6 House Renovations to Increase the Value of Your Home
As a new or existing homeowner, you will most likely re-sell your property at
some point in the future. Oftentimes, as properties age, their appeal can
substantially subside. A facelift may be in order to help restore lost market value.
To ensure you reap all the benefits home improvements have to offer, take a
closer look at which renovations give you the most return on your money. After
all, any home improvements or renovations you make should increase the overall
market value of your home, not leave you out of pocket. The return on renovations has a great deal to do with the current market value of
your home. Certain improvements can increase the value for some properties
and be a complete misuse of time and money for others. Based on recent home selles statistics, these are the improvements that prove to be the most
valuable investments for your home:
1. SPA INSPIRED BATHROOMS
1. SPA INSPIRED BATHROOMS
2. KITCHENS ARE THE HEART OF THE HOME
It’s where the whole family and your guests want to be. Whether you’re cooking for 2 or 10, or refuelling on the go, it’s a space that needs to meet your needs. That’s why kitchen upgrades can produce a return on investment of 44% higher than other home improvements you might consider. Appliance upgrades are a key factor in kitchen renovations. Brand name stainless steel appliances become an attractive feature for home buyers. Upgrades like trendy cabinetry and countertops, the style matching hardware and plumbing fixtures as the finishing touches are always impressive choices for any contemporary kitchen renovation.
3. FRESHEN UP WITH PAINT
Painting, a fairly simple and inexpensive update, is so often overlooked for its remarkable effect. It adds depth and cohesiveness to any room, by completing a look and accenting furniture. Expect a return on investment of 29% higher than other home renovations. Try neutral tones of beige, brown and grey, they complement almost all furniture types. Keep bold colours for your décor pieces like pillows, throws and room accents. Most new home buyers despise having to repaint an entire home to suit their style, so keep colours neutral.
4. FLOORS THAT GLEAM
Hardwood or tile floors in a home can have a great impact on home appeal. It
means lower maintenance and easier clean-up than more traditional wall-to-wall
carpet. It can also add a modern flair to any home if the right choices are made.
Maple hardwood, slate tiles, laminates or ceramics can add elements of texture
and dimension to open up any space. Flooring upgrades can produce a return
on investment of 22% higher than the average home reno. Also, draw attention to
floors with interesting rugs that flatter.
5. FIREPLACES MAKE FOR COZY LIVING
Warming up by a fire can make even the worst winter weather feel nice and cosy. The ambience of a fireplace fills any room with a warm and comfortable glow. If you’re looking to install or upgrade a fireplace in your home, expect a return on investment of 11% higher than other home improvements you might consider. Gas fireplaces nowadays are the most popular choice, with greater efficiency, ease of use and maintenance than their more traditional wood-burning counterpart. Styles range from a more traditional hearth to ultra-modern stainless steel. Choose the design to complement the overall house style.
6. LANDSCAPING BOOSTS CURB APPEAL
Making a good impression on a potential home buyer starts from the outside in. Landscaping the front and back of your property is a relatively inexpensive way to breath new life into an average home. Landscaping can provide a return on investment of 7% higher than other home improvements you might consider. Creating curb appeal can be easy and affordable. Placing potted plants, flowers, trees or shrubs at the front entrance of a home creates an inviting ambience that frames your doorway. Polish up a tiered backyard with tiki torches, a natural stepping-stone pathway, pond or flowering shrubs. A fountain and small bench can also add just enough elegance to create a cosy outdoor retreat.
Happy renovation!
www.ManuelaLovasz.com
5. FIREPLACES MAKE FOR COZY LIVING
Warming up by a fire can make even the worst winter weather feel nice and cosy. The ambience of a fireplace fills any room with a warm and comfortable glow. If you’re looking to install or upgrade a fireplace in your home, expect a return on investment of 11% higher than other home improvements you might consider. Gas fireplaces nowadays are the most popular choice, with greater efficiency, ease of use and maintenance than their more traditional wood-burning counterpart. Styles range from a more traditional hearth to ultra-modern stainless steel. Choose the design to complement the overall house style.
6. LANDSCAPING BOOSTS CURB APPEAL
Making a good impression on a potential home buyer starts from the outside in. Landscaping the front and back of your property is a relatively inexpensive way to breath new life into an average home. Landscaping can provide a return on investment of 7% higher than other home improvements you might consider. Creating curb appeal can be easy and affordable. Placing potted plants, flowers, trees or shrubs at the front entrance of a home creates an inviting ambience that frames your doorway. Polish up a tiered backyard with tiki torches, a natural stepping-stone pathway, pond or flowering shrubs. A fountain and small bench can also add just enough elegance to create a cosy outdoor retreat.
Happy renovation!
www.ManuelaLovasz.com
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