John
As a homeowner, when you complete a
renovation, you want it to add value to your property. However, that does not
always happen. Knowing which home renovation options provide significant value
can help you to remodel your home in a way that builds equity. Think about the
cost versus value and decide if a project you are planning on is a worthy
investment. Below are a few ideas you can consider for your home, adding value
as well as quality change to the home.
Bring in the Light
A dark home appears cramped and not
appealing. When you add light to a space, especially natural light, it creates
a coziness and can add value. Easily add a skylight to large living areas or
make a dark room feel larger by adding in a window for more natural lighting.
Even adding larger windows can bring in more light and provide significant
value to your home.
Create a Home Office Space
As more people are working from home,
having a home office space is ideal. If you have the space in your home,
upgrade a room to become a dedicated office. You can add in data ports and
extra phone lines or outlets to be used for devices such as printers and
computers. Even consider built-ins for one wall to create a space for files,
books, etc. This space will easily appeal to buyers if you decide to sell
because most people bring their work home with them or work from home in
general.
Finish a Basement Space
If you have an unfinished basement in the
home, investing in finishing the space is a must. You will gain back the money
you put in, at least for the most part, as you are creating more livable space
in the home. Perth Renovations
Co is a company that provides such renovation options and will quickly tell
you that additional space adds cash value to the home. Consider adding a
bathroom or creating a huge open space for additional use of the home.
Update the Bathroom
If you have an older home, updating the
bathrooms will add significant value to your property. Everyone wants to enjoy
a nice relaxing bathroom space, instead of a trip back a few decades. If you
need to update this space, you will see value by adding a new tub or shower,
vanity, tile flooring etc. Consider the age of your bathroom and have a realtor
help you see just how much value will be created by updating the space.
Kitchen Remodel
Kitchens sell homes. When you have an
updated kitchen, it instantly adds value. From new cabinets to countertops and
flooring, a full kitchen remodel will cost a pretty penny, but you will be able
to reap what you sow if you decide to sell. Consider how much you can spend and
what will make the greatest impact in the space before getting started.
Add a Deck
Heading outdoors, a great option to add to
your home is a deck. With a new deck, you create outdoor space that adds value
for your family as well as to your property. Take a look at your property. You
may be better suited to add a deck if your space is larger or a lower back door
would require a patio to be added to the space. Any addition, be it a patio or
deck, will add value to your home.
Think about how you can make changes to
your home that will add value, such as the options suggested. Having an
estimate for the work will help you to see what you can do to change up your
home for the better!
