No two renos are equal when it comes to increasing your home’s value. And in our last article, we showed you how some of the most popular renos don’t really make the grade when it comes to adding more value to your home. So now it’s time to dive into the second part to tell you the types of renos, which will always increase your home’s value.
Here are the top five improvements that we believe make a real difference in the purchase price.
The kitchen is often the place a family will spend the most time in. It’s considered to be the heart of the home where people cook together, eat together, and congregate throughout the day. It’s also the room that has a variety of renovation opportunities that can greatly increase the value of your home. Improvements like adding more functional space, an island, energy efficient appliances, more counter space, and bigger cabinets, all can be done to transform your kitchen into a space that buyers will pay more for.
The bathroom is also a room that gets a fairly decent return on investment. And a simple reno can provide lots of added worth without requiring extensive costs. Updating your dated bathroom with some fresh paint, a new floor, a functional vanity and modern fixtures can go a long way.
A shiny modern floor can really catch a buyer’s attention. So if your current flooring is made up of cracked tiling or dingy carpeting, it might be time to replace it with new materials. A picky buyer who puts design and aesthetics near the top of their list will be willing to pay more for a home that has beautiful flooring. To get the most bang for your buck, try using trendy materials like wood tiles, stone, and cork that looks much more expensive than they are to purchase.
Finished Basement or Attic
Adding more space to your home is one of the best ways to improve your home’s value. By finishing your basement or renovating your attic into an extra living space, you can change your home from a 2 bedroom to a 3 bedroom and bring an even larger return on investment, especially if it can be used as a rental suite.
Windows And Doors
Improving your home’s curb appeal and adding energy efficient features can attract more buyers too. Replacing your windows and doors is one of the best ways to achieve both factors. Buyers like to know they will be saving on their energy bills right from the get-go and won’t have to replace any dated materials in the near future.
When you’re ready to make a new home transformation, we can help you design it and build it.
At Renosgroup.ca, we are your one-stop shop for complete home renovations. Call us today and let us tell you more about how you can improve your home value with a reno project this year.