Some renovations are known to help increase the value of your property, while others do not necessarily help to increase it. Below you will find five of the most common types of renovations and how they will increase the value of your home:
Kitchen and Bathroom
These two rooms are considered to bring the most value to your home. Smart renovations such as replacing or adding a backsplash can help to enhance the room. If you are thinking about renovating, keep storage in mind and maximize your storage space.
When planning renovations for the bathroom, it is preferable to have a seperate bath and shower. When it comes to the kitchen a lot of people would like to have an island. When it comes to accessories, classic lighting and fixtures will suffice.
Indoor and Outdoor Painting
Painting is an inexpensive renovation that provides you with good value for the money you invest. It is best to choose light, neutral and matte colours. If you can, enlist the help of a professional painter.
If you are starting to see traces of moisture on your windows or if the cold weather makes your home’s interior uncomfortable, it might be time to replace them. High quality windows are not only pleasant for the overall aesthetic of the home but they also help to prevent the transfer of hot or cold air, while also contributing to the overall home’s energy efficiency.
Beautifully crafted and high quality floors can add value to your property. When looking for floors for the ground floor look for solid wood or other natural colours. Floating floors are something that are less expensive, but shouldn’t be used on the ground floor. Try to avoid wall to wall carpeting throughout your house.
A renovated basement is a worthwhile investment. It can be set up as a family room or a guest room. Please make sure it fits the style of the other rooms in the house.
Most importantly, keep all the bills from your renovation projects! They will be very useful for showing the improvements that were made over the years.