Will Redoing My Laundry Room Add To The Value Of My Home
Looking to appeal to home buyers? When it is time to sell, you may be wondering which home improvement projects offer the best return on investment, improve your appeal to potential buyers and genuinely add value to your home. What do future homeowners actually want to see? Will redoing my laundry room add to the value of my home, or should I focus on a kitchen renovation instead? Find out the answer below from Nicholas Building Solutions.
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Can Redoing A Laundry Room Increase Your Home Value?
Just like any other well planned home improvements, a laundry room remodel can raise the value of your home. A dedicated laundry room or upgraded laundry area is all the rage with many home buyers, and according to some estimates, a laundry room can recoup a large share of the renovation price tag when it is time to sell and improve your resale value.
The exact return will vary quite a bit. A full remodel that replaces benchtops, adds custom cabinetry and clever storage solutions, upgrades to energy efficient appliances and improves floor space and ventilation will usually add more value, but will also cost more upfront. In contrast, a smaller laundry room update in a small laundry room, using budget friendly materials and a simpler layout, will cost less but may not add as much long term value.
Prices for a laundry room remodel can range from a few hundred dollars for simple cosmetic changes to many thousands of dollars for a full remodel, a laundry room addition or shifting a basement laundry area to the main floor. Every home, layout and square footage is different, so there is no precise formula to estimate the exact extra value that a new laundry room will add to your property.
What you can be confident about is that a well designed laundry room with durable materials, energy efficient models and good storage space is a worthwhile investment that future homeowners will notice. And adding value to your home is not the only benefit of improving this functional space.
Benefits Of A New Laundry Room For Everyday Living
You should not renovate a living room, dining room, laundry room or any other room only because you want to boost the value of your home. The most successful home improvement projects create functional spaces that your family actually enjoys using every day. When it comes to convenience and storage, a new laundry room or upgraded laundry area has a lot of benefits.
Make managing dirty laundry easier
With a better layout and more storage space, you can handle dirty laundry with ease. A functional laundry room layout gives you the space you need to sort dirty clothes, store laundry baskets, and move between the washer and dryer without feeling cramped.
You can add a folding station, wall mounted shelves or open shelving, built in hampers and a laundry sink to streamline sorting laundry, washing, drying and hanging clothes. Simple additions like a hanging rod for shirts or a pull out shelf above the washing machines can save time and keep laundry off the floor.
Keep everything you need within easy reach
The right storage solutions help you keep other cleaning supplies, laundry products and everyday items tidy but accessible. Whether you choose wire rack shelving, custom cabinetry, wall cabinets or smart storage solutions built into awkward corners, you can keep detergent bottles, dryer sheets and stain removers in one clutter free, dedicated area.
Even a small laundry room or laundry room add off the kitchen or first floor hallway can feel organised with the right mix of cupboards, open shelving and additional storage. This turns the laundry from an afterthought into a practical living space that supports the rest of your home.
Save money with energy efficient appliances
Investing in new appliances is another way to add value to your home. Real estate agents and home buyers often look for a modern washer and dryer when comparing properties. Today’s energy efficient appliances use less water and power than older models, helping you save money on your utility bills each year.
Upgrading to energy efficient washers and dryers, combined with proper ventilation and water resistant flooring, can make your laundry room safer, more comfortable and more appealing to future buyers. Details such as a tidy ironing board setup, better lighting and decorative elements that match the rest of your living area all help the space feel considered rather than temporary.
For all of these reasons, investing in your laundry room, whether it is a dedicated laundry room on the main floor, an upstairs laundry near the bedrooms or a basement laundry area, is a great option even if you are not planning to move any time soon. You enjoy a more functional space now, and future homeowners see more value later.
Need Help Renovating Your Living Space? Contact Nicholas Building Solutions
At Nicholas Building Solutions, we can help you build comfortable, efficient living spaces on a realistic budget and maximise your return on home improvements. Whether you are considering a laundry room addition, a new laundry room in an existing space or improvements to other functional spaces, we can help you create a dedicated area that suits your family members and lifestyle.
With the support of an interior designer and our experienced team, you can build the well designed laundry room you have always wanted, complete with better storage, durable materials and energy efficient appliances. Contact us online for a free consultation and quote, or give us a call on 0419 606 288 for more information about how we can add more value to your home.