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Remodeling, renovating, or enhancing your home can be fantastic ways to give it a facelift. It could also allow you to stay in one place for a longer time by making it more comfortable and livable. Besides making your house more appealing and comfy, renovations increase the value of your home for the day when you want to sell.
In readiness for that possibility, you must recognize the home improvements capable of increasing your home’s value, as not all will. Some add more value for resale than others. Below are some of the renovations to consider and how they add value to your house.
Kitchen renovations
Kitchen upgrades, particularly in older homes, tend to enhance value since people prefer modern amenities and aesthetics in their kitchens.
The materials you select significantly impact how soon and for how much your home sells. Even something as simple as spending on high-end taps could make a big difference in the value attached to it when it is time to sell.
Such additions make a statement and give people the idea of the attention to detail and customization, hence the increase in value.
Bathroom remodels
Another way to increase the value of your house is by remodeling your bathrooms. Just like remodeling your kitchen, modernizing appliances or the old style of your bathroom will result in good returns.
To achieve this, ensure to focus on the features that draw most people’s attention. For example, small showers are a thing of the past, and more streamlined, luxurious designs like extra body sprayers, wider showers, and customized floor tiles are the trend.
Your house appears more up-to-date by paying attention to such features, hence increasing its market value.
The Roof
The roof of your house makes up a third of your home’s exterior. It, therefore, means that besides keeping out the rain, it also needs to look good. Nobody will be impressed by the dull 3-tab shingles on your roof; instead, check out numerous colors and styles in the market to boost the look. Holes in your roof can cause structural damage, if you live in a place like Atlanta, Georgia you would have to check your roof before heavy rain season to get it fixed and in order to sell. Roof replacements in Atlanta are pretty cheap if you do your research and budget fairly.
Nearly every realtor suggests that homeowners replace their roof before selling, as people are likely to turn down buying a house whose roof is old. Get a good contractor, do your research to get the best contractor to do the work for you, let professionals transform your roof.
Outdoor enhancements
We can all agree that first impressions matter, and it is no different with houses. Beautification of your outdoor space will benefit your property more than nearly any other project will. After all, this is the first thing people see when they walk into a house, and everyone loves a beautiful outdoor space.
Consider common enhancements like lawn care, landscaping, and cutting back shrubs, all of which push the scale in pricing. If you wish to increase the value of your garden, consider the following tips:
- People value privacy and security, and walls, fences, or tall plants can provide a sense of solitude as long as they do not block out light.
- Garden lighting does a huge transformation even on the smallest of gardens. It also makes it easier for potential buyers to have a good impression of the home when viewing at night.
- Make your home more attractive by having healthy flat lawns or a well-maintained grassed area if your garden is big enough.
Garage and Loft conversions
Loft and garage conversions are some of the most popular ways to extend and add value to your house. You could increase the value of your house by 20 percent by transforming a single garage to extra living space and 15 percent by converting your loft to an additional bedroom.
If you consider these renovation options, you can incorporate other storage spaces into your house to compensate for the lost storage space. For example, you could add a shed in the garden to store items that would otherwise have been stored in the garage.
Making important home upgrades pays off in the long run as they make your home more up to date, hence increasing its value. Consider house renovations as a savings account. The more improvements you make, the more likely you will retain the investment and even profit from it.
Authors Bio: Sheryl Wright
Sheryl Wright is a freelance writer who specializes in digital marketing, inclusive business, and interior design. If she is not at home reading, she is at a farmers market or climbing in the Rockies. She currently lives in Nashville, TN, with her cat, Saturn.