What are the home renovations that can significantly increase your home’s value?
Homeowners choose to renovate their home for a few reasons: the house or a specific room no longer accommodates a family’s lifestyle and they are simply looking to upgrade, or are planning to move. No matter what your reason is for renovating, a home renovation should increase your home’s value, however we know that some home renovations have a higher return than others.
These home renovation projects can significantly add to your home’s value, which can make a huge difference upon selling your home, whether it’s immediate or several years away.
Flooring
When you walk into a home, one of the first things anyone will notice is the floor. Hardwood floors is considered an upgrade in any home, and future homebuyers will take notice. Hardwood floors will increase your home’s property value. If your home already has hardwood floors, but they are totally out of style consider getting them refinished – it’s a home project that’s more cost effective than buying an entirely new floor.
Upgraded Fixtures
You don’t have to turn your home upside down and spend a fortune to turn a profit if you’re selling your home. Making simple changes like updating the hardware on the kitchen cabinets or plumbing fixtures will not only update the look of your home, but increase its value as well. A more costly project includes upgrading light fixtures and even adding pot lights in the ceiling. It’s a high-end upgrade that will completely transform the way your home looks.
Kitchen & Bathrooms Renovations
The kitchen and bathrooms are very important rooms in the house, and for obvious reasons! Most homeowners spend a lot of time in the kitchen, entertaining guests or simply cooking and having dinner with the family. The bathroom should be a sanctuary, a place of peace and privacy. You don’t have to break the bank renovating them; by upgrading the countertops and refinishing the cabinets, you can give your bathrooms and kitchen a new look on a budget.
Minor kitchen and bathroom remodelling projects can have a better short term return, while major updates can give you the kitchen/bathroom of your dream and a great return even after years.
If your concerned about your home renovation damaging your wallet, why not contact our team? We have completed a wide variety of home renovation projects at varying price points. Let us know what your budget is, and we’ll tell you what we can do to achieve your home renovation goals with the budget we have to work with.
We treat each project and home – whether big or small – with the same respect. We deliver quality home renovations on time and on budget. It starts with a free in-home consultation. Invite us into your home to discuss the home renovation you’re interested in, and we’ll work together to make it happen!
