5 Renovations That Will Increase Your Home’s Value

Looking for the best renovation ideas?
The right renovation can do wonders for your home. Whether you want to make improvements to your home for resale value or personal enjoyment, you can never go wrong with choosing the most cost-effective renovations.
Investing in projects that increase the value of your home is the key to a successful renovation. You’ll want to make upgrades to parts of the house that catches the most attention. Before deciding on a remodel, you should try to avoid factors that can decrease your home’s value. Cost-effective renovations will ensure your resale value will be greater if you ever consider selling or renting it out.
Although most renovations will improve the look of your home, not all renovations can give you profit when you sell your property – some projects will cost you more than they give back. So, if you want to upgrade your home and command higher prices when selling, knowing what upgrades to make and avoid go a long way. You can get the best value from your investment and maximise your return in the long run with these renovations.


Here are 5 of the best ways to increase the value of your home:

M-kitchen-2

Kitchen Renovation

The kitchen is the heart of your home where you cook, entertain guests, and spend time with your family. A space with many components that are worth upgrading for profit. Making simple changes like a fresh coat of paint, new cupboards/countertops, upgraded stove and electronics will make a huge difference in your home’s value and creating a warm and functional kitchen for you and your family.

Bathroom Renovation

The bathroom is an essential space you spend a lot of time in and it is one of the first things prospective homeowners look at. Creating an aesthetically bright, clean, and spacious area will make your bathroom space more appealing and comfortable to use. Remember that you don’t have to spend a fortune to achieve this – a fresh paint job, new tiles, clean fixtures, and showerhead replacements will do the trick!

Bathroom Renovation
Flooring

Flooring

An upgrade to your flooring can completely change up the look and feel of your home. There are endless flooring options on the market, each with their own pros and cons. If you want the benefits of a floor that is durable, easy to clean and has a great resale value – I recommend looking into engineered timber flooring. This option provides a clean, stable, and luxurious look that will boost your property’s value.

Installing A Deck

Installing a deck will create a desirable outdoor space for lounging and entertaining guests. An outdoor entertainment space with unique features such as desk furniture, umbrellas, quality materials, or a firepit can make a big difference to the value of your home. The return on your deck also depends on things like it’s location and material.

 
Installing A Deck
Curb Appeal

Curb Appeal

Homes with a high curb appeal tend to sell faster and can increase the perceived value of your home. A good impression always adds value and prospective buyers are always more inclined to look inside if they like what they see on the outside. If you want to increase your curb appeal and get a high return on your investment, some budget-friendly fixes like paving your driveway, maintaining your lawn and adding fresh paint can instantly give your home a whole new look.

These renovation ideas can improve the comfort of your home and make your dream home a reality. Alternatively, if you plan on selling your home, making any of these upgrades will improve your property value. This will give you the highest return on your investment and make it easier for you to sell in the future.

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Flooring

Flooring

An upgrade to your flooring can completely change up the look and feel of your home. There are endless flooring options on the market, each with their own pros and cons. If you want the benefits of a floor that is durable, easy to clean and has a great resale value – I recommend looking into engineered timber flooring. This option provides a clean, stable, and luxurious look that will boost your property’s value.

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