You’ve decided that now is the time to get your house ready for some renovations. You want to get the most out of your upcoming renovation, and you know that home improvement projects can be costly. But how can you tell which renovations will actually increase your home’s value? Follow these guidelines to guarantee that your renovation increases the value of your home.
Following are some of the home improvement ideas that can increase the value of your home:
Kitchen Renovation
When looking to increase the value of your home, most people focus on the kitchen. There is a common belief that upgraded kitchens and bathrooms will help sell a home. If you’re thinking of selling your home, how much would a new kitchen add to the price? Zillow reports that a kitchen remodel can increase the value of a home by as much as 80%. Remodeling strategies can increase or decrease the return on this investment.
Complete kitchen renovations feature brand-new home appliances, cabinetry, and counter space. A lot of people are willing to pay more for high-end features like energy-efficient stainless steel appliances and granite countertops in a home. Spend your money on things that will make cooking more efficient and enjoyable for you. Always remember to increase storage or counter space whenever you renovate. Avoid adding anything to the kitchen that will reduce the available storage or counter space.
When remodeling your kitchen, make sure that its style, size, and quality match the rest of the house. Many people who are looking to purchase a home will not pay a premium for a property that features a deluxe kitchen if they feel that the kitchen is mismatched with the rest of the house.
Bathrooms Renovations
Investing in a bathroom remodel is one of the most effective ways to add value to your home. When planning the layout of a bathroom, it is important to take into account the number of people who will use the room on a daily basis. When there are multiple bedrooms but only one bathroom in a home, the value of the home can be increased by adding another bathroom to the layout. This can result in a return on investment of up to 70 percent.
Many people looking to purchase a home would prefer a layout that includes a tub and shower that are located in separate rooms, provided that the space and budget allow for it. If your home has room for both a standard shower and a walk-in shower, installing a walk-in shower is a nice upgrade to consider. Most homebuyers value properties that have a unified style throughout the kitchen and bathrooms. This can be done by making sure that both rooms have the same countertops, flooring, and fixtures.
Lighting Improvements
Many people who want to buy a house want it to have modern touches all over, and they pay special attention to the lighting and light fixtures. Homes with plenty of windows and natural light appeal to a wider range of buyers.
Even if the expense of installing new windows is beyond your budget, you can still make a room appear lighter and brighter by adding more lighting to it. Lighting fixtures are one area where a small investment can have a significant impact. Even something as simple as changing the light bulbs can make a difference.
Window Replacement
Many potential buyers will tell you that natural light is superior to artificial lighting. They want windows that are both high-quality and energy-efficient, preferably with a large glass area. New windows should ideally have double panes of glass, with low-e coatings that reflect heat back into the room in the winter and out of the room in the summer.
Enhancements to the Exterior
The exterior of your home is what prospective buyers will notice first. Fortunately, first impressions don’t require a huge investment. Think about where your home is and how people might use the space if they bought it. If everyone in your neighborhood has green lawns, it makes sense to grow plants that can handle dry spells. This way, the look can be improved without spending too much money.
Taking Outdoor Spaces to the Next Level
The addition of decks and other outdoor living spaces can significantly raise a home’s resale value. Your outdoor living space gives you room to be creative. To make the outdoor area more welcoming and practical, think about installing fire pits, bars, meeting areas, and weather-proof furniture. Incorporate the same aesthetic choices you made for your home’s interior.
Keeping Outdoor Spaces Clean
Improving outdoor spaces does not have to entail a complete renovation! Planting weather-resistant plants in strategic locations throughout the yard and mowing your lawn on a regular basis will provide a clean and well-kept appearance. Weed the beds on a regular basis to keep them in good condition. Don’t let the snow pile up and make sure your outside lights are in good working order.
If you are looking forward to renovating your house, then working with a local general contractor will be your best bet. For properties located in Long Island, West Islip, NY, Cavalier Homes Inc. can be the most trusted home renovation contractor. We help homeowners in every aspect to improve the look and feel of their house to match the most modern aesthetic within their budget and timeline.