Thinking of renovating your home? Whether you’re considering selling soon or just want to increase your property value, there are strategic renovations that will really help. From updating kitchens to adding outdoor spaces, certain improvements significantly raise your home’s appeal and marketability.
In this article, we will walk you through the top five home renovations. They improve your living space and provide a maximum return on investment for your property.
Kitchen Remodeling
In the list of things to improve your home’s value, a kitchen remodel ranks as number one. You may simply upgrade your appliances, or completely transform it by changing the countertops and cabinets. Trends in kitchen design, including open shelving to smart storage solutions, give both style and practicality. Upgrading to energy-efficient appliances can also help attract buyers who want cost and environmental savings.
Remodeling the kitchen, not only improves its functionality, it also increases its appeal. Prospective buyers tend to gravitate toward kitchens that feel new.
Exterior Improvement
Enhancing the home’s exterior is important to create the best first impression. This may involve improvements such as landscaping, siding or exterior paint upgrade, and entry and pathway improvements. All of these not only give your home a better look but also increase its value.
Landscaping bears great importance in terms of exterior improvement. Plant flowers, trim bushes, and maintain a neat lawn. Consider outdoor lighting so that the focal points of your house stand out. They are also useful for safety and security.
Fresh siding, a new coat of paint, or other exterior products will give your house a new look. Durable materials that blend with your home’s design add significant appeal and longevity. Improving entryways with new doors, windows, or decorative elements can also make a positive impact on potential buyers.
Remember, the key to preserving these exterior elements is in the long-term maintenance. Take good care of them so they continue to enhance your home’s curb appeal.
Bathroom Renovation
Bathroom renovations can also have a tremendous impact on the value and appeal of your home. Typical bathroom renovations include updating all the fixtures, including sinks, faucets, showers, tiling replacement, and layout improvement. These enhance not only the look and functionality of the bathroom but its appeal to the buyers as well.
You can also consider energy-saving fixtures, such as low-flow toilets and LED lighting, that attract the most environmentally conscious buyers who want to save both their money and the environment. Make a spa with rainfall showers or heated flooring for a luxurious feel buyers will be willing to pay for. From refreshing the guest bathroom to remodeling the master bath, a successful bathroom renovation can make a big difference in the value of a home and its marketability.
Basement Finishing
Basement finishing is the process for converting an unfinished basement into livable, comfortable space, usable for any purpose. This generally involves installing a floor, walls, and lighting and possibly partitioning it into separate rooms or areas.
Finishing the basement can enable you to house more bedrooms, a family room, a home office, or even a recreational area like a home theater or gym. It adds real functional square footage to your home without any costly expansion. But if you are short on money, there are different loan programs that can help finance your basement finishing project and make it more affordable.
Before starting, make sure to consider factors like moisture control and insulation to ensure the basement remains comfortable and dry. Think about proper permitting and compliance with building codes to avoid issues down the road.
Add a Deck or Patio
Adding a deck or patio will increase your outdoor living space and raise the value of your home. A deck is a raised wooden or composite platform, while a patio is usually an area directly on the ground made from paving. Both of these provide a space for relaxing, dining, and entertaining outdoors. It is advocated by many as an attractive feature in a property.
While designing your deck or patio, consider factors like layout, size, and material. Take wood decks, for example. They provide a traditional look and can be easily stained or painted to blend in with any house’s exterior color scheme. Composite materials, on the other hand, are hard-wearing and easy to care for. Patios can be made of various materials like concrete, pavers, or natural stone, depending on your preferences and budget. Add some outdoor lighting, furnishings, and landscaping to enhance the appeal and functionality.
What you decide—a deck for the view or a patio for convenience at ground level— will greatly improve your home’s marketability and provide years of enjoyment for you and your family.
Conclusion
These five house renovations are surefire ways to maximize your property value. Selling or staying, these renovations will increase the living space and provide a great return on your investment. Consider these to increase your home’s marketability and benefit from increased property value.
