5 Renovation Projects That Will Add Extra Value to Your Home

Renovation Projects That Will Add Extra Value to Your Home

No matter if you just moved into your new home or if you’re planning to sell it, boosting your home’s value is always a good idea. There are many updates and renovations you can implement in your home, but not all actually pay off. So, if you don’t want to waste your time and money on unnecessary upgrades, here’s a list of renovations that will certainly add some extra value to your home.

Update your kitchen

Ask any real estate agent what is the most important part of any home today, and they will probably say it’s the kitchen. This is a room that can make or break the sale since an ugly and outdated kitchen will put off a lot of buyers. Kitchens are also relatively easy to renovate, and you don’t even have to get a full remodel. For instance, you don’t have to replace your cabinets – simply give them a fresh coat of paint. If new cabinets are inevitable, get the ones off-the-peg and splurge on new and better lighting and countertops. Nothing attracts buyers quite like quartz and granite.

Beautify your bathroom

The second most-important place in the house you should renovate is the bathroom. A bathroom from the 60s or 70s will not attract any buyers not add value to your home, so you must make some changes. Update your fixtures and make it more modern. Clean and white bathrooms with new fixtures almost always return the profit. You can also consider adding another bathroom, especially if your house is big enough.

Add a deck

Even though this upgrade can cost you some money, renovating or adding a deck or any sort of outdoor living space will certainly add a significant value to your home. If you create a comfortable and appealing deck and backyard, it will attract many new potential buyers with all sorts of lifestyles once you decide to sell. If you want to save up some money on this major renovation, you can try to DIY it and reduce the costs almost by half. However, deck construction isn’t easy, so if you don’t have time to devote to it or absolutely no experience with power tools, it’s best if you call in a professional.

Enhance the kerb appeal

We all know how important first impressions are, so don’t let people dismiss your home just because your facade is old and your garden poor. It’s easy to enhance your kerb appeal by just giving your home a fresh coat of paint and keeping your lawn neatly mowed. You can also put up some composite panels that are very low-maintenance and cost-effective onto your facade, since they can add a lot of appeal to your home.  Another thing you should try to do is direct the viewer’s eye towards the good things of your home’s exterior. For instance, if you have a big garage, try to guide the eye there by lighting the path to it. All of these exterior updates will make your buyers remember your home and maybe come back to finish the sale.

Small changes for big return

If you don’t want to spend all of your savings on home renovations, you can make some small changes and still add value to your home. One neat trick people say pays off surprisingly well is making an update plan. For instance, make a list of small one-day projects you can do, such as replacing old and ugly plugs and light switches, adding a couple of decorative elements or updating a lighting fixture, and do one every week. After a couple of weeks, you’ll start noticing a real difference your potential buyers will appreciate as well.

As you can see, there are many major and minor renovations you can do to improve your home’s value. No matter if and when you’re planning to sell, these will certainly pay off. Updates will make your living more comfortable and pleasant, and once you decide to put your house on the market, they will certainly attract many buyers.