From Kayla on July 19th, 2010 in Window Replacement
The days of expansive remodels may be on hold for now, but that doesn’t mean the value of your home has to deteriorate. There are still plenty of ways to squeeze as much out of your existing investment as possible—without spending more than your wallet can handle. Case in point: adding a skylight in the kitchen or bathroom.
As in remodeling days past, the kitchen and bathroom are still the best rooms to remodel if you hope to make the money back in the future, making them perfect locations for an upgrade. But beware: you won’t necessarily make more if you spend more. According to the National Association of Realtor’s Cost vs. Value Report, a smaller kitchen remodel will bring back a 72.1% return, while a higher-end kitchen remodel will only get a 63.2% return.
So what brings the most bang for your buck? We recommend a skylight installation in your kitchen or bathroom. This is becoming a popular option for both rooms because of their high moisture and humidity levels. It’s also a quick and easy way to make either room more visually appealing.
The cost of installation ranges from $800 to $2,000, depending on the complexity of the skylight. It’ll cost more, for instance, if the skylight allows for ventilation or comes with remote-control blinds. But every model has its own perks. Venting skylights can expel hot air along with kitchen and bathroom odors, but all of them will decrease energy bills by allowing in more natural light. In a bathroom, skylights can also reduce the moisture build-up that eventually leads to mold.
Better lighting, improved air ventilation, more energy savings and increased home value? That’s a smart idea all-around.