Central Ohio is experiencing unprecedented growth, ranking #1 in the Midwest for population, job, and GDP growth. For homeowners, this boom means one thing—now is the perfect time to invest in remodeling. With an influx of new residents and rising demand for updated homes, remodeling has become both a lifestyle upgrade and a smart financial decision.
A Booming Market Means Bigger Returns
The housing shortage in Central Ohio has driven property values up 41% on average in Franklin County. The Mid-Ohio Regional Planning Commission (MORPC) estimates that 19,000 new housing units are needed annually to meet demand. Columbus is expected to surpass 3 million residents by 2050. Homes that stand out with modern updates are positioned for higher resale value and increased market appeal.
According to Remodeling Magazine’s 2024 Cost vs. Value Report, mid-range and upscale remodeling projects provide significant ROI upon resale. Not to mention the exponential increase gained the longer you stay in your home:
- Kitchen Remodels – A modern kitchen can bring a 60-80% ROI.
- Bathroom Upgrades – Updated bathrooms often recoup around 60% of costs.
- Curb Appeal Enhancements – Improvements like new siding or decks can return up to 75%.
- Primary Suite Additions – Expanding your home can yield a 40-50% ROI.
The data above suggests a growing demand for luxury living spaces in Central Ohio.
More Than Money—A Better Way to Live
Remodeling isn’t just about protecting your investment—it’s about enhancing your everyday life. Whether you dream of a gourmet kitchen for family gatherings, a spa-like bathroom retreat, or a sunroom for year-round enjoyment, remodeling allows you to customize your home to fit your lifestyle while staying in the neighborhood you love.
With the local real estate market on the rise, now is the time to remodel. And why not enjoy both the immediate comfort and long-term value it brings?
Looking to start your next home transformation? Let’s make your vision a reality!
Contact our Client Relations Coordinator today by scheduling a call or completing a new project form on our website.
*Remodeling Magazine’s Cost vs. Value Report calculates job costs and predicted returns based on construction costs only. The architecture and interior design costs are not included in this report.