4 Types of Home Renovation: Which Ones Boost Value?
If you’re thinking about renovating your home, one of the biggest questions on your mind is likely to be: Will it increase the value of my home? The answer is yes – but it depends on the type of renovation you choose to do. In this blog, we’ll explore the 4 types of home renovation that are known to boost the value of your home.
They say that the kitchen is the heart of the home – and it’s also one of the most important selling points. A well-designed and up-to-date kitchen can add significant value to your home. Some popular updates people make include refacing cabinets, installing new counter tops, and upgrading appliances. The key is to focus on both form and function. Updates should look great but also offer practical solutions for homeowners.
Along with the kitchen, having an updated bathroom is a key selling point for any home. A bathroom renovation could include updating the tile, replacing fixtures, putting in new toilets and showers, and changing out the vanity cabinets. If you have only one bathroom in your home, it is particularly important that it looks and feels fresh and modern to prospective home buyers.
Adding square footage:
Increasing the square footage of your home, whether by adding a room, expanding an existing room, or converting a basement or attic into a living space, is a smart way to add value. Buyers are often looking for more space to grow and expand in, and a larger home could mean a higher price point. Before you start this renovation, make sure you research local zoning laws that could affect your project and budget accordingly.
Curb appeal is key when it comes to selling your home. Updating the exterior of your home can have a big impact in bringing in potential buyers. Consider updating the front door, adding landscaping, and sprucing up the backyard with a new deck or outdoor living space. A beautiful outdoor area is perfect for entertaining and can help outdoor-loving buyers see the potential in your home.
Renovating your home can be a great way to boost its value and appeal to potential buyers. However, it’s important to focus on the renovations that will have the biggest impact. By choosing to update your kitchen, bathroom, adding square footage, or outdoor area, you are investing in your home’s resale value. Remember to budget accordingly, research zoning laws, and consult a professional before starting any renovation project. Check out our completed renovations or contact us to boost the value of your house!