Home Improvement
Boosting Home Value: Renovations That Pay Off When You Sell
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Are you planning to sell your home anytime soon? And you’re looking to give your current house a much-needed makeover to improve its market value. Either way, you can benefit from making smart and cost-effective home renovations that will pay off when it comes time to sell your house.
Sadly, only a few homeowners realize how improvements, no matter how small they may seem, can completely transform the look and feel of a house and significantly increase its value. Recent reports show that 20% of homeowners don’t spend on maintaining their homes. As such, they continue living in a drab, dull, and outdated space that doesn’t benefit them financially or aesthetically.
Besides, the condition of your home also has a profound effect on your overall quality of life. A well-maintained home also positively affects mental health, comfort, and efficiency. You’ll feel more relaxed, productive, and satisfied with your life.
So, if you’re planning to renovate your house, here are a few home improvement projects that can help to boost its value:
Table of Contents
1. Bathroom Remodeling
You may think the bathroom is a small area, and no buyer would bother to look at it, but that’s far from the truth. It’s one of the most important rooms in your house since it’s used daily, and potential buyers closely inspect it.
Therefore, you must first upgrade your bathroom. It includes installing a new showerhead, tub, toilet, and vanity. Also, add fresh, modern tiles, fixtures, and wallpaper. Lighting is another essential element. Be sure to install proper LED lights and ensure adequate ventilation to make the space inviting and fresh.
However, since bathroom remodeling isn’t a DIY job, hire experienced remodelers like Home Concepts & Luxury Bath to transform your bathroom into a luxurious space. These professionals will consider all safety and functionality elements and ensure you get a higher return on your investment.
2. Flooring Replacements
The floor is the most visible and highly used element in your house. But, if it’s cracked, damaged, or stained, it drops the overall value of your home and might even give an impression of a poorly maintained house.
Depending on its condition, you can repair or replace the flooring. Wood, tile, laminate, and stone flooring are popular for their unrivaled beauty and durability. Plus, the extenuating features of each material, such as water resistance, make them a top choice for many homeowners.
You can also install carpet on the stairs, bedrooms, and hallways. It’s an easy way to add warmth and coziness to your home. You can select carpets in different colors and materials – such as wool, nylon, and olefin- to create a stunning look.
3. Kitchen Upgrades
Does your kitchen stay cluttered no matter how often you clean it? Is moving around a hassle due to limited space? If so, you need to upgrade your kitchen.
Many homeowners make the mistake of adding more storage cabinets and shelves, thinking it’ll solve their problem. But, this doesn’t serve the purpose when the kitchen is already quite cramped.
What you need is to optimize the existing space. You can do this by decluttering, adding built-ins, and replacing old appliances. You can also explore creative storage solutions that don’t take up much space.
New countertops, backsplash, and lighting fixtures are also some upgrades you can consider, as they can instantly refresh the kitchen.
4. Room Additions
It might have never crossed your mind, but room additions can do wonders for your home’s value and aesthetics. Imagine having an extra guest bedroom, a quiet place to work from home, or a playroom for your kids. You can even turn your spare space into a mudroom, home theater, or sunroom. Isn’t that wonderful?
But before you start adding extra rooms to your living space, make sure you check the structural integrity of your home. Room additions require special care and attention for the foundation, walls, insulation, and roof.
If you aren’t a pro in all these areas, work with a contractor and architect who can ensure a safe and stress-free room addition.
5. Exterior Makeover
Cracked and worn-out exteriors can turn away even the most interested buyers. The reason? No one wants to buy a home with unexplained damage or signs of neglect.
If you plan on selling your property, it’s time to fix the exterior of your home. It could include anything from power washing and painting the exterior walls to replacing aging roofing shingles or installing a new driveway. Use gorgeous outdoor lighting to emphasize the landscape and watch your buyers swoon over the exterior makeover.
Even if you aren’t selling your house anytime soon, exterior makeovers can add value to your property. It enhances the curb appeal and can make your home a head-turner in the neighborhood.
6. Window Replacement
Dusting, cleaning, and repairing the broken locks and hinges of the windows is a monthly ritual. But, if you are getting higher energy bills or experiencing an unpleasantly drafty home, it’s time to replace the windows.
Installing new energy-efficient windows can reduce your energy bills and help you maintain a comfortable temperature at home. You can choose from various window styles, such as casement windows and sliding windows, which come in different colors and textures.
If you want to enjoy uninterrupted views of the outdoors, install floor-to-ceiling windows or bay windows in your living area. Use quality materials for every element, from the frames to grilles and glass panes.
Conclusion:
You no longer have to live with a worn-out, outdated home. Home renovation can transform your living space. And if you’re selling your house, these renovations, including bathroom remodeling, kitchen remodeling, outdoor improvements, and window replacement, can help boost its value. Floor replacements and room additions are other popular home renovation projects that can give your property a much-desired facelift and increase its value. However, you mustn’t jump into these projects without careful planning and preparation. Choose quality materials, hire experienced contractors, and prepare a budget to ensure your home renovation project gives maximum returns.
Also, Read – 6 Tips For Increasing Your Pittsburgh Home’s Resale Value
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