5 Home Remodeling Projects to Boost Your Property Value in Memphis
If you’re looking to add value to your home in Memphis, you’re in the right place. Memphis is known for its unique charm and vibrant culture, and upgrading your home with the right projects can help you capture that character while also increasing your home’s overall value. Here are five home remodeling projects that can transform your home and make it perfect for Memphis living.
It’s important to note that the median list price in Memphis is $181,500, so comparing the list price of different home features can help you determine which upgrades will help you sell for more.
#1: Sunroom
The weather in Memphis can be hot and humid in the summer and cool in the winter, so a sunroom is the perfect solution to enjoy the beautiful weather year-round. This home improvement project can enhance your living space while creating a cozy and relaxing area for you and your family or guests to enjoy. Whether you want to read a book, sip your morning coffee, or enjoy a family game night, a sunroom is a valuable addition to any home in Memphis.
Homes for sale in Memphis that included a sunroom sold for a median list price of $309,900.
#2: Contemporary
Contemporary design is a popular style for homes in Memphis. This style is sleek and modern, with clean lines and minimalistic decor. If you’re looking to modernize your home and create a space that’s both functional and stylish, consider a contemporary remodel. This project can transform your home’s interior and make it more inviting and trendy.
Homes for sale in Memphis that included a contemporary sold for a median list price of $298,000.
#3: Rec Room
Memphis is a city that loves to have fun, and a rec room is a great way to do just that. Whether you want to create a home theater, a game room, or a place for your kids to hang out with friends, a rec room is a great way to add value to your home while also adding a fun and functional space.
Homes for sale in Memphis that included a rec room sold for a median list price of $599,000.
#4: Foyer
The entryway is the first thing visitors see when they enter your home. A foyer remodel can create a warm welcome and make a great first impression. Adding storage options, updating flooring, and painting walls can make this space more functional and visually appealing. This remodeling project can also add value to your home if you decide to sell it in the future.
Homes for sale in Memphis that included a foyer sold for a median list price of $364,900.
#5: Lawn
The curb appeal of your home is essential, and one of the best ways to improve it is by landscaping. Memphis has a hot and humid climate, which means you need to choose plants that can withstand the heat. Native plants such as crepe myrtle, dogwood, and magnolia can create a beautiful and inviting landscape around your home. A well-designed landscape can also increase your home’s value and make it more attractive to potential buyers.
Homes for sale in Memphis that included a lawn sold for a median list price of $599,900.
Per home listing data on Redfin.com, as of April 2023.
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