Do you need some home renovation ideas that will increase the market price of your home? Keep in mind that you should be very careful when considering the right ones. Some will increase the property value, while some might make it unattractive in the eyes of the potential buyer. It is very important that you make a proper decision.
From extending your home to kitchen remodeling, there are a lot of options available to decide from. Read on and find out more about the top home renovations that will increase the value of your home!
Perfect lighting
Airy and light rooms look so appealing to future homeowners. If your home appears rather dull and cramped, it is time to change that. The first factor that you should consider is the natural light. Is your home getting enough, or is something blocking the natural light from entering? Consider removing walls if they block the light from dispersing through your home. Also, pay attention to artificial lighting. Invest in proper ambiance lighting and task lighting to bring an airy feeling in your home.
Home extension
The costs of building a home extension can result in an 11% increase in the home value. Many homeowners find this option feasible. However, it would be best if you did the math properly. The cost should be less than the value you will gain from this specific home extension. Despite the financial cost, keep in mind that a home extension is a large project that can be stressful.
Don’t leave any rooms empty. Potential buyers would love to see the functionality of the space. One good idea is to turn it into a home office. With having so many people working from home, this would add value to your home. Make sure that you add enough power outlets when planning the space.
Update the bathroom
Outdated bathrooms or a lack of bathroom can turn away a potential buyer. Consider remodeling your bathroom, or add another one if the size of the home requires it. An additional bathroom can increase the market value by up to 5%. Keep in mind the preferences of the people in the area, don’t be strictly guided by your own preferences.
Kitchen remodeling
A kitchen remodel is a pretty good investment. You can recoup from 60% to 120% of your investment. However, you should be very careful when planning your remodeling. Make sure that the style of your kitchen matches the rest of the home and the whole neighborhood. Don’t invest in luxury; just keep it cohesive with the rest of the home. Avoid expensive materials for countertops, such as marble and granite.
You don’t have to spend much money on your kitchen remodeling project. Keep in mind that fresh and bright colors will make the space look updated and bigger than it really is. New appliances or a new window over the sink are updates that will all pay off.
