6 Home Remodeling Projects to Boost Your Property Value in Phoenix
With its warm weather and stunning desert landscapes, Phoenix is an excellent location for homeowners looking to invest in their properties. So if you’re a homeowner in Phoenix thinking about renovating your home, you’re in the right place. We know it can be tough to decide where to begin when it comes to remodeling your home. So to help you choose which projects to prioritize first, we’ve listed out six home remodeling projects that’ll help boost your property value in Phoenix, AZ.
It’s important to note that the median list price in Phoenix is $409,945, so comparing the list price of different home features can help you determine which upgrades will help you sell for more.
#1: Guest Quarters
Adding a guest quarters to your home in Phoenix can be an excellent way to increase its value and versatility. In a city that’s a popular destination for tourism and events, having a dedicated space for guests can be a valuable asset. A guest quarters can provide privacy and comfort for friends or family members staying for an extended period or out-of-town visitors attending a special event. This separate living space can also be used as a rental property to generate additional income. In a competitive housing market, this type of home remodeling project can set your home apart from others, especially for buyers looking for multi-generational living or those who frequently host guests. With a separate entrance, bedroom, bathroom, and kitchenette, a guest quarters can offer all the amenities of a small apartment.
Homes for sale in Phoenix that included a guest quarter sold for a median list price of $599,900.
#2: Large Windows
The sunny weather and breathtaking views of the desert landscape make Phoenix a perfect city for large windows. Large windows can make a room feel more spacious, bright, and inviting, and they can bring in natural light that can help reduce energy bills. With the right window treatments, large windows can also provide privacy and UV protection. Large windows can add a modern, stylish touch to your home, and they can be a desirable feature for potential buyers. So if you’re looking for a remodeling project that not only will transform your space, but add value, consider installing large windows throughout your home.
Homes for sale in Phoenix that included large windows sold for a median list price of $470,000.
#3: Tile Roof
Whether it’s time to replace your roof or not, installing a tile roof can be a great investment for homes in Phoenix. A tile roof can provide excellent insulation, helping to keep your home cooler in the summer and warmer in the winter, which can lead to energy savings and reduced utility bills. In addition, a tile roof can be a stylish addition to your home, as there are many options to choose from, including clay, concrete, and slate tiles in various colors and textures. A tile roof can also increase your home’s resale value, as it is a desirable feature for potential buyers in the Phoenix area.
Homes for sale in Phoenix that included a tile roof sold for a median list price of $372,800.
#4: Blinds
With the addition of large windows in your home, it’s important to consider installing blinds to provide necessary privacy and control the amount of natural light that enters the space. Phoenix’s hot and sunny climate can cause damage to furniture, flooring, and decor over time, but by adding blinds, you can protect your home’s interior and reduce the amount of UV rays that enter the space.
Homes for sale in Phoenix that included blinds sold for a median list price of $545,000.
#5: Stucco Exterior
If you’re looking for a home remodeling project in Phoenix that will both boost your home’s curb appeal and value, consider updating your home’s exterior with a stucco finish. Stucco is a popular exterior material in the Phoenix area due to its durability and ability to withstand the hot, dry climate. Stucco can provide a sleek, modern look to your home and comes in various textures and colors to match your personal style. It’s also a low-maintenance material that requires little upkeep, making it an attractive feature for homebuyers living in Phoenix.
Homes for sale in Phoenix that included a stucco exterior sold for a median list price of $335,000.
#6: Light Fixtures
Upgrading your home’s light fixtures can be an excellent home remodeling project that can significantly improve the overall look and feel of your space. Lighting is an essential aspect of any home, as it can set the mood and create a comfortable ambiance. Consider installing modern, energy-efficient light fixtures that can provide bright, warm light while also reducing your energy costs. You can choose from various options such as recessed lighting, chandeliers, pendant lights, and sconces to create a unique and stylish look.
Homes for sale in Phoenix that included light fixtures sold for a median list price of $489,000.
Per home listing data on Redfin.com, as of April 2023.
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