Home renovations are one of the most popular ways homeowners can increase the value of their home. Whether you are looking to improve the quality of living in your home or you are looking to sell, investing in home renovations can significantly improve the property value.
However, home improvements are costly and often take weeks to complete depending on the project. So how do you know what will add value to your home and be worth the upheaval renovations bring?
Below we talk about the top five home renovations that bring increased value and can improve how you enjoy your home. These renovations are some of the most popular home renovations that provide results that are worth the cost of a remodeling project.
1. Kitchen Renovation
The kitchen is often considered the heart of the home and is the hub where meals are made and time is spent together. It is where people naturally gather with their friends or family, and most people spend their time in their homes. So it is the obvious choice for a home improvement project. Updating the kitchen area will make your home more functional and aesthetically pleasing and increase your property's value.
You can renovate your kitchen in many ways, including upgrading tired home appliances and incorporating innovative home technology or trending home features such as wine refrigerators. Adding new countertops or changing your kitchen layout to an open floor plan can also significantly impact the property value. The options are endless, and depending on how much you want to change and your budget, you can keep renovations minimal or go for a complete kitchen makeover.
2. Bathroom Remodel
The bathroom is another area in your home that can significantly impact its value. It is another high-traffic area in the house, so a bathroom remodeling project can positively affect how you enjoy your home and its value. If your home only has one bathroom, you should ensure it is the best it can be, with luxury features, as bathrooms are big selling points for selling houses.
Bathroom renovations such as updating the plumbing, adding a shower, or even updating the tiles or flooring can make a huge difference, which can help your bathroom look and feel more luxurious.
3. Make your home greener.
As the cost of running a home is ever-increasing, the energy efficiency of a property is becoming very important to homeowners. Energy-efficient upgrades to a home will only increase your home's value and make it cheaper for you to run your home while you continue to live there. Making energy upgrades is a no-brainer.
It is also worth checking if your local government offers any incentives to make your home more energy efficient and whether you are eligible for any schemes to help upgrade your home.
As sustainable options become more accessible to homeowners, they also appeal to home buyers. Here are some great ways you can easily make your home greener:
· Upgrade your lighting to LED bulbs
· Upgrade your windows to double glazing
· Install a smart thermostat
· Add solar panels to your roof
· Insulate external walls and your attic space
· Install underfloor heating in your bathrooms
· Swap shower heads and toilets to low-flow systems
· Replace old appliances with newer efficient ones
Making energy-efficient changes to your home will save energy costs and make your home more attractive to potential buyers should you choose to sell it.
4. Update your outdoor living spaces.
Well-presented outdoor living spaces are very attractive to new buyers and can significantly improve the look and feel of your home and its value. If you have outside space, adding a deck or a patio will bring value to your home and provide you with a relaxing space to entertain guests or a place to enjoy the outdoors. You can utilize your outdoor living spaces to make the most of them and increase property value without a large budget. Adding covered shaded areas, outdoor kitchens, or built-in grills will be appealing and valuable, and you will feel the benefits when the hot summer rolls in and you want to be outdoors.
5. Redecorate
Of course, redecorating can be very impactful and significantly increase your home's value with a minimal budget required. If you can do the work yourself, you can save money on repainting walls or employ professionals to help you do the job quickly.
Giving your home a fresh repaint can revitalize areas that may be tired and bring life into high-traffic areas such as hallways, bathrooms, and kitchens. Neutral color palettes appeal to new buyers and bring a fresh home atmosphere. If you are planning to sell your home, make sure it makes the best impression it can by addressing these common home issues that can be solved with a simple redecoration project:
· Peeling paint
· Marked walls, especially near light switches and doorways
· Tired bathroom and kitchen grouting and sealant
· Chipped paintwork or wood
· Uneven flooring
· Old carpets
Walk around your home or ask a friend to help you identify any areas you can easily update with a redecoration project. Redecorating will inject new life into your home and attract positive attention from potential buyers.
A final thought on renovating your home.
Before embarking on any new home renovation project, decide whether the cost, time, and effort are worth the rewards you will reap.
If you are renovating your home to put it on the market, prioritize renovation projects that will add the most value to your home. However, if you want to update your home to make it more enjoyable for you to live in while also increasing its value, consider those projects that will give you the most satisfaction once they are completed.
Renovating your home can be a great way to increase its value and make it a more comfortable and enjoyable space to live in. Consider these top 5 home renovations when looking to increase the value of your home, and be bold and creative to make the changes that will best suit your needs and style.
These are guiding principles for us at Gem Shade. We believe our everyday living should be beautiful and are always thrilled to help people achieve that.
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