When you think of renovating your home one of your top considerations is most likely whether or not the cost of the renovation will be worth it. Renovations can indeed make a big difference when you want to raise the value of your house. However, keep in mind that neglecting a single part in your home especially a popular one like the kitchen can affect the value of your house negatively.
Although renovations may seem daunting they can benefit you in the long run by significantly increasing your home’s value in the long-run.
Here are 4 such renovations to focus on if you would like to increase your property value.
1. Kitchen Renovations
The kitchen is the heart of every home, and a nice-looking one can indeed add value to your home. When tackling a kitchen renovation keep in mind ways that you can create more space.
Then begin to look at the details as well. If your kitchen countertops are old and out of date you should update these. You may even want to update your appliances as well to go for something that has a nice sleek, modern look.
2. Updating Interiors With Paint
Painting is one of the most effective ways to add value to your home. A fresh coat of paint can give your home a fresh appeal without the need for extensive or intensive renovations.
You can even paint cabinets and cupboards to refurbish the look of your kitchen and bathrooms.
No matter which room you choose to paint, if you are painting with the intention of increasing the value of your home be sure to pick bright, neutral colors as they will be more appealing to potential buyers.
3. Curb Appeal
Your home needs to look attractive both inside and out. When prepping your home for sale it is all too easy to get caught up with interior renovations and forget about your home’s exterior. However, a good first impression will not only entice buyers but could increase your property’s value as well!
Is your siding looking a little lack lustre? Give it a good wash or upgrade it altogether. Repair any damages to the exterior of your home including walkways and driveways.
Then, if you’re selling in the spring or summer, be sure to plant some fresh flowers and trees. Nothing emphasises a welcoming house more than a tidy lawn and garden!
4. Finish Your Basement
Another top renovation to consider to effectively add value to your home is a refinished basement. Most homeowners decide to add a recreation room or new living room, but you may also want to build a suite. Even the smallest budget can see improvements in an unfinished basement. Then when your basement is all finished you’re sure to see the benefits when it comes time to sell.