Renovation projects can transform your home and instantly create a more functional and welcoming living environment. Home improvements can also help you avoid the time, money, and hassle associated with moving to a new property. Even minor renovations can enhance your living environment and make your property appeal more to potential buyers if you decide to sell in the future. With this in mind, here are six of the best renovation projects to boost your home value:
1. Remodel the kitchen
Research shows that kitchen remodels yield some of the highest returns when it comes to home renovations. This is mainly because a modern kitchen is highly sought-after by potential house buyers. Complete kitchen remodels are typically expensive and labor-intensive projects, but it is usually worth investing in a new kitchen if you have the budget available.
This is especially true if your current kitchen is old and outdated. That said, minor kitchen upgrades can still have a big impact on your home value and there are plenty of ways to enhance your kitchen with a minimal budget. Some of the most effective small kitchen improvements include upgrading your cabinet doors, resurfacing your countertops, and replacing old appliances such as the stove and refrigerator.
2. Modernize your bathroom
The bathroom is another area of the home that benefits the most from improvements and upgrades. Remodeling your entire bathroom can be an effective way to increase your property value. However, as with kitchens, bathroom remodels are often expensive and can cause long periods of disruption in your household, particularly if you only have one bathroom in your home.
Luckily, there are dozens of affordable ways to modernize your bathroom and boost its appeal. To give you some ideas, you could replace the flooring, add an attractive roll-top bathtub, or update bathroom fixtures. Even just installing better lighting or giving your tiles a deep clean can instantly breathe life back into an outdated bathroom. If you are planning on completing renovation work in your bathroom, then be sure to hire a professional plumber with the skills to do a quality job. For instance, plumbers topeka ks are an accredited and award-winning plumbing company with plenty of positive customer feedback.
3. Create a guest bedroom
Creating a guest bedroom in your home can instantly boost your property value and make your home appeal to a larger pool of potential buyers. Many home-seekers want a spare bedroom that can be used to host guests, store spare items, or even convert into an office or gym. Fortunately, you have various options when it comes to creating an additional room in your house. For instance, you could convert your attic, basement, or garage into a functional spare room. You could also construct a wall to separate a large room in your house into two. Another option is to have an extension built in your backyard. According to real estate experts at listwithclever.com; “adding a new bedroom can increase your property value by $30,000 and $50,000.”
4. Upgrade your heating system
Upgrading your home’s central heating system is a reliable way to increase your resale value. Many old properties have outdated heating systems, and some don’t have central heating at all. House buyers look for properties with efficient heating and having an outdated system is likely to harm your home’s value and may even discourage potential buyers from making an offer.
Overall, replacing or upgrading your central heating system is likely to add more to your home value than it costs, making it a smart renovation project to invest in. At the same time, you should also look to improve the efficiency of your property by carrying out energy-saving improvements. Some simple ways to make your home more energy-efficient include sealing drafts, installing extra insulation, and replacing old windows and doors. Along with increasing your home value, these minor upgrades should also lower your carbon footprint and reduce your monthly energy costs.
5. Enhance your curb appeal
Many homeowners focus their renovation efforts on their home interiors and neglect the exterior of their home. However, you should keep in mind that the outside of your property is the first impression that people get of your home. The exterior of your house sets the expectation for what the inside of your home is going to be like. With that in mind, you should focus on ways to enhance your curb appeal and create a good first impression. Here are some of the top ways to boost the curb appeal of your home:
- Add fresh greenery and flowers to the outside of your property. Pay special attention to walkways and use flowers and plants to highlight key areas of your yard.
- Keep your outdoor space neat and tidy by completing regular yard maintenance.
- Make your front door stand out by painting it in a bold shade.
- Use a power washer to clean your porch, driveway, and walkways.
- Invest in landscaping services to give your yard a more polished and expensive appearance.
6. Repaint your interiors
Repairing your home interiors is one of the easiest and most cost-effective ways to modernize your home and increase your property value. A fresh coat of paint will conceal cosmetic wall damage and instantly give your home a more stylish and streamlined look. Many homeowners choose to paint their interiors in neutral colors such as white and cream, as these shades can make rooms appear bigger and brighter. Painting is a relatively simple project that most people can complete themselves without the need to hire a professional. This makes it an extremely affordable home improvement project.
Final thoughts
Home improvements can be an excellent way to enhance your living environment and increase your property value. Renovations require time and money, so you must do your research and invest in projects that are likely to give you a good return. Above are a few of the most reliable home renovation projects to boost your home value and improve your property’s appeal if you decide to sell.