Renovation projects can be costly. But, when done correctly, this can be the next significant investment that you can do to your property. Numerous renovation projects can increase the value of your home. Hence, it gives you the best return on your money.
Renovation projects are an investment that you gain back right away. It’s a double win, too. First, there are aspects of your house with a brand new design. Second, the renovation increases your home’s worth. If you want to sell your house after renovating, go to house listings. After all, it’s a project that’ll be worth it.
If you’ve got money sitting in the bank that you could spend on a renovation project, these are some ideas worth trying out:
1. Re-Do Your Kitchen
The kitchen is one of the most used parts of the house. It’s this part that gets the most wear and tear. After all, you go through a lot of cooking and washing in your kitchen for at least two times a day. That’s a lot of work in your kitchen. However, an old and outdated kitchen doesn’t do well for your home’s value. Hence, if you’re going to go through any renovation project, it might be an excellent idea to start with your kitchen.
Remodel and redesign your kitchen by working on the areas that badly need a good fix. This may include:
- Change up the paint.
- Change the cabinets and their hardware.
- Maximize storage space.
- Upgrade any of your old and outdated appliances.
As a guide, you want to have the feeling that your kitchen has more open-space. Wherein you’re free to move from the fridge to the washing area and the stove. There must also be sufficient space to entertain guests as well.
2. Install A Garage Door
In today’s busy time, where everyone seems to own a car, there are still houses that don’t have a functioning garage. Your home might be one of these, too. Most homeowners are now looking for houses with garage doors. Check for houses up for sale. You’d see this point to be true.
The reason why a garage is in demand is because of safety and privacy. They want to keep their cars safe. Apart from that, it’s an excellent way to maximize the garage area. Because you’ve got doors installed to protect it from the outside, it can also become a storage space. Hence, you can put in any of your tools or other household items that are cluttering all over your house neatly in your garage.
This extra privacy and added storage space help increase the value of your home, which makes it a good investment.
3. Add Another Bathroom
The usual ratio of a house’s bathroom is that there should be one for every two bedrooms. Or, at least add a powder room or guest bathroom so that guests who have to use the toilet don’t have to go to either of the bedrooms.
If you’ve got a multi-floored house, it’s best to have at least one bathroom on the ground floor. In that manner, if you’ve got visitors or family members who suddenly have difficulty going up and down the stairs, they can still relieve themselves from their toilet needs at ease.
A bathroom is a must, especially if you’ve got numerous rooms. It can be very uncomfortable to wait for your turn continuously. Or, for you to wake up super early so that everyone gets to finish in the bathroom in time for the school or work run. If there’s any unutilized space in your house, a bathroom would be a great idea.
4. Change The Roofing
Changing up the roofing is a renovation project that you can undertake if you’ve got the budget for it. Out of all other options, this might be one of the most expensive. However, it’s also one of the most important. Especially if your roof is in dire need of a facelift and a good repair, too.
One of the most telling signs that you need to replace your roof is if it’s already falling apart. Can you imagine selling your home later and your buyer complains about the state that the roof is in? If there are drips here and there, or the gutter is terrible, change the roof. If the paint is getting worn out, repaint it or change it up with a more modern roof.
Truth be told, once you’re able to boast that you’ve got a new roof, this can mean good returns in value if ever you decide to list your home for sale later on in the future.
Most renovation projects are costly that’s why buying your materials from a wholesaler can lessen your expenses. It can quickly go from hundreds to thousands of dollars in value, depending on your design, the cost of your materials, and the size of your area. But, if the design is something that you love, then it’s worth it. Even more so when the renovation works you decide to do are those that will immediately give you a return on your investment.
Should the day come that you’re going to sell your home, you’ll get to enjoy a higher resale value.