The French Country house we have been working on in Orlando is finished and everyone involved absolutely loved it. The last thing we did was change out the floor in the living room. Levi installed a luxury vinyl plank floor that we have had great success using in other properties. He installed it right over the dated tile and the difference it made in the room was astounding! 

Hospitality, Design, Design Hacks, Remodel on a Budget, Home Staging, Home Furnishing, Vacation Rentals, ROI for Reno</p>
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Hospitality, Design, Design Hacks, Remodel on a Budget, Home Staging, Home Furnishing, Vacation Rentals, ROI for Reno</p>
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Hospitality, Design, Design Hacks, Remodel on a Budget, Home Staging, Home Furnishing, Vacation Rentals, ROI for Reno

Changing outdated flooring is a valuable renovation you can make to your home. Obviously, anything you update or freshen up in a home will be beneficial, but some updates can actually increase the value of your home. Renovations, for a sale or for your own comfort and enjoyment, should bring a significant return on your investment, so choose wisely. 

Hospitality, Design, Design Hacks, Remodel on a Budget, Home Staging, Home Furnishing, Vacation Rentals, ROI for Reno
Hospitality, Design, Design Hacks, Remodel on a Budget, Home Staging, Home Furnishing, Vacation Rentals, ROI for Reno

Speaking of flooring, have you ever walked into a room that had dingy, dirty carpet or tile? Gross. Consider replacing old and worn-out floors with hardwood, or laminate flooring. These materials add a classy look to your home, and are super durable requiring low maintenance. Trends change frequently, but wood floors are always trending and although it is generally the more expensive of options, it yields 118% ROI while sanding and refinishing hardwood floors yields 147% ROI. There is a bonus with the new technology for laminate/vinyl floors which gives the hardwood benefits without the expense or upkeep.

Here is a list of 10 renovations that yield high ROI for your home:

1. Curb Appeal

2. Smart Home Upgrades

3. Energy-Efficient/Eco-Friendly Upgrades

4. Add Outdoor Living Spaces

5. Kitchen Remodel

6. Bathroom Remodel

7. Finishing Out Additional Spaces

8. New Siding

9. Flooring Upgrades

10. Painting And Wall Finishes

Hospitality, Design, Design Hacks, Remodel on a Budget, Home Staging, Home Furnishing, Vacation Rentals, ROI for Reno
Hospitality, Design, Design Hacks, Remodel on a Budget, Home Staging, Home Furnishing, Vacation Rentals, ROI for Reno

Before you decide where to use your reno budget, do some research to be sure you get a good return on investment (ROI) for what you want to do. I design, style and stage houses for beauty, comfort and convenience, but I am always thinking about adding value to the property, both currently and when it goes up for sale. You can do the same.

 

Making wise decisions,

Karen Conrad Metcalfe


PS. Have you heard about my book, 7 Seconds: How To Leverage The Seven Second Rule In Your Home Designs and Real Estate Investments Second Edition? A person decides on a house or vacation rental in the first 7 seconds they see it (whether in person or online). You can pre order your hardcover copy today and receive a special gift when your book arrives.