When it comes to renovating your home, a lot of people don't know what renovations are worth the investment. Even though any renovation will increase your home's value, there are some that are worth more than others. If you are looking at investing in your home, here are the 10 best renovation ideas for you.
Major or Minor Kitchen Renovations
When it comes to upgrading your kitchen, you can go with a major renovation or a minor one. Both are great ways you can increase the value of your home. Doing so you can recoup up to 75% on it depending on what you decide to do as well as where you live.
When it comes to minor kitchen renovation, they include things like adding a new backsplash, refurbishing the cabinets, updating lighting and faucets, etc. But when it comes to major renovations it means that you are putting up new cabinets, installing new floors and adding more space to them.
No matter if you are doing minor or major renovations, always make sure that you are staying within the budget that you have created as you don't want to go into debt and have the complete opposite effect.
Another great investment that you can make is renovating the bathroom. Having an amazing-looking and updated bathroom will not only make your home easier to sell but you will also be able to drastically increase the price. When it comes to things that you can do, the options are truly endless, so the main dictator will be the budget you are working with. From installing fancy toilet bidet seats to tearing down walls to make them bigger, your options are endless. If you have the space, it is always better to add a second bathroom to the house as it will make it more appealing for future buyers.
Transforming an Unused Space
When it comes to having a home that has a lot of unfinished spaces or simply extra rooms that are not being utilised, taking advantage of them and turning them into something useful is always a great investment, no matter what you go with. Anything for gyms, office spaces, playrooms or even just making a separate suite, it is an investment that will drastically increase the value of your home.
Something that a lot of people tend to overlook in the renovating process is the outdoor space, but that is what will bring the most money to you. Having a backyard oasis will make your home incredibly valuable, especially now that a lot of people are working from home. Adding things like patios, decks or cozy nooks will make your home more relaxing and more valuable. It is a great home renovation as it is low-cost, and it will make your home more desirable.
Make the Home Up to Code
If your home is an older one, the best thing that you can do is ensure that everything is up to code. Start by installing all new electrical wiring, and plumbing as well as updating things like the windows, HVAC systems, water heaters and insulation. These renovations can be very costly but they are worth it as you will make your property almost brand new as well as a safer space to live in.
Since we live in such technologically advanced times having a home that is energy efficient is very important. It will not only help you save money on your energy costs, but you will also be able to leave a smaller carbon footprint in the world. Some of the best projects that you can consider adding are solar panels, choosing energy star appliances, replacing old windows as well as improving the insulation of your home. Depending on where you live, you can apply for green energy tax credits, which will benefit you in a lot more ways.
Updating The Interior Design
Another thing that a lot of people tend to look over is how much profit renovating your interior will leave you with. Making simple yet straightforward design updates to your home will turn your home into a new one. Start by updating all the old fixtures, doorknobs, and hardware, repainting the walls, adding fresh crown molding, installing new blinds and curtains, and extenuating things that you think are unique to your home.
Curb Appeal Boosters
When it comes to your home's curb appeal it is what gives people the first impression of your home. There are many renovations that you can do to your home that will improve your curb appeal instantly. The simplest thing that you can update is the siding off it. You can go for cladding, vinyl, painting your doors, adding new garage doors as well as adding accent lighting to the exterior of the house.
Pay Attention to The Landscaping
As we have stated above, the outside of your home is just as important as the inside when you are renovating. You have to ensure that you are reseeding the lawn and covering any dead patches. You should also replace any old mulch, remove dead plants and trees and plant new ones. Another thing that you should do is ensure that the lawn is clean and neat. Landscaping renovations are fairly inexpensive, and you can do it on your own.
Smart Home Automation
On top of having an energy-efficient home, having a smart home is very popular. Even though it is a big investment, it will drastically increase your house value. Some of the most popular smart home renovations are smart lights, thermostats, smoke and monoxide detectors as well as smart home security systems. If you are working on the budget, doing the updates one by one will still be a part of the renovation.
These are just a few of the best investments that you can make when you are renovating your home. No matter which ones you choose to go for, it is important that you are following the budget that you've previously set.