Renovating is an exciting endeavor, especially if you’re doing it to beautify your home. However, did you know that some of the renovations you can do can increase the value of your home?
You might not be considering selling your house now, but we don’t know what will happen in the future. Thus, instead of just beautifying your home, why not increase its value alongside it? Here are some home renovations you could do to increase the value of your property.
1. Space Addition
One way you can increase the value of your home is to build an additional space on your property. This is a major move, and it maximizes the square footage of your home, adding a hefty amount to its price tag in the future.
Of course, you need to use durable materials and details so they can complement your home on the outside. It should not be just any other space. You need to realize first what use it would be for the house.
The usual uses of the extra space are bedrooms, extra kitchen, living room, etc. However, if you want it detached from the house, you can build a small warehouse for storage, a simple shed, or even a greenhouse.
2. Update Your HVAC Unit
Your home’s heating, ventilation, and air conditioning are just some of the features that make your home more comfortable to live in. If you have an HVAC unit, you might want to see if it’s the current model.
The HVAC unit is a critical aspect of your home. Buyers often are taken aback when they see that the HVAC unit is old and poor. Even though the house is great, buyers usually shy away from homes with outdated HVAC units. Also, millennials often don’t compromise on old and outdated mechanicals, especially with crucial appliances like the HVAC unit.
That said, if it’s in your budget, you might want to inspect your HVAC unit if the model is not that old or buy a new one if it’s outdated. With this added value, it will be easier for you to repay the loan in full.
3. Kitchen Renovation
The kitchen is the heart of the home, so of course, as hearts go, it needs functionality. Remodeling a kitchen can be pretty exciting. However, it can also be complicated if you’re just renovating it for the sake of renovating.
You need to have a clear idea of how you want your new kitchen to be before going ahead and breaking things. Or if you just want to upgrade your kitchen, that will do. Updating the kitchen with new appliances and plumbing fixtures is necessary to renovate your kitchen.
Additions like drawer-style microwaves, wine fridges, and even extra outlets are already good enough if you want the price of your home to be increased significantly.
4. Bathroom Renovation
For some people, the bathroom is the main selling point of a house. This is where we do our private businesses, so it’s a top priority that the bathroom should be comfortable and accessible. That said, when renovating, you need to incorporate sleek surfaces to make your bathrooms clean and sparkly to the eyes of your house viewers.
If your home only has one bathroom and if you have the budget, you might want to add a few more in the house, more specifically, in each bedroom. Also, adding a shower can be huge to the overall price if you have a half bathroom.
5. Update Your Light Fixtures
Lighting is perhaps one of the simplest renovations you can do in your house, not to mention one of the cheapest. You’ll be amazed by how simple lighting can make your home seem warm and friendly, unlike dim ones that make the house look dreary. When choosing light fixtures, you should consider ones with amazing design and functionality.
Updated styles of interior light fixtures are pretty common in big stores. Not only that, but some of them can even be cheaper than you imagined. Even those chandeliers can be pocket change if you choose the right store.
6. Replace Your Windows
New windows can freshen up the appearance of your home. However, the most important thing about them is how much you can save on electricity by using energy-efficient windows. But how are windows energy-efficient?
Drafty windows allow too much air from the outside, so your HVAC unit will produce more power to work extra hard to regulate the temperature. That said, if you pick the right windows, you can save up a lot of money and, in turn, also increase the value of your home.
Final Words
These are simple and easy home renovations you could do in your free time. Not only do they beautify and make your home energy-efficient, but they could also raise the price of your home significantly if you plan to sell it in the future. With these home renovations, you can easily remove all their costs once the deal is sealed.
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