Renovating a home often yields the property owner numerous positive results. Arguably, however, the most important occurrence to emerge from this process is the increase to resale value. Many construction industry professionals maintain engaging in the following eight home renovations can significantly increase the residence’s worth:
Finish The Basement
Basements that appear to be more than a damp, grimy space where old junk is stored are significant value-boosting assets. Homeowners have many choices when deciding how to transform this often untapped below-ground space. Contracting professionals opine basements often prove suitable locations for kids playrooms, additional bathrooms or media centers. Regardless, real estate officials recommend homeowners make some upgrades and never leave the space dark, dingy and fallow.
Build A Home Office
For many businesses, telecommuting has become a viable option for a discernible percentage of said establishments staff. In fact, since the outbreak of the Covid-19 pandemic, working from home has been the norm in various industries. With such facts in mind, homes with built-in offices could prove extremely attractive. Such locations should be rife with open space to position furniture and electronic equipment, in addition to extra phone lines, data ports and electrical outlets.
Perform A Kitchen Makeover
Kitchen makeovers are among the most important home renovations for a property owner. Residents usually spend extended periods in this room to cook, eat and relax. Therefore, homes with inviting kitchens stand a far better chance of selling quickly and for top dollar than those that do not possess such attributes. Optimal kitchen upgrades should, at the very least, include the installation of new or renovated cabinets and drawers and modern, energy-efficient appliances.
Address The Bathroom Situation
Though occasionally overlooked and undervalued, bathrooms are viewed as pertinent real estate within a home. Too few bathrooms or those appearing old or outdated may very well turn off prospective buyers. Therefore, should the home contain at least two or three washrooms, engaging in upgrades involves paint jobs, new flooring, and modern, water-conserving sinks, baths, and toilets. If the home in question lacks bathrooms, the property owner is strongly encouraged to add such locations.
Few issues prove more off-putting to potential home purchasers than a residence lacking the appropriate lighting. First and foremost, limited light could prove dangerous and precipitate avoidable injuries from falls or bumping into objects that cannot be seen. Furthermore, light provides natural illumination for a home and can accentuate existing positive attributes. Enhancing a home’s lighting capacity could be executed in several ways. First, electric fixtures can be installed. Additionally, items drawing in natural sunlight, such as skylights and windows, could be inserted.
Creating More Space
Square footage does not necessarily define a home’s space. Engaging in simple actions, like removing clutter, goes a long way towards freeing up precious room. Not only can clutter be dangerous, but it often devalues a home in prospective buyers’ eyes. Fortunately, this disarrangement can be reversed by donating old clothes, removing boxes, tossing trash and compacting loose items. Those who do not have the time or desire to tackle this job on their own are urged to contact professional home arrangers.
Improve Curb Appeal
Curb appeal is defined as the attractiveness level someone viewing a home from afar believes the home possesses. Properties not offering visual appeal often take far longer to sell. Enhancing curb appeal can be executed through actions, such as improving the property’s landscaping, remediating any visible damage to the home or surrounding driveways or pathways and power washing the home and surrounding exterior structures to remove particles, like dirt, dust and grime.
Add A Deck
Exterior locations, like decks or terraces, often add to a property’s worth. Such spaces offer prospective buyers greater entertainment opportunities. Moreover, installing additional components, such as built-in benches, tables, barbecues, or fire pits, could add even greater value.