and timeless.
- Update dated hardware for an instant update.
- Add lighting where needed.
- Spend what the home value can support. (Generally, this means 6-10% of overall home value.)
$1 Million+: Eagles Mere, Updated Doors and Windows
This impressive home sits right on the water and features an open floor plan, with a wall of windows which allows lots of natural light to flood in. The open space is punctuated by a new gorgeous front door. Statistics have shown that a new front door yields a 100% return on investment.
One of the first things that people notice about this house is the open and airy space but this can be done in most homes. To achieve this look, choose neutral paint colors to enlarge spaces and make rooms feel more spacious and airy. Try to have furniture groupings float away from walls to make rooms feel larger. In more traditional floor plans, paint adjoining spaces the same neutral color to create flow from one space to another.
Also, try using lighting to create bright spaces. Natural light is free! Open up windows by removing heavy window treatments and valances. Sparkling clean windows help bring in the natural light too. Simples fixes, like increasing the wattage in bulbs to the maximum allowance, can make a huge difference.
Renovating doesn’t have to be overwhelming. Just try to keep improvements in line with the value of the home. And there’s no need to renovate and sell immediately. The longer someone stays in a renovated house, the more likely they are to recoup their costs. So, what’s the holdup? Ready, set, renovate! RhondaShellRealEstate.com