Renovations That Increase Your Property Value
Have you been thinking about doing some home renovations? Whether you are going to sell or you just want to update your home, you probably don’t want to spend a lot of money on renovations that don’t increase your home’s value. These are renovations that give you the best value for your money.
Exterior Upgrades
Anyone driving by or visiting your home will see its exterior first. Therefore, changes that impact the exterior appeal of your home are typically valuable. A simple paint job or landscaping installation can significantly impact the value of your home. You can also install new windows and doors or build decks and porches to expand your outdoor living space.
Structural Changes
Before you do any renovations, you should check your home’s foundation and structure. If your foundation is solid and your structure is sound, you can move to other structural changes. For example, you may want to open walls or move stairs as long as they do not damage your home’s structural integrity. Work with a licensed contractor if you plan to make major inside changes to ensure the home is supported properly.
Kitchens and Bathrooms
Kitchens and bathrooms are typically the most popular and valuable in-home renovations you can complete. Most people spend a lot of time in the kitchen, so upgrading your appliances, countertops, lighting and décor can have a major impact. In addition, homeowners and prospective buyers put a high value on upgraded bathrooms. Old, outdated tile and fixtures can devalue your property. A licensed contractor can help you choose and install modern materials.
Other Aesthetic Upgrades
Sometimes, a simple change of paint color, flooring or lighting can make a room look larger or more attractive. These upgrades, though some are quite inexpensive, can increase your property value more than the cost of the renovation. However, although you may want a modern look, you should also consider the neighborhood, architecture of the home and the desires of future owners.
No matter what home renovations you pursue, choose materials that last and work with a licensed contractor who guarantees the work done on your home.