5 of the most valuable home renovations
If you’re thinking about doing some home improvement projects, you might be wondering what the best renovations are. Sometimes, we know our homes could use some upgrades, but we’re not quite sure what to do. Here are five of the most valuable home renovations that are worth the investment!
#1 Fix up your kitchen
Remodeling a kitchen in need is almost always a valuable renovation. This is because the kitchen is the central area in any home, and every resident uses it frequently. It is a room in plain sight, as opposed to bedrooms behind closed doors. If your kitchen is feeling a little dated, it might be time for some upgrades! The good thing about kitchen remodeling is you usually don’t have to rip up the entire room and start from scratch. Small improvements tend to make big differences, and can easily increase the value of your kitchen. For example, you could choose to replace the flooring, countertops, or backsplash, but you probably don’t need to do all three. You might want to get new appliances or furniture for an updated modern touch, too. If you think a kitchen remodel is on your list, it’s important to sit down and consider which areas need the most attention. By being selective, you can make the most impact without causing too much trouble or ringing up huge expenses.
#2 Remodel your bathrooms
Bathrooms follow closely behind the kitchen in terms of valuable home renovations. People put a high value on bathrooms that are clean and in good condition. Whether you plan to sell one day or not, it’s important to keep these areas in top shape. Similar to the kitchen, a bathroom remodel doesn’t have to be a full-scale teardown. If there are certain areas of your bathrooms that need the most help, focus on those. For example, you could replace a yellowing bathtub, or install new countertops and flooring. You can modernize this space pretty easily, since it is so small. Plus, the return on your investment is a big one.
#3 Finish your basement
If you think you might sell your home in the future, a finished basement will be a big draw for many potential buyers. This adds a whole other floor of living space to a property, which is extra beneficial for families or people who work from home. Since the pandemic, a work-from-home setup has become standard for many people. As a result, potential buyers may want to see there’s a space where they can set up a home office. A finished basement can add a lot of value to a property, making it a worthwhile home renovation.
#4 Consider energy-efficient replacements
Green energy is becoming more and more popular for a couple of reasons. First, many people are trying to live in a more environmentally-conscious manner. Second, green energy can often be more cost-efficient in the long run. Whether you plan to sell your home or not, these are generally valuable home renovations and upgrades. Plus, they don’t have to be super confusing or hard to use! For example, you can do simple upgrades like replacing your current dishwasher or washing machine with energy-efficient appliances. You can also get a smart thermostat, which will regulate your home’s temperature and reduce wasted energy. These are things that won’t impact your day to day lifestyle. You don’t have to jump right into solar panels if you’re looking to make your home a bit greener!
#5 Update the exterior
You should never underestimate the power of curb appeal. A modern and clean exterior will always increase your home’s value. The outside of your home is the first impression people get, and first impressions are lasting ones. It’s a good idea to keep your home’s exterior in good shape in case you ever decide to sell. Things like freshly painted doors, paved walkways and driveways, and new windows can have a huge impact. You can decide if any areas of your property’s exterior are in need of some care!
There are endless valuable home renovations you can take on as a homeowner. Every home is different, so every home will have unique needs. It’s up to you to decide how you should go about improving your property’s value, and what your plans are for your home in the long run.
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