When you renovate your home, you need to ensure that you can recoup the investment by raising the property’s resale value. Many people often end up splurging on home improvements that do little when it comes time to resell. Your primary goal for renovation is to improve the appearance of the home while at the same time ensure that you also get profit by being able to attach a higher price tag. Here top renovation ideas that will guarantee a rise in property value.
Remodel the kitchen
Perhaps the priciest of all home renovations, upgrading a kitchen undoubtedly increases your home’s value. But to get the most out of your investment, you need to select materials and design elements that are sought-after by most home buyers. You also need to take into account how upgrading the kitchen will impact the overall appeal of the home. Favourite areas for renovation includes kitchen worktops and cabinetry. If you want the best for your home, consider natural stone like granite or engineered material like quartz. Quartz worktop London manufacturers carry a variety of styles and designs at different price points that will suit any budget.
Improve lighting and open up spaces
Open floor plans are desired by homeowners today. If you are planning a renovation, why not consider knocking down a wall to increase floor space and make the home look more open? One popular idea is to do away with closed-in kitchens. Instead, continuous floor plans give an illusion of more space. You can also upgrade your home’s lighting or allow more natural light to enter by updating windows. Another excellent renovation idea is to create vaulted ceilings that enhance space.
Exterior appeal and landscape
If there isn’t much to improve on in your home’s interior, you can focus on landscaping and kerb appeal instead. First impressions matter when it comes to selling a home and what the house looks like on the outside can impact the potential buyer’s decision. You need to make sure that the exterior paint is updated once every few years. You may also want to check the roof and mouldings for damage and make repairs if necessary. As far as the landscaping, always have a paved driveway and any plants or vegetation need proper maintenance. If you want to enhance the appeal of your home’s exterior, you can add a patio, a garden deck or some furniture.
Add a new bathroom or update old ones
Depending on a home buyer’s priorities, the bathroom can make or break a sale. If the bathroom is out dated, remodel it and add new fixtures. If there is enough space in your home, you can add a small bathroom or shower room because it will increase your home’s resale value.
Consider finishing the basement
If adding rooms is not feasible in your home’s current floor plan, you may want to consider completing the basement. A finished basement can be converted into an extra room such as an entertainment area, a playroom, or an office. If your budget allows, you can also add a bathroom to your finished basement.