Renovating your home can make us happier in the places we call home. It adds to your enjoyment and can also boost your home’s value over time too when
Renovating your home can make us happier in the places we call home. It adds to your enjoyment and can also boost your home’s value over time too when it’s time to sell or refinance. Some renovations can get pricey and money that you put in can’t always be recouped when it’s time to sell.
If you’re looking to get the best value for your dollar, there are some important things to consider and keep in mind. You’ll need to consider the cost versus the value and keep in mind if the renovation is worth the investment. It’s definitely smart to know which renovation adds that most value to your home. Here are 5 home improvements for increasing your home’s value:
1. Windows and Doors
You should replace old and damaged windows and doors with energy-efficient ones. New windows and doors will help you save money on heating and cooling bills all year long. In addition, curb appeal counts. New windows and doors will make the whole house better, giving it that welcoming and structurally sound look at first glance.
2. Basement Renovation
Are you looking to add space to your home, but don’t have enough space to do so? Then, you should consider finishing your basement. You can easily turn your basement into a playroom or an entertainment room. Don’t forget to add a bathroom since it can increase the value of your renovation even more.
3. Kitchen Renovation
Kitchen renovations add that most value to your home. However, you have to be careful when doing so. It’s important to consider the cost of your materials versus the value. For example, if you choose marble or granite countertops, will you be able to recoup that money?
4. Bathroom Renovation
Bathrooms are one of the most important parts of your home. Do you have enough? Are they simply outdated? If so, this can potentially be a big turn off to potential buyers. Therefore, updating your bathroom’s fixtures, amenities, or adding an additional bathroom can increase your home’s sales appeal.
5. Increase Light and Space
You can increase the appeal of your home by opening up the house to create more of a flow and enhance natural light. Do you have dark and cramped rooms? You should consider knocking some walls down to open and brighten up space. An open concept will make your home feel much bigger and better for entertaining your guests.
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