Popular Home Renovations That Will Increase Your Property Value
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You’ve spent years building your home, and you want the outside to reflect the care and effort you put into it. Home renovations can be expensive, but they can also significantly increase your property value and make a great return on investment. That’s why we’re going to take a look at some popular home renovations that will help improve your property value!
Bathroom Update
Many people want the newest and latest items for their home, but that doesn’t mean you need to completely renovate everything inside or outside your house when it comes time to sell. Sometimes all you have to do is update one room! This means replacing things like cabinets, countertops, flooring, etc., which will give off a brand-new look without breaking the bank. Updating just one room could add up to fifteen per cent more on top of what your asking price might already be if you were looking at selling soon. Make sure any updates are age-appropriate where necessary, though! No matter how well maintained a property seems these days, anything built before the mid-90s will make an old first impression.
Kitchen Renovation
A kitchen renovation can also add up to an easy fifteen per cent increase in your home’s value. Suppose this is what you decide on doing. In that case, it may be best to do a complete gut job or at least have everything replaced from the flooring up to improving energy efficiency by installing new appliances and countertops. Many homeowners are turning away from granite because they’re afraid that it might give off an outdated look, even though there are some excellent faux stone choices out there these days! It’s also suggested to hire yourself Sheridan Skips to ensure you’re able to remove all the rubble after the project. Wooden floors tend not only to offer a more rustic feel but will make any room seem larger than life, especially if paired with open concept living spaces like kitchens and dining rooms.
Upgraded Patio and Outdoor Spaces
There’s no doubt that an upgraded patio and outdoor space will add a lot of value to your property. If you don’t have one already, creating a unique backyard landscape with everything from patios and fire pits to gazebos could be the perfect way for potential buyers to see themselves spending time here in their free time efficiently. Not only should these features look good, but they also need to function correctly too! Remember all the renovations we talked about earlier? Just like anything else on this list, these would need updating if it hasn’t been done yet before putting your home up for sale because again: age appropriateness is critical! The lines between looking dated and timeless can be OK sometimes, so make sure any updates or renovations are consistent with your home’s overall look and feel, sort of like how you would want to dress for an interview.
There are so many fantastic home renovations that can all add up to significant increases in your property value. If you have the money, it would be wise to renovate at least one room or upgrade any outdoor spaces before putting your home on the market. Doing this will make a great return on investment and increase interest from potential buyers!
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