Some homeowners avoid major renovations and improvements due to the high cost of materials and labor. Depending on the particular project, it’s not uncommon spend several thousand dollars to create a fresh, new appearance inside your home. However, certain renovation projects are smart investments that will pay off in the form of a higher home value. When you finally get ready to sell your home in the future, you’ll likely receive more money thanks to these renovations. In this post, we’re going to reveal 4 improvements that are known to add value to a home.
#1 – Kitchen Appliances
The kitchen will have a significant impact on a home’s overall value. If your kitchen appliances are old and outdated, perhaps you can replace them with new ones. Adding a matching stainless steel refrigerator, oven, dishwasher and microwave will instantly add value to your home. And best all, stainless steel is incredibly durable and easy to clean.
#2 – Update The Paint
Giving the interior of your home a fresh coat of paint will also improve its value. Whether it’s latex or oil-based, paint begins to fade, crack and peel after a while. However, you can revitalize the decor of your home by giving it a new coat. This is a simple renovation project that most homeowners can perform themselves without the need for a professional painting company. Just remember to lay out plenty of drop cloths and tape off any trim, borders and outlet covers.
#3 – Bathroom Fixes
Another area that plays a significant role in a home’s value is the bathroom. You might be surprised to learn that the average person spends approximately 2 weeks out of each year in the bathroom. To make this time more enjoyable, you should perform some basic renovations that add both function and aesthetics. For instance, adding some form of secondary lighting will offer a stylish and relaxing ambiance that most people will enjoy. Instead of relying solely on a single overhead fixture, you can have a backup source of lighting in place. Another idea is to replace your current vanity with a more modern vanity.
#4 – Foyer
Because the foyer is the first area a guest will see upon entering your home, it will affect the entire decor. Allowing this area to go undecorated will only hurt your home’s decor and ultimately its value. Something as simple as a basic table with a small lamp and a few other decorative accessories will instantly improve the decor of your home while raising its selling value.