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8 Home Renovations That Will Increase Property Value

Various home renovation trends have proven the essence of embracing this project. New technologies and designs will amp up your living space, from spa bathrooms and multifunctional islands to functional mudrooms and built-in storage. Yet, you’ll want a renovation project that readily increases the value of your property. Here are a few insights into the 8 home renovations that will increase property value.

Roofing


Excellent roofing is one of the 8 home renovations that will increase property value. Roof restoration is essential in boosting comfort and security, protecting you against various pests and even attackers. It will also cushion you against inclement weather conditions and noisy environments, ensuring that you remain healthy in the long run.

You can consider multiple roofing trends in this pursuit. For instance, suppose you are conscious of the environment. In that case, it would help if you opted for green roofing. Green roofing offers various economic, environmental, and societal benefits. You will rely on it to reduce ambient temperature, regulate indoor temperature, and boost energy efficiency. Cool roofs and solar power panels are also worth it.

Roofing renovation increases your property value by boosting its aesthetic appeal. An attractive curb will likely attract potential buyers, increasing the demand for your property. In addition, most people will appreciate your efforts to enhance sustainability. Embracing roofing materials that boost sustainability, including metal roofs, cool roofs, and green roofs, will boost property value.

However, you must choose a reputable roofing service professional to handle this project. Check the online reviews and portfolio of this roofing contractor to get an insight into what to expect. You might also consider referrals from reliable friends and family. Remember, an excellent roof could boost the value of your home by up to $12000.

Garage Renovation

Upscaling your garage will tremendously increase the value of your property. The average amount recouped from this renovation is approximately 98.3%. Yet, this number could be much higher if you choose the right renovation project and method. The amount could also vary with your location.

In most cases, you will start by investing in a modern and upscale garage door. This door should be built with sustainable and significantly durable materials. In this case, the best materials to use will include steel, aluminum, and wood composites. You could also consider energy-saving glazing, boosting energy efficiency within the garage. Excellent insulation could also suffice.

A garage remake is one of the 8 home renovations that will increase property value. Yet, you can only achieve this by embracing different modern equipment and approaches. For starters, insulate your garage door. Excellent insulation helps regulate the internal temperature, ensuring that your garage is more comfortable in the long run.

You could also convert this garage into a more meaningful room. For instance, some people will want to use this room as an extra bedroom, theater, or meditation room. On the other hand, others will use it as a home library, office, or gaming room. The idea is to get the most out of the room.

Bathroom Remodels

Your washroom is one of the most sensitive places, determining your general health. It counts among the top 8 home renovations that will increase property value. A bathroom remodel entails installing multiple features and fixtures within the bathroom. It requires you to embrace different design layouts, relocate current fixtures, and add new technologies.

Bathroom remodels will increase your property value significantly. Yet, this value will vary with the technologies and remodels you embrace in the bathroom. For instance, installing modern walk-in showers, steam rooms, saunas, and whirlpools will be worth your money and time. These elements add a touch of elegance and class to the property, attracting many potential buyers.

Various bathroom renovation trends will ensure that you get value for your money. Such is the time to embrace touchless faucets and toilets, updated sinks, multipurpose storage, and organic styles. Your bathroom should highlight comfort and relaxation. It is the only way to make it more appealing to potential investors and buyers.

Studies indicate that you will recoup about 64% of how much a bathroom remodel costs. This figure is approximately $14000 to $38000. The variance depends on whether the project is midrange or upscale. Yet, the goal is to improve your property’s value in the long run.

Kitchen Renovation

Upgrading your kitchen is one of the surest 8 renovations that will increase property value. Various steps go into this upgrade, from interior redesign to advanced kitchen appliances. Understanding what to amp in the kitchen will ensure that you get unmatched value for your money. The following insights will help.

First, it would help to change or upgrade your floor. An excellent flooring should offer you the comfort and warmth you need in the kitchen. Depending on personal preferences, you could consider hardwood, tile, or vinyl flooring. Concrete contractors will often help install a reliable floor in the long run.

Enhanced storage options will also come in handy. Enough storage allows you to keep the kitchen organized and neat. You might also want to focus on the color of the cabinets, preferring white colors. Its countertops should be made from incredible material. Preferably, opt for quartz. Granite is yet another consideration you might choose. You can blend it with granite custom furniture.

You might need a new drainage system in the kitchen. A plumbing service provider will help in this pursuit. You could also consider chimney service professionals to work with the plumber. It ensures better results.

While a kitchen upgrade will significantly boost your property’s value, the amount varies. This kitchen remodel will improve the property’s value by between 50 and 60% of the remodeling budget. For instance, suppose you spend about $100000. In that case, you will recoup between $50000 and $60000 in increased property value.

Creating an Addition

If you are looking for the best 8 home renovations that will increase property value, creating an addition will help. An addition offers excellent returns on your property value. It will also provide additional space to use. Usually, you will be free to use this space however you wish. For example, while you might prefer an extra bedroom, another person would use it as a living room.

Potential buyers often look at the size of the house before investing. Increased usable space makes the home more appealing to the potential homebuyer. However, you might want to consult a professional to help determine how to use this extra room. If you have a growing family, a spare bedroom will suffice. On the other hand, you could convert it into a home office if you work remotely.

Extra additions have proved to be a perfect choice to increase your income. People can use this room as a short-term vacation rental. This way, you can host various guests from time to time at a fee. The fee charged should be commensurate to the level of satisfaction you get in the long run.

An addition will increase your property’s value by 60% to 70%. However, suppose this is a two-story addition. In that case, you will expect the value to go up by 65 to 74%. This value will depend on the methods and materials used.

Installing Outdoor Structures

Various outdoor structures help improve your curb appeal and improve your serenity. Investing in suitable facilities will ensure that you get value for your money in the long run. Usually, it would be best to compare which structures suit your property, depending on its size. The most common choices include patios, gazebos, swimming pools, and outdoor kitchens.

One of the 8 renovations that will increase property value is fencing. Excellent fencing improves your security and privacy in the long run. It will also protect your children and pets from various attacks. Yet, you must choose the best fencing material to get the utmost value.

You will also need to consider an outdoor kitchen. This kitchen should have a modern fire pit, increasing its usability, particularly during cooler months. This kitchen will also ensure that you host friends and family without too much struggle.

A modern swimming pool will also count among the 8 home renovations that will increase property value. This renovation or property upgrade allows you to build a swimming pool that will enable you to access multiple health benefits. Yet, above all, it will readily attract any potential home buyer. An excellent pool builder will ensure you get the best design for increased value.

You could also consider an outdoor gymnasium. Alongside the swimming pool, it will help you remain fit and healthy. It will also increase the value of your property tremendously.

Patios and decks are also great additions. They provide you with an exceptional place to rest whenever you need time alone. You could also invite your friends and family and host them in these spaces.

Installing outdoor structures will significantly improve your property value. This value ranges between 60 and 85%, depending on your chosen system.

Smart Home Automation

Technology has become central to the functioning of any household. It is among the 8 home renovations that will increase property value. Innovative home automation technology is essential in automating various processes and functions in the house, allowing you to control different tasks remotely.

This renovation requires you to install various equipment, including intelligent cameras, water leak detectors, smart thermostats, and smart locks. These technologies will help improve your privacy, security, energy efficiency, and water efficiency. You will rely on it to control and automate different home attributes, including lighting, temperature, entertainment systems, and appliances.

For instance, you can rely on home automation technology to control different appliances remotely. This way, you can avoid energy wastage, minimizing energy and water bills. You will also get notified in case of trespasses. Instant notification allows you to take appropriate measures on time. However, your system must be connected to WiFi for this to happen. You can control various activities via the internet remotely, often through your phone.

Various systems have different impacts on property value. Advanced automation systems will likely offer unrivaled returns in the long run. However, on average, home automation will improve the value of your property by 8 to 20%.

Insulation and Temperature Control

Everyone looks forward to unmatched comfort whenever they are in the house. A house with increased comfort levels will likely attract many potential homebuyers. It will also make you feel like you are in a haven. You can achieve this by embracing excellent insulation and temperature control measures. You have three options: insulation, HVAC upgrades, and window treatment.

Insulation ensures that the temperature within the house remains checked. This project will cushion you against the effects of inclement weather, including excess heat and cold. You could also rely on it to avoid noise pollution in the long run. You have multiple insulation options to consider, from fiberglass and foam to cellulose and mineral wool insulation. Insulation could increase your property value by between two and six percent.

HVAC upgrades and replacements will also increase your property value. You need to install advanced technology to help regulate internal temperature. At the same time, you should engage a professional to inspect and identify the issues with your current system. It will help address the problems on a short-term basis. An excellent HVAC system will also improve your property value significantly.

Window treatments will also come in handy. These treatments ensure that your house feels warm and regulated. Various window treatment options are at your disposal. Yet, shutters stand out. While they are the most expensive, these window treatments offer an invaluable increase in property value. However, if you are on a tight budget, you could consider vinyl, including HTV. The idea is to get something that boosts comfort and property value simultaneously.

Various home renovations can help boost your property’s value. Understanding what options to prioritize ensures that you make decisions that will significantly improve your property’s market value. Even so, ensure that the chosen renovation project adds meaning and comfort to your home. The insights above will help.

 

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