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Why Remodeling is a Good Investment (5 Ways)

Wed, 25 Mar 2026 18:17:44 GMT

Why should you remodel instead of buying a new home?

Many homeowners face the dilemma of whether to sell their current house or invest in a remodel. Given the current interest rate environment and the high cost of moving—including commissions, closing costs, and moving fees—remodeling is often the more fiscally responsible choice. A home remodeling investment allows you to keep your current low mortgage rate (if applicable) while effectively living in a "new" home.

Moving is also an emotional and logistical burden. By staying in place, you maintain your community ties, school districts, and neighborhood friendships. Remodeling allows you to fix the specific pain points of your current house—perhaps the cramped kitchen or the outdated master bath—without the uncertainty of a new property's hidden issues. You already know your home’s history; remodeling allows you to write its next chapter.

Modernize Your Daily Life with Better Layouts

Beyond the spreadsheets and appraisal values, there is the "Value of Use." This is the daily enjoyment you get from living in a space that works for you. Older homes often have segmented rooms that don't fit modern lifestyles. A remodel can open up sightlines, improve the flow between the kitchen and living room, and create mudrooms that keep the rest of the house clean. This lifestyle upgrade is a significant part of the home remodeling investment that shouldn't be overlooked.

How do you plan a budget for your remodel?

Proper planning is the key to a stress-free renovation. Start by identifying your "must-haves" versus your "nice-to-haves." Research the average costs for your area and always include a 10-15% contingency fund for unexpected repairs once the walls are opened. Consulting with a professional early in the process helps you understand where to save and where to splurge to ensure your home remodeling investment stays on track. Check our FAQ for more details on the process.

Key Takeaways for Homeowners

Investing in your home is a multifaceted decision that pays dividends in both financial equity and personal happiness. Whether you are looking to sell in the near future or plan to stay for decades, a strategic remodel ensures your property remains a valuable and modern asset.

To summarize why remodeling is a smart move:

It increases immediate resale value and long-term equity.
It improves energy efficiency and reduces ongoing maintenance costs.
It creates functional space, such as Basement Finishes , without moving.
It allows you to customize your environment to fit your specific lifestyle.
It is often more cost-effective than the high expenses associated with selling and buying a new home.

Ready to transform your space? View our Projects to see how we've helped others, or Contact us today for a consultation.

How does remodeling increase property value in Utah?

In the Utah real estate market, including areas like Orem, Utah and Salt Lake City , property values have seen consistent growth over the last decade. Because the cost of new construction continues to rise, existing homes that have been professionally updated become highly sought after. A home remodeling investment in Utah is particularly effective because of the state's family-centric culture, where large, functional gathering spaces are prioritized.

When a home is remodeled, it essentially "resets" its effective age. Even if a house was built in the 1980s, a full interior renovation can make it compete with brand-new builds in nearby developments. This is crucial for maintaining equity in neighborhoods where newer homes are being constructed. Appraisers look at "comparables," and a home with a finished basement or a gourmet kitchen will naturally sit at the top of the price bracket for its square footage.

Furthermore, specialized services like Basement Finishes are a unique driver of value in this region. Utah homes often feature large, unfinished basements that represent untapped potential. By turning a dark, concrete shell into a vibrant living area with additional bedrooms and a home theater, you are essentially increasing the livable square footage of your home without the massive expense of building an addition. This "price per square foot" increase is one of the fastest ways to see a jump in your home's appraisal.

Maximizing Living Space with Basement Finishes

One of the smartest ways to handle a home remodeling investment is to look downward. Finishing a basement is often more cost-effective than building an upward or outward addition because the foundation, walls, and roof are already in place. It allows homeowners to create dedicated spaces for modern needs that didn't exist when the home was originally built—such as home offices, gyms, or multi-generational living suites.

At Elevate Builder, we see many homeowners in American Fork and Lehi utilizing their basements to increase their rental potential or accommodate growing families. A well-designed basement doesn't feel like a basement; it feels like a seamless extension of the upper floors. Using high ceilings, ample recessed lighting, and quality Flooring transforms these spaces into the most popular rooms in the house.

Strategic Home Remodeling Investment for High ROI

If your primary goal is to maximize your return on investment (ROI), certain rooms deserve more attention than others. Historically, the kitchen remains the heart of the home and the top priority for buyers. A professional Kitchen Remodel can dramatically shift a home’s valuation. Modern buyers look for quartz or granite countertops, energy-efficient appliances, and intelligent storage solutions like pull-out cabinetry and walk-in pantries.

Following closely behind kitchens are bathrooms. A master suite transformation or a guest Bathroom Remodel provides a high sense of luxury and cleanliness. Upgrading to walk-in showers, dual vanities, and modern tiling are safe bets for increasing value. These areas are high-traffic and high-impact, meaning every dollar spent is visible and appreciated by anyone walking through the home.

To maximize your ROI, consider these top five high-value projects:

Minor kitchen refreshes (refacing cabinets, new hardware)
Full bathroom modernizations
Adding a primary suite or extra bedroom
Replacing old flooring with high-quality LVP or hardwood
Updating exterior curb appeal with new siding or stone accents

By focusing on these strategic areas, you ensure that your budget is allocated toward improvements that the market recognizes and rewards. Working with an experienced contractor allows you to balance your personal taste with universal design principles that appeal to the broadest range of future buyers.

A home remodeling investment is a strategic way to increase property value, enhance functional living space, and improve energy efficiency. By updating key areas like kitchens and bathrooms, homeowners can recoup 50-80% of costs at resale while significantly reducing maintenance expenses and improving their daily quality of life.

Is home remodeling a good financial investment?

Deciding to renovate your home is often a mix of personal desire and financial strategy. From a purely economic standpoint, a home remodeling investment is one of the most reliable ways to grow your net worth through your primary asset. In a competitive real estate market, particularly in growing regions like Utah County and Salt Lake County, a modernized home stands out to buyers and commands a premium price. When you invest in your home, you are effectively "forced saving" into your equity. Instead of paying rent or interest on a larger mortgage for a new house, you are enhancing the value of the structure you already own.

However, not all renovations are created equal. The financial return depends heavily on the type of project, the quality of craftsmanship, and current market trends. A well-executed professional remodel by a licensed team like Elevate Builder ensures that the structural integrity and aesthetic appeal meet the high standards expected by future inspectors and buyers. Financial experts often suggest that homeowners should focus on projects that address both "invisible" needs—like electrical or plumbing updates—and "visible" wants—like open-concept floor plans and modern finishes.

Beyond the immediate resale value, remodeling offers long-term financial benefits. Energy-efficient upgrades, such as new windows or high-efficiency HVAC systems, lower monthly utility bills. Meanwhile, replacing aging roofs or siding prevents expensive water damage and structural decay. By being proactive with your home remodeling investment, you avoid the compounding costs of deferred maintenance, which can often be double the cost of a planned renovation when emergencies arise.

The Ultimate Bathroom Makeover Checklist

Sun, 18 May 2025 21:44:30 GMT

Ultimate Bathroom Makeover Checklist: From Planning to the Final Walkthrough

Thinking about a bathroom makeover?

You’re not alone. It’s one of the most popular home projects.

But before you pick up a hammer or start shopping for tiles, take a breath, we are here to help you out. Here’s a simple and clear bathroom remodel checklist.

This checklist will help you plan everything from picking your style to hiring the right crew.

Let’s start at the beginning.

1. Plan Your Vision And Budget

What do you want your bathroom to look like? Clean and simple? Warm and classic? Or bright and modern?

Write down a few ideas. Look at photos online or check out other homes. Take a few days to let the list sit while you think about it.

Then, set your bathroom makeover budget. Keep it real. Stick to what you can afford. Full remodels are more expensive then making a paint color change. Be realistic when developing a budget so you can vette out the right contractors.

Remember to include:

Materials

Labor

Small extras (like towel bars and mirrors)

A bit extra for surprises

2. Pick Your Style

This is where you bring the room to life. Choose colors and materials that work well together.

Don’t mix too many styles. Keep it simple. Does it flow with the rest of your home? Or is this the beginning to a full home makeover?

Your bathroom renovation ideas can come from magazines or even a friend’s house.

Try to pick:

One color theme

One type of finish (matte, gloss, brushed metal)

One mood (spa-like, rustic, clean)

3. Choose Fixtures

This means the sink, the faucets, the vanity, and more. They should all match your style.

Think about storage, too. Do you want drawers? Shelves?

Main fixtures to choose from:

Vanity (big or small) - Get one as big as you can fit in there. "I have too much countertop space," said no one.

Sink (round, square, modern) - Definitely go with undermount. This is easier to clean and looks more modern.

Faucet (easy to use, water-saving)

Stick to your plan so everything works together. Changes in the middle of a project are hard to implement and costly.

4. Flooring, Tile, And Waterproofing

Now comes the part that keeps your bathroom strong and dry.

Pick flooring that can handle water. Good choices are:

Porcelain

Stone

Waterproof vinyl - LVP or LVT

Your tiles can go on the wall or the floor. Try to pick one type that looks clean and easy to match.

5. Choose The Right Contractor

This step is huge. If you want the job done right, you need someone you can trust.

If you live in Utah, go with Elevate Builders . They’ve helped many local homeowners build the bathrooms they dreamed of.

They listen. They show up. They care.

Why choose Elevate Builders?

Licensed and Insured

Outstanding Google Reviews

Local team

Real reviews

Clean, careful work

No cut corners

If you’re asking how to remodel a bathroom, the answer starts with choosing the right team.

6. Final Walkthrough And Fixes

Once the work is done, take your time. Walk through the bathroom with your contractor.

Make a list of anything that needs fixing. This is your punch list.

Things to check:

Doors and drawers open well

No gaps in tile

Fixtures are tight

Everything works - No leaks

Once it’s all done, enjoy your new space.

The Final Say

Keep this bathroom remodel checklist nearby. It will help you stay on track, save money, and avoid stress.

Mix in your ideas and your favourite bathroom renovation ideas. But don’t skip the basics: planning, picking, hiring, and checking. That’s how you do it right. Visit Elevate Builders if you’re ready to get started.

9 Essential Tips for a Successful Basement Finishing Project

Mon, 05 May 2025 02:50:56 GMT

Are you planning to finish your basement? A well-executed basement finishing project can dramatically increase your home's livable space and value. At Elevate Builders, we've completed countless basement finishing projects, and we've gathered invaluable insights from our customers along the way.

What Makes a Basement Finishing Project Successful?

During our basement finishing consultations, we've found that asking the right questions helps uncover potential pain points before construction begins. This proactive approach helps ensure your basement finishing project meets your specific needs and expectations.

Here are our top 9 tips for a successful basement finishing project based on our extensive experience:

Tip #1: Maximize Counter Space in Your Basement Kitchenette

When finishing a basement with a kitchenette, counter space is essential. Consider extending your island width for additional workspace. Most stone slabs (granite, quartz) come in 5-6 foot widths, so utilizing the full width adds up to 18 square feet of counter space with minimal additional cost.

Tip #2: Optimize Storage Solutions

Leverage the space beneath extended countertops by installing 12" or 15" deep cabinets. This creates hidden storage while also supporting your countertop. You'll still have plenty of room for barstools, providing both functionality and extra seating for your finished basement space.

Tip #3: Consider Shower Inserts vs. Tile for Basement Bathrooms

While tile showers look fantastic in basement bathrooms, they require maintenance like annual grout sealing. Shower inserts provide a more practical alternative for many basement finishing projects, offering easier maintenance and reducing the risk of water damage—a critical consideration for below-grade spaces.

Tip #4: Plan Abundant Lighting for Your Finished Basement

Basement finishing requires careful lighting planning due to limited natural light. Add more fixtures than you initially think necessary—it's far more cost-effective to install lighting during the basement finishing process than after drywall installation. Consider recessed lighting on dimmers for versatility in your finished basement.

Tip #5: Implement Proper Basement Waterproofing

No basement waterproofing system is foolproof. When finishing a basement, use multiple water-resistance approaches rather than relying on a single solution. Your basement finishing plan should include comprehensive water management strategies to protect your investment.

Tip #6: Install a Sump Pump During Your Basement Finishing Project

A sump pump will move the water out faster then it can come in and rise above the cement floor causing damage. Preparing for potential water issues is essential when finishing a basement. Installing a sump pump during construction is much easier than adding one later. Place it in a mechanical room or closet, with a properly prepared basin. Bonus: Inform your insurance agent about your sump pump for potential coverage benefits.

Tip #7: Incorporate Sound Dampening in Your Basement Ceiling

Soundproofing is a crucial aspect of basement finishing that's often overlooked. Consider these options in order of effectiveness:

Batt insulation: Provides thermal insulation with minimal sound dampening
Blown-in insulation: Fills cavities thoroughly for better sound reduction
Resilient channel (R-channel): Creates separation between drywall and framing to reduce vibration transfer

The right sound solution for your basement finishing project depends on your budget and noise concerns. We will feature more options in a future article focusing on sound dampening.

Tip #8: Understand Flooring Limitations in Basement Finishing

While LVP and LVT flooring are marketed as "waterproof," this can be misleading in basement applications. The individual planks resist water, but moisture can seep between seams and beneath the flooring. In case of significant water intrusion during your basement finishing project, be aware that these floors may need replacement despite their "waterproof" label.

Tip #9: Invest in Quality Paint for Your Finished Basement

Builder-grade paint has a limited lifespan of about five years. When finishing your basement, invest in premium paint like Sherwin Williams Emerald. Quality paint requires fewer coats, cleans better, matches more easily for touch-ups, and lasts significantly longer—making it a smart investment for your basement finishing project.

Ready to Start Your Basement Finishing Project?

At Elevate Builders, we pride ourselves on helping homeowners identify potential issues and create solutions for successful basement finishing projects. Our goal is to transform your unfinished space into a beautiful, functional part of your home that you'll enjoy for years to come.

Have questions about your basement finishing project? Contact us today for a consultation! Share your own basement finishing tips or questions in the comments below.

Elevate Builders

801-810-5592

office@elevate-builder.com

*[LVP]: Luxury Vinyl Plank

*[LVT]: Luxury Vinyl Tile