4 Important Renovations That Will Increase the Value of Your Home

4 Important Renovations That Will Increase the Value of Your Home
  • Opening Intro -

    Home renovations are exciting.

    Who doesn't want to jazz up their home and impress their houseguests and neighbors?

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Despite the appeal of home remodeling, it’s important to choose renovations that increase value. Though you might like the idea of a man cave in the basement or a swimming pool, they don’t typically pay off in terms of an investment.

Here are 4 important renovations that increase home values:

Curb Appeal with New Siding

Is your home’s curb appeal looking a little drab? When potential buyers consider homes, the exterior is always the first thing. People look at homes and quickly decide if they are finished or in need of work.

To sell your home for top dollar, you want people thinking it’s a finished product from the moment they see it.

New siding achieves instant curb appeal. This automatically raises the value of your home. Many sidings now come with 50-year warranties.

Customers have many choices, including wood, vinyl, polymer, cement board, and even stone and stucco.

New Kitchen

Renovating the kitchen has the largest payoff of all rooms, as explained by Money Crashers. Most home buyers look at the kitchen as the heart of the home. When the kitchen is inviting, updated, and efficient, it makes your home a winner. Typical kitchen repairs have a return on investment of 80 to 130 percent. It’s important to avoid overdoing it, however. A luxury kitchen in an average home or neighborhood becomes a liability.

Add a Bathroom

If your home has too few bathrooms, adding one always increases value. Going from a one- to two-bath home puts your property in a whole new category. Updating an old bathroom is also crucial. Old sinks, toilets, and showers devalue a property. For some properties, adding a master bath can increase value substantially.

Landscaping

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When it comes to curb appeal, landscaping matters. A lush lawn gives the impression of a well taken care of the property.

Bushes and trees make a lot of difference to many buyers. They want the yard to feel like a place of tranquility.

Those living in hot climates should invest in shade trees and possibly a shaded deck. Most people enjoy the outdoors provided they can avoid sunburn.

Homeownership provides the opportunity to decorate your living space according to your personality and taste. It’s also important to make stylish and tasteful decisions that increase value. Kitchens, bathrooms, and curb appeal are the crucial factors in increasing home values.

Credit:
As explained by Leon Construction, recent technologies have revolutionized siding. View further for home siding options and styles.

Image Credit: Pixabay

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Categories: Home Values

About Author

MeghanBelnap

Meghan Belnap is a freelance writer who enjoys spending time with her family. She loves being in the outdoors and exploring new opportunities whenever they arise. Meghan finds happiness in researching new topics that help to expand her horizons. You can often find her buried in a good book or out looking for an adventure. You can connect with her on Facebook right here and Twitter right here.